• 6 minutes Trump vs. MbS
  • 11 minutes Can the World Survive without Saudi Oil?
  • 15 minutes WTI @ $75.75, headed for $64 - 67
  • 8 hours Satellite Moons to Replace Streetlamps?!
  • 1 day US top CEO's are spending their own money on the midterm elections
  • 2 hours EU to Splash Billions on Battery Factories
  • 6 hours U.S. Shale Oil Debt: Deep the Denial
  • 14 hours The Balkans Are Coming Apart at the Seams Again
  • 1 day OPEC Is Struggling To Deliver On Increased Output Pledge
  • 1 hour The Dirt on Clean Electric Cars
  • 16 mins Owning stocks long-term low risk?
  • 1 day Uber IPO Proposals Value Company at $120 Billion
  • 15 hours 47 Oil & Gas Projects Expected to Start in SE Asia between 2018 & 2025
  • 1 day A $2 Trillion Saudi Aramco IPO Keeps Getting Less Realistic
  • 1 day 10 Incredible Facts about U.S. LNG
  • 1 day U.N. About Climate Change: World Must Take 'Unprecedented' Steps To Avert Worst Effects
Alt Text

How Long Will The Lithium Rush Last?

As the race to secure…

Alt Text

Peak Lithium Won’t Happen Anytime Soon

Peak lithium is not happening…

Mad Hedge Fund Trader

Mad Hedge Fund Trader

John Thomas, The Mad Hedge Fund Trader is one of today's most successful Hedge Fund Managers and a 40 year veteran of the financial markets.…

More Info

Trending Discussions

Grains See the Light at the End of the Tunnel

I am a huge long term bull on the grains, but abandoned my trading call in January when the USDA published a spectacularly bullish forecast for most crops for 2010.

Not only were plantings up, so were yields per bushel. Since then, the ags have been in a world of hurt, plumbing new contract lows, as their contracts wandered aimlessly in the wilderness.

I now see the light at the end of the tunnel.

Heavy rain in western Canada has seriously crippled that countries wheat crop, while a once in 25 year locust plague threatens draught ridden Australia's crop.

Oats have put in some interesting technical action lately. Now corn is showing some bottoming moves too, no doubt assisted by China's recent 1 million tonne purchase to cope with scant rainfall in the western part of their country.

Corn price

It also looks like the mindless diversion of one third of the US corn crop for fermentation into ethanol for fuel is going to continue for the foreseeable future.

Aiding investors this time around is the launch last week of the Teucrium Agricultural Trust Corn Fund (CORN), the first ever dedicated corn ETF, which will no doubt bring in some new buying on its own.

Corn Fund

No more hassle with opening futures accounts or dealing with an obnoxious CFTC. Exchange traded funds for the wheat and soybeans are expected to follow.

By going long corn, you effectively own a rising standard of living in the emerging markets, as well as fresh water shortages, famine, and bad weather in grain producing countries. Sounds like a "buy" to me.

Article courtesy of: The Mad Hedge Fund Trader


x


Back to homepage

Trending Discussions


Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News