Posted 2/14/2024 05:44 (#10622676 - in reply to #10622562) Subject: RE: Market comments - La Nina, funds, & USDA outlook forum
custar ohio
My prediction.
The shorts will slowly unwind. They will not be this short at the start of seasonals.The farmer will still be unhappy with flat price and slowly sell into it for cash flow.
At the end of the day, only the funds will be happy. The big rally is not going to happen. Maybe a small rally when all said and done. And that doesn't pay the interest on all that stored grain.
Same story, just a different starting point.
Market comments - La Nina, funds, & USDA outlook forum
