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| And you don't think they aren't currently manipulating it anyway? Funds are long over 4 bln bushels corn and 1.5 bln beans. That is why "fundamentally" predicting what price it would take to ration demand today is impossible. 10 years ago when actual fundamentals ruled the ebb and flow of the markets, it was much easier to predict.
The grain markets will top when the funds decide they have topped, not when the fundamentals dictate it. | |
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An economic question and your thoughts.
