Mr Limit, when you post LOL two times in a post it casts a note of arrogance and sarcasm, and is less than constructive in offering an opinion other than what the person above you posted.
With respect to the facts....
1) The whole world knows about the drought. When my sister calls me to ask about cereal prices potentially going up, that is a harbinger. The drought is why the prices are at this level now. duh. Tell us all something unique and enlightening about the weather that is generally not known? Hmmm???? got anything to add or just LOL?
2) With respect to reading the charts.... If I'm right 25% of the time, I make a lot of money. Being wrong is part of the game. Managing risk exposure is the name of the game. Tell us all something unique and enlightening about your technical analysis of the charts; something other than "moon". Got anything to add or just LOL?
Good trading to you sir.