Posted 9/28/2023 11:21 (#10419782) Subject: Government Shut Down
Here is the Thought of the day.... With Funds being short 140k contracts in the corn market they could cover and go the sidelines with a Gov Shut Down . Funds do not like the unknown and have a tendency to avoid outside market uncertainty. Par that with the Ins pricing period in Oct and we could see a period of higher prices. I would use this to catch up on sales.