As the grain markets drift sideways ahead the USDA’s Planting Intentions and Quarterly Stocks reports, Cornbelt Marketing market analyst Larry Clay is advising farmers to do some market planning and lock in a floor under theses grains. “I think always the cautionary tale for producers has to be the funds have a long position that once liquidated, it won’t make a difference what the numbers are if they decide to exit. That has to be something to note in the back of your mind,” says Clay. “The funds are the bull in the China shop In fact, they are the China shop.”
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