| Hi Joe,
This may help...a little
Everything is cyclical...weather...and including the markets... Don't try and pin point a single cause to market action...we are in a global market...all things together including politics are effecting the markets. The US Currency has a big part in it...if it continues up in the years a head...you can expect commodity prices to decline...The Ag's do have their seasonal plays as well as the weather plays that will increase demand...hopefully not to the extent of a famine. All markets go down faster than they go up...probably human nature...a panic thing...The futures are a two way street...for every seller...you have a buyer... The market doesn't have to have sellers for price to go down...when you don't have a bid they will lower price until they find a buyer... Study your charts...they can show you where you can place your hedges if you are able to. Know this...it can get worse...and likely will.
There is a good chance that we can rise through 2019 and possibly 2020. Getting over 9 on the Nov. 18 beans and 3.88 on the Dec 18 corn will be tough without demand...maybe a weather play will do it.
Once you figure out which way the market is moving...that is half the battle.
Spike
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