Posted 9/23/2022 22:17 (#9858482 - in reply to #9858470) Subject: RE: Can grains bounce back if outside markets continue to struggle?
South Dakota
tmrand - 9/23/2022 22:10
jd7520 - 9/23/2022 18:39
I anticipate commodities will rise after the stock market sells off.
But from what level? If corn goes down $2..............and then moves up a dollar...............did it really rise??
I don’t think corn has much pressure left in it
I bet we see 7.00 futures before we do see 6.00
I would guess it’s far more likely we see corn go up 2 bucks then down 1
Will all inflation talk grains look cheap relative to other investments. Such as stocks. S&P. nasdaq. Etc
If you are a fund and you see grain prices cheaper then 2012 or 2008 and you think of value with inflation. Do you buy or sell grains at these levels???
Obviously there are more factors. But that factor would leave me buying
Can grains bounce back if outside markets continue to struggle?
