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Grains near bottom? Are stupid cheap prices possible? Market comments
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Mr.Grain
Posted 6/5/2024 21:15 (#10765046 - in reply to #10765022)
Subject: RE: Grains near bottom? Are stupid cheap prices possible? Market comments


ObSeRv - 6/5/2024 21:05

I just looked at his Twitter page… and read all the information possible from last year. Has posts of 12.00 corn… 20.00 corn…. “How high can beans go”…. Sub 170 national yield….

Bearish doesn’t sell isn’t that the saying?… posts sends chills down my spine.


Farmers with multi year staying power and bin room…. The grain hoarders….. the guys that grow it every year and sell it every 5……….

Are the same guys that will have plenty of grain ……when we get price moves like other commodities such as coco, OJ

And yes we believed that we could see grains go into a super cycle with inflation and drought…..but to drought busted…..and we were wrong….

We practice risk management but the reality is more money is and always will be made by those that can hit the home runs…..

If you dont believe me go do the math on it
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