Posted 6/30/2020 08:14 (#8344830 - in reply to #8344800) Subject: RE: Somethings up
northern edge of north central Missouri
It’s obvious that government is quite interested in the price of commodities. It’s obvious government reports have a great deal of influence on the markets. It’s obvious to me that government does whatever is necessary (report wise) to keep prices from going too high.
While I tend to agree with you that they may not want commodity prices to go too low but I’m not as confident about that part but......it’s an election year and that matters.
Of course they could just do business as usual and put out bearish numbers but it is really odd to have a rally of this size right before a report.