The Comstock Report

David Kruse President, ComStock Investments (with permission to reproduce) Copyright [email protected] CommStock Investments, Inc., David Kruse Someone gleaning through old Commstock Reports found this one that was remarkedly prophetic in context of the changes in economic events that have unfolded since. I have been told that sometimes I am too far ahead of the comfortable consensus and it may have seemed that way in 2003, but events have certainly caught up to what I forecast. This report, in Read More …

The Comstock Report

by David Kruse President, ComStock Investments (With Permission to Reproduce) Copyright [email protected] CommStock Investments, Inc., David Kruse The National Pork Producers Council (NPPC) believes that hog producers have a birthright to buy cheap, below the cost of production, corn for feed. They never ever complained about farm subsidies keeping corn farmers producing burdensome stocks of corn, but have focused a lot of ire on ethanol subsidies that helped develop an industry that pays farmers what their corn should Read More …

The Comstock Report

David Kruse President, ComStock Investments (With Permission to Reproduce) Copyright [email protected] CommStock Investments, Inc., David Kruse Darden Restaurants, which own Olive Garden and Longhorn Outlets, believes food prices and net energy costs will rise 1.5-2% this year and 3.5-4% in 2012. Darden has locked in 100% of its seafood for this year and 30% for 2012. It has bought 75% of its beef needs for 2011 and 40% for 2012. These two foodstuffs, fish and beef, account for Read More …

The Comstock Report

David Kruse President, ComStock Investments (With Permission to Reproduce) Copyright [email protected] CommStock Investments, Inc., David Kruse Farm Credit System works and works well, which really annoys anti-government ideologues. They offer customer friendly terms at competitive interest rates and as they operate as a cooperative, the customers benefit from patronage as the system makes money. The private sector has its farm Banks and they play a critical role in financing agriculture too. We don’t want to get rid of Read More …

The Comstock Report

David Kruse President, Comstock Investments Copyright [email protected] CommStock Investments, Inc., David Kruse Whenever corn prices rise, we need to hand another dry crying towel to the NPPC, NCBA and AMI as their tears will flow freely as they decry the injustices of ethanol, portrayed as the source of all livestock industry ills. Actually, they will claim to support ethanol, just not ethanol subsidies. If ethanol was not subsidized, they claim their opposition would relent. That means that the Read More …