Posted 1/18/2025 07:23 (#11060735 - in reply to #11060158) Subject: RE: let go of some more of my long corn futures position
SE IL
fatan sassy - 1/17/2025 17:03
IN555 - 1/17/2025 16:53
I read Nat for months and it said corn to 3.20-3.50. Only an idiot would factor in inflation. I love seeing sub $9 soybean predictions, maybe true but they don’t understand how bullish that is.
Only a few touting 3.20-3.50 but they were confident and loud. And certainly wouldn’t admit it now!
I think futures bottomed around 3.65, so I would call that very close to 3.50. Also by the amount of farmers that had USDA selling grain for them must have been plenty of sales below $4.
let go of some more of my long corn futures position
