6 ordspråk av Joe Victor
Joe Victor
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Get some of those old-crop beans sold, get some of the new-crop beans sold. We do see some producers selling some added old-crop and new-crop corn.
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The funds did the same exact thing in November, October, and September. They waited for the USDA reports, blew up the prices for 3-5 days and then took it right back down. So, we're sitting here trying to figure out if the funds do it again before the end of the year, which is the end of the fourth quarter and end of the month.
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The soybean complex was the first commodity to feel the index funds presence, but wheat and corn are attracting the index funds' attention as well.
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In the grand scheme of things, their intentions are for the good.
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Anything they do to advocate the education of farmers on the use of risk management choices is good.
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I thought there was no way (corn could do well), given the heat we had. Every day was 98 degrees, no rain. I thought, this crop is in trouble.
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