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S Illinois | Looks like normal reading to much into it again by the know nothings at FB grain market discussion. A rising interest rate environment favors shorting all commodity asset classes. The Fed didn’t go to speculators and say hey short the corn market and we are raising rates to encourage you to short corn. The fed had inflation worried to control which mean raising rates. Which means slowing the economy and commodity demand. The Fed didn’t give one iota of thought to a 60 billion dollar corn market.
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It’s not all supply and demand.
