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<p>[QUOTE=&quot;justafarmer, post: 1178531, member: 3926&quot;]All commodities are down not just PMs.</p><p><br /></p><p>Just a side note - Arkansas Farm Bureau estimates that 1500 sq miles of Arkansas farmland, an area which produces half the nations rice, has been flooded over the last few weeks. These flood waters are moving south down the Mississippi River backing up into&nbsp; and flooding the Yazoo River Basin in Mississippi and the Lousianna Delta Region - which are also large rice producing areas. The extent of crop damage as of yet cannot be determined but I believe it will be extreme. This coupled with the Japanese Tsunami makes me fairly bullish on ricce - which I believe to be trading under value to begin with.[/QUOTE]</p><p><br /></p>

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