wanton dwarf
Member
Most farmers must have also noticed the lie in the markets.
About 5 years ago when we had large increases in prices as the Wheat market was manipulated there was a disparity between what the grain commodity market said Wheat should sell at and the price being offered by the mills & grain traders.
There is no direct connection between financial markets & the real world - yet you are expected to accept the prices being quoted & future prices - despite the fact fraud has been committed in markets, for example the Libor bank base rate.
About 5 years ago when we had large increases in prices as the Wheat market was manipulated there was a disparity between what the grain commodity market said Wheat should sell at and the price being offered by the mills & grain traders.
There is no direct connection between financial markets & the real world - yet you are expected to accept the prices being quoted & future prices - despite the fact fraud has been committed in markets, for example the Libor bank base rate.