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<blockquote data-quote="teslacoils" data-source="post: 7131482" data-attributes="member: 127792"><p>Markets should be driven by supply and demand. But once the majority of trade in a good is actually speculation, then the drivers become fear and greed. </p><p></p><p>Anyone but the USDA has known there will be less maize. Anyone but the UK forecasters has known there will be a low UK cereal crop. Weve known it for ages. </p><p></p><p>Why do developing covid cases matter? Look at the graphs. 90000 cases. One day. They are running at half a million a week. What it means is, that despite the best efforts here, the minute we think it's over it will all kick off again. </p><p></p><p>Fear. Greed. And the reality that stocks are tightening, and in the "wrong" place.</p></blockquote><p></p>
[QUOTE="teslacoils, post: 7131482, member: 127792"] Markets should be driven by supply and demand. But once the majority of trade in a good is actually speculation, then the drivers become fear and greed. Anyone but the USDA has known there will be less maize. Anyone but the UK forecasters has known there will be a low UK cereal crop. Weve known it for ages. Why do developing covid cases matter? Look at the graphs. 90000 cases. One day. They are running at half a million a week. What it means is, that despite the best efforts here, the minute we think it's over it will all kick off again. Fear. Greed. And the reality that stocks are tightening, and in the "wrong" place. [/QUOTE]
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