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| So hypothetical here. We have relearned in the past month as we have before that fundamentals of supply and demand do not always determine market price or direction, many other factors are at play. However this can work to the downside just as easily as to the upside. So assuming we have a major weather problem this summer, (and that is absolutely not a given at all), what happens if the market does not react accordingly? Maybe we get a quick bounce in the market but by harvest we are at sub $4 cbot corn by harvest. Seems it would be a worst case scenerio for most because insurance price would not make up for lost bushels. Thoughts or comments on the likelihood of this actually playing out?
Edit: Even in 2012 if I recall markets peaked in August, but remained high enough through harvest for good insurance for those of us that needed it. With the larger carry outs now not sure it would happen the same...
Edited by Deere6 5/4/2016 21:17
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Fundamentals vs Technicals and traders
