a dumb lawsuit, and the future of ag stocks and how to make vinaigrette

[selkirk]

not sure how much news it made in the US press but big news in Canada is BP is taking a run at Potash corp.

though I own a small small small amount of potash corp owned much more of agu, just thought it was a safer play and did not think any of them would be in play....wrong.

still both of these stocks and others in the group like CF industries have done well for investors over 5 years.

3 US investors filed a class action lawsuit for Potash corp not talking to BP, managment job is to get the best price and they believe the price is to cheap so does the market as the price is above
the bid, and has been since it started.

anyways these 3 US investors own 100 shares, no that is not a typo, together 100 shares and they bought near the top, and were under water so here is the lawsuit.

now potash will win and they have lawyers, still this is beyond stupid, to the 3 US investors just wait Potash corp is a good company, do not file a lawsuit if you are down 5-10% on a stock, just incredible...hard to believe.

why ag stocks will do fine : short term who knows but here are some facts:

world population 6.8 billion
2050 9.3 billion
3.5 billion will be short of water by 2025

so less water more mouths to feed, so there will have to be more grown in smaller spaces.

one final note: ag stocks poped over 10% in two days, these are trading stocks also, the corn report in the US came in low really low, so the market bids up these stocks, since corn prices higher higher demand and prices for fertilizers.

build positions slowly, have options on the group mainly put options sold. and small positons.

Vinaigrette

these can be expensive, get a resealable bottle put some clean herbs in, basil ect. and add 3 cups of white wine vinegar, store in cool place. use for up to a year.

thanks
selkirk

 

[selkirk]

by the way corn goes into many items we eat, and is a very important crop, if corn goes up, who knows at this point, then food will also go up.

oil is sitting above 80 and food prices are going to start going up, and they are talking about Qe2...the US central bank will have to be carefull going forward.

do not see large inflation on the horizen but funny how fast it can start.

thanks
selkirk

 

[ssd]

selkirk:
I always enjoy your insight. Thx for posting

here is a link to a news article re: Monsanto and Round-up Ready soy, etc.

As your post was speaking about ag stocks, etc - I thought you might like to see this.

Remember folks - you are what you eat

 

[ssd]

d'oh - here's the link...

http://www.globalresearch.ca/index.php?context=va&aid=21251

 

[selkirk]

SSd it is scary when they spray so much that they even hit peoples homes.

in the future they will have to watch and regulate the amount of chemicals, and the new types of seeds that will be developed.

the challenge will be to grow more food on less land. there will be GM foods, seeds, and many other items.

the farms will also get away from the family farm model ( though there has been studies that show family farms are very productive) and more to an industrial style opertation.

to prove my point in western Canada a few years back was shocked while listening to a show that a "small farm, grain farm was considered 10,000 acres.

well heard an interview from a farm machinary dealer in western canada, that said the 100,000 acres grain farms would trade the machinary in every year, they could not afford any down time,
the 50,000 acre operators would get equipment 1-3 years old, and the small operators 20000-30000 would get 3-5 year old equimpment.
farms in grains and livestock are only getting bigger.

note : one year plan to plant some heritage seeds to see how they do, that are old types of seeds that are not readily available in the stores.

agu is up $5 in two days. :toast: be carefull these are on a good run.

note: also have a position in CP rail believe there could be 10-15% more upside.

ussually prefer cnr but have owned cp off and on.

thanks
selkirk

 

[ssd]

selkirk:
I own a family greenhouse and also run a CSA garden for 50 families. Get my mail from Jack if you want and I can send you some stuff.

I'm not a tree hugger but I try and eat as natural and organic as I can. My wife is a veterinarian and the incidence of food allergies and disease that she is now seeing in animals is alarming - animals are sentinel species so what we are seeing in them, we will see in the human population eventually. This is not a scientific study but I have to imagine the GMO foods and the waste products are what is used for animal food manufacturing in all but the very best brands and we are witnessing what those ingredients do to the animals.

Nothing tastes better than a fresh, homegrown potato!

thanks for all the insight

 

[selkirk]

SSD I agree with those thoughts. fresh local produce is very good, and more people should shop from local food suppliers.

there are plenty of problems with the food industry. heard on the news that an animal that could rest on soft (pasture, dirt, rather than concrete) will sleep for 2.5 hours longer, and these cows produce more milk and live longer.

so since animals (diary ) are so expensive it would make sense for the health of the animal and economics.

by the way grew hundreds of tomatoes from the garden and squash and pumpkin and cucumbers, beans did not work out this year.

however can never grow potatoes, enjoy them though.....


thanks
selkirk

 

[baby johnson]

the vinaigrette is sooo good

 

[ssd]

selkirk:

You want relatively well drained soil for potatoes. And you have to continually hill them up - as the plant grows, you keep piling fresh soil on top and the plant will keep growing up - you dig the potatoes when the plants leaves turn brown and start to die - if you plant in early May, you'll have potatoes in September. I dug over 600# of potatoes from a 40' row.

 

[selkirk]

the fertilizer stocks have had a decent run, they could be basically flat...still long term will buy on pullbacks, Agrium, CF, and maybe potash after the buyout talks end.

SSD thanks for the advice, the potatoes plants grow well, great, however when I dig them up I get a few potatoes. been like that for a few years, buy local potatoes for 1.99 10lbs good deal.

can grow tomatoes, cucumbers by the hundreds, some years thousands, beans yellow and green except this year. and tons of squash and zuchs, though I hate squash and zuchs (both are very good, extemely healthy for you, still hate them).
gardening is a hobby, would always need some garden.

thanks
selkirk

 

[ssd]

selkirk
you need to irrigate the potatoes - otherwise, your yield will be poor....in heat of july and august, you can probably water every day almost