Nothing has radicalized me more than paying quarterly taxes, then going on X to see where my money is going
We fought revolutions for much less than we are currently subjected to
@traderchicago7 I thought we “separated from the oil market” a month ago when oil went up and corn stayed the same. Now that oil goes down they are linked again? BS
@GrainStats You’re right..we’ve never hedged, just stored it all. Our neighbor hedged this year but some of it was for 4.10 so who’s right depends on the year imo. Honest question..do markets care more about hedging future production or selling old crop?
@GrainsGorilla Not when it forms a crust and the crops can’t get through and the water stands and/or runs off. Or the 70mph wind that came with it. But a trader wouldn’t know that so just keep hammering that price down for the farmers who actually do work instead of trading paper on a computer
@GrainStats Makes sense when you put it like that. Just frustrating from the producer side when it seems like good news is an escalator up and bad news is the elevator down