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Archer-Daniels-Midland Company Message Board

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  • grainbelt27587 grainbelt27587 Jan 8, 2010 11:44 AM Flag

    question on trading grains:

    I'm with you on that analysis. Short-term trading is for the pros.. and I mean you better have soil-moisture-sensing satellite data and staff meteorologists.. and daily info from hundreds of country elevators.
    Long term, macro view, as long as petroleum is dollar-denominated, and diesel tractors and trucks work the grain fields, and nat gas-based ammonia fertilzes the soil, grains are going up with oil as the dollar goes down.
    Some years, ADM has made more money on trading than on processing operations.

 
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