Guest Post by Unshadowed
USDA just dropped its latest corn numbers, and prices fell right away. Questions (and anger) from farmers and analysts rose just as quickly.
In this report, Christian breaks down the new numbers, the reaction, and why this is similar to the systematic price suppression of oil this year — delaying real price discovery and setting up a harder landing.
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[ H/T The Burning Platform ]
USDA just dropped its latest corn numbers, and prices fell right away. Questions (and anger) from farmers and analysts rose just as quickly.
In this report, Christian breaks down the new numbers, the reaction, and why this is similar to the systematic price suppression of oil this year — delaying real price discovery and setting up a harder landing.
Tweet
Continue reading...
[ H/T The Burning Platform ]
