country or any other for that price. the position limits, which you referenced, are critical in that they represent a limit as to how much grain could potentially actually exist. the elimination of the position limit makes it such that you can suddenly buy more grain than exists on the entire planet because now you re just speculating on the price or potential price and creating all the price inflation you described so well. high prices, rural america does well. that ag dollar turns seven times on main street. so america is loving this stuff as far as the ag economy is concerned. then you take a look at the construction of and the manufacturing of all the big equipment that goes with it. but somebody pays a price down the line. in this case, it is people of these countries that are run by dictators that can t provide for their people. there is the snowball effect. i would say it s the poorest billion, whether it s the poor in the middle east, the poor in asia or the poor in louis
price. the position limits, which you referenced, are critical in that they represent a limit as to how much grain could potentially actually exist. the elimination of the position limit makes it such that you can suddenly buy more grain than exists on the entire planet because now you re just speculating on the price or potential price and creating all the price inflation you described so well. high prices, rural america does well. that ag dollar turns seven times on main street. so america is loving this stuff as far as the ag economy is concerned. then you take a look at the construction of and the manufacturing of all the big equipment that goes with it. but somebody pays a price down the line. in this case, it is people of these countries that are run by dictators that can t provide for their people. there is the snowball effect. i would say it s the poorest billion, whether it s the poor in the middle east, the poor in asia or the poor in louisiana and arkansas, those are t