plove
Hired Hand
Posts: 227
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Post by plove on Oct 11, 2011 16:38:05 GMT -5
Article in 10/11 Financial Times
Cargill losing their ass in grain speculation.
Zionist HF Traders loot the company.
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Post by Dave-ECIA on Oct 20, 2011 20:34:58 GMT -5
That makes sense now.... we have sold grain to one of their river terminals, not this year. Their grain bids are typically .05-.07 lower on corn and .10-.12 on beans.
Guess they are trying to make it back on the front end.
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plove
Hired Hand
Posts: 227
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Post by plove on Oct 20, 2011 20:58:30 GMT -5
Hi Dave ... last year, Cargill's grain trading desk was the most profitable division in the company.
This year, kaput. What changed?
My guess is that food is no longer computed by supply/demand equation.
Prices are set in Wall Street backrooms by HF traders ... grains trading more like golf and silver and oil.
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Post by Dave-ECIA on Oct 21, 2011 15:25:51 GMT -5
And in a way, I'm ok with that. If I know the rules, its easy to play the game.
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