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South Central Iowa | Commercial Length is a bullish thing. They typically near neutral, or even net long at the onset of significant rallies. Look at Sept 2006, August 2010, January 2012, and February 2016.
It's highly unlikely we take out the low from a month ago without going significantly higher. I suggest you stop thinking of ways the market can collapse and harm agriculture and go enjoy life. I know you want it to because of the voting habits (necessities) of farmers, so don't think you can hide as objectively "wondering".
Oh, and drop the, farmers can show their displeasure by voting out all rural Republicans if the EPA doesn't do "x" with ethanol before November. That is so asininely stupid that you think you a making a clever little trick. Just stop, it looks retarded. | |
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