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NW IN | Agreed. You and I have the same backyard. 2015 sucked. 2017 is starting to suck. But the market is a lot of participants and right now, Mr. Market says "Show me the money!!!". It's buying time. It knows we have 2.3 billion bushels of carryover, and it is shrugging it's shoulders about cool and wet. Maybe it changes that mindset, but I believe that takes time to unfold, just as the 1993 chart showed above...that took till post harvest to tell the whole story.
The beauty of the futures market? I can make money being a bull or a bear. | |
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