Apr. 22 at 3:05 PM
$CORN is slowly bleeding up and nobody seems to be noticing. you will wake up to 25 a share one day this year and wonder how it got there. The setup is simple.
The Strait closure has bottlenecked fertilizer supply across the board. Corn is nitrogen heavy and requires lots of fertilizer to grow. Many farmers see the writing on the wall and are switching their acreages to soybeans, which will even further choke out the corn supply.
To many of you going, ”So what?” Corn is the literal lifeblood of the food industry. It’s in everything you eat. And everything you eat also eats it. There are dozens of industrial applications. Oils, lubricants, dyes, fuels, additives. Once the rest of the market catches on to this, you’re going tk have a lot of fish trying to get into a very small pond. The ETF only has about 12.8 million shares. I see explosive price action toward the end of this year into next year. Potential surpassing ATH.
$USO $SLV $GLD $SPY
