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11/06/16
10:17
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Originally posted by Art Vanderrs
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Have you heard/read something?
On the surface there would appear to be some synergies, eg. water, cattle. But it would take some great management to bring everything together into a coherent whole.
In other news, I note rice prices are up 17% since the end of March - maybe that's helping to stabilise Webster's share price.
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Apologies, getting my ag commodities mixed up. Cotton is the commodity relevant to Webster - and cotton prices are up 16% from the start of March.
http://www.nasdaq.com/markets/cotton.aspx?timeframe=6m
Cotton prices are still languishing around 1970s price levels though - hardly a pretty picture:
http://www.mrci.com/pdf/ct.pdf