Formerly NE North Dakota, now NW MN | I suspect I'd you could investigate carrot rallies you'd find the composition of the buying interest to be random, variable and diverse. You'd have everything from farmers exiting hedges as plans change, HFTs that pickup headlines and autobuy with no context, panicked end users, list goes on.
In the end, "the invisible hand", abstract as it is, is the only concrete answer, imho.
On Agtrader, grinchy as he may try to act, every once and awhile he slips up and shows a bit of empathy. Even if he is solely responsible for placing a curse on soybeans that he says won't be lifted until he's reinstated to NAT. |
Alberta Farmer's question: Who orchestrates .....
