Bayer VR Pricing - Page 3 - The Combine Forum
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post #21 of 24 (permalink) Old 08-13-2019, 10:49 AM
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Originally Posted by torriem View Post
Hmm, what a strange conspiracy theory. I've heard some good ones in my time. I'll have to remember this one.

We've been over this one before. If not for the futures market, what other mechanism for future delivery price discovery would you propose?
Nothing wrong with the futures market at all, it's the government pulling the strings with phony USDA reports to control the direction of it.

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post #22 of 24 (permalink) Old 08-13-2019, 10:50 AM
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Indigo ag projecting a 12 billion bushel corn crop, 155 bpa yield and a short 80 million acres, shortest crop since 2012. I've said before the USDA does not want another run away market like they had in 2012 and they're going to try to stop it. They kicked the can to January where they can produce a significantly reduced number and show planting intentions for 2020 really high and control the market yet.
That's even lower than the on accuweather put together ahead of the USDA report.


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post #23 of 24 (permalink) Old 08-13-2019, 11:05 AM Thread Starter
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post #24 of 24 (permalink) Old 08-13-2019, 01:17 PM
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I think he is saying the futures market should be supply and demand driven but instead are manipulated by false numbers provided by the USDA.
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