As farmers we understand the price swings of bulk commodities.
Corn and beans and wheat dropped near limit down yesterday.
On the grocery shelf today, I did not notice cornbread prices down 10%, I did not notice Wheaties down 10%.....
Gasoline is pretty tightly controlled by a very few players in the USA. Makes a person ponder a bit, when the raw material of crude drops, the prices are kinda low, and one of the players has some mystical issue that slows the bulk supply a bit, causing the retail price to jump up 15% in a couple days.
Now, anyone dealing in bulk commodities contracts out a few months, so spot prices aren't really all that important other than for headlines.
Yea, I think we get it....... And keep getting it.......
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Today's Featured Article - The Nuts and Bolts of Fasteners - Part 2 - by Curtis Von Fange. In our previous article we discussed capscrews, bolts, and nuts along with their relative hardness and thread sizes. In this segment we will finish up on our fasteners and then work with ways to keep them from loosening up in the field. Capscrews, bolts and nuts are not the only means of holding two parts together. When dealing with thinner metals like sheet tin, a long bolt and
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