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| Didn’t trump just give a speech saying the stock market will double in a short amount of time?
Managed money already loaded long, seems like they will just unwind from here, I mean why go long grains when trump just said stock market going to double?. There’s no bullish story. There’s no massive govt stimulus for inflation. Interest rates are high. Global supply? More like global glut. And the La Niña hitting South America and maybe USA narrative is fading fast
The only thing beans have going for them is Scott Bessent saying he wouldn’t hedge (but that was based on the La Niña narrative)
I’m afraid this year will be worse than last year and the sheer amount of govt stimulus heading towards farmers only seems to confirm that
But yea I’d like to see beans go up but without gapping because most gaps always get filled | |
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Beans
