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Screw supply and demand- rant
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Hayinhere
Posted 8/14/2010 00:15 (#1314650)
Subject: Screw supply and demand- rant


Central NE

Not really- but was thinking about the past year and what influenced the markets the most.  This is what I came up with:

January:  USDA 13bb crop report

June: Europe decides to print a trillion Euros - dollar goes up

July: USDA crop report (oops- reversal?)

Aug?: Vladimir Putin shuts off Russia grain exports

Aug: Fed reserve decides to print dollars to buy U.S. debt. - dollar goes down 

As a farmer this just pisses me off that the grain market movements/ buying selling opportunities have had so little to do with grain supply and demand and so much to do with what these idiots do to screw with it.

Rant over

 

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