It is only obvious when one reads the tone and narative of masive crop damage before it can even credibly manifest... mixing months when absence of rain is basically irrelevant with months when dryness is potentially harmful without mentioning the massive improvements of irrigation in recent years.
All that based on anonymous reports from people representing most likely an insignificant fraction of growers, who are on top of that greatly invested in pumping price up.
Again sorry, but in that case, it is better not to be exposed to such information and rather stay focused on price action itself.
Regarding "Maja", I personally regret reading even a single word from that person, because it caused me great losses in past. Would be only good if he/she is banned here, because in my experience the information was mostly grossly misleading and deliberately manipulative.
I assume it is obvious that nobody here is capable to move the market a bit either direction. Most members here are probably just enthusiasts playing with the market in a very limited exposure.
There is no point in feeding ourselves with groundless speculations or even lies.
I know I was there too, cheering form some biased perspective.
It was futile and stupid.
I believe that current price is result of different bets made by various market makers.
They open their positions based on their needs and objectives with the information they have at the moment. It can be sometimes temporarily out of balance but they certainly do not lack of or inability to assess the information.
on January 25, 2021, 1:05 am, in reply to "
- Tango January 24, 2021, 5:32 pm