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are emotions taking over the markets???
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redoak
Posted 8/9/2010 13:17 (#1307558)
Subject: are emotions taking over the markets???


sw ontario
--guys that 2 weeks ago was waiting for to-days corn,soy and wheat prices now they have all gone full blown bulls....history tells us to be careful when we are in times like these,,,in early spring of '09 we could have contracted hogs at great prices but "everyone knew there would be a shortage of hogs and higher prices yet" so we too jumped on the bull and then H1N1 struck and forward contracts lost 30 +% of there values and we sold a lot of production way below costs for one reason,,our greed...no one not even cargil,adm or arm chair advisers know what prices will do,, as what moves markets is things not predictable or ever expected...our postion is sell what we are not going too store this fall and move on
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