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| The line on the chart continues to advance.
The CFTC report is more of the same.
In terms of long large & small specs & ratio to shorts:
old crop corn 1.18 long vs short slight improvement
new crop corn 1.93 longs vs. short
old crop soybs 1.50 longs vs short
new crop 1.53
old crop wheat continues (& has for months) to be in the hands of the commercials, a ratio of .66 long vs. short
new crop wheat 1.55
I noted the following quote on an investment website: goes along with my view of massive disinformation during times of economic stress-
"
-The Tosser (dealer) is the sleight of hand man who mixes the cards and takes the bets
-The Shills are accomplices who pose as punters making bets, to give real punters the impression that the game can be beaten
-The Lookout watches for cops (police) and signals their approach so that the game can be “folded up” quickly
-The Muscle Man takes care of anyone who decides to complain
-The Roper seeks out likely punters and encourages them to join the game
Every interview on CNBC or Bloomberg, think of these 5 players. "
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Things.
