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| Excellent points. So now it’s like Brazil need to bid up their land and then we can all agree to sell for 15$. But this ultimately comes down to what the price of grains are
And that comes down to algos
The soyb and gme chart have the same algo trading the bean price lower.
So market makers forcing the price down to conform with their lower volatility mandate seems to be the real culprit imo
Although maybe if they weren’t allowed to do that the price would be lower but I’m pretty doubtful | |
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More of the same
