reserv of crop in the World

“The world reserve of agricultural commodities (crops) in period 2011-2012 is enough to meet and satisfy all demands of the world” – said an expert of UN Abdolreza Abbassian. He estimated reserve of this period for crops (506,6 million tonnes)

This year was plentiful for wheat in almost all countries that export this commodity. A sometime needed to export all wheat, so, I expect that the price for wheat will be stable or decrease through this month (but not increase) and in the end of this year the price will start to increase. Since wheat and corn substitute each other the price for both commodities will change in the same manner .

I don`t know whether my strategy is successful or not because I am not trading too often as you guys are doing. However, I do gain profits from time to time. Now my strategy is taking short position for wheat and corn.

Leave a Reply

Your email address will not be published. Required fields are marked *