Posted by lfure on February 15, 2015 at 16:08:33 from (68.169.254.14):
In Reply to: Ag talk ??? posted by Bruce from Can. on February 15, 2015 at 14:16:36:
One thing to remember is to never trade in a commodity your not familiar with. I know a guy who bought a sugar contract and didn't sell the contract before it matured. He had to take possession of a lot of sugar he just purchased. He had to scramble around finding a buyer for his sugar. He got rid of it all and broke even on the whole thing. But on the other hand he did buy a new tractor with proceeds from some pork belly contracts he traded in. My point is if you know what drives the price of any commodity that is what you should trade in.
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