The Importance of a Sound Premise

The Fed has been so good about developing these long-term trends and interest rates that we have been able to capitalize on that for 30 years. So agriculture, while it has seasonality, will have this underlining long-term trend that will probably be up based on interest rates,. which are carrying charges for that. And in a secondary way to the equity markets, not quite as clear, but they do stimulate even though there's a serious lag in it. But the interest rates also then move into the carrying charge as well, the other markets.

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