|
| folks first time here, post over at Agweb.
I've been of the contention that the elevators run by multinationals have been saying that they will not take deja vu all over again like they did in 08 and get caught short. It's make up time and the farmers are taking it in every orifice of there body.
The line has been drawn in the sand for scant farmer profits, while the multinationals pillage away siphoning farmers profits via negative basis.They will not allow farmers to crystalize any more gains than they deem necessary.
I saw this coming in 2011wheat and got basis locked in very early before they unveiled there grand larceny Goldman rip off caper.
These multinationals and there funds are the driving force behind futures escalation because they have the farmers hamstrung and are fully protected and will be the sole benefactor in any rise in futures prices.
It does not matter where the futures prices go in this bull market, we as farmers are being had and the elitists have full control of our destiny through there manipulative ways of market chicanery.
These companies will bombard the new media exclaiming farmers making huge windfall profits justifying the big time love to be bestowed upon the farmers in 2011 of 30 % price hikes in input costs.
Farmers are befuddled and indecisive on how to market there crops. Plain and simple, we are screwed to the wall and they are throwing darts at us!!!!!!!!!!!!!!!!!
We are ######! | |
|
Basis update in St. Louis. (You will enjoy these numbers.)
