The history of commodity and financial markets during the past 45 years suggests that complacency just might be the speculator/investor’s worst enemy, and today there are a number of both bullish and bearish factors to consider.There is an old adage that bulls make money and bears make money, but hogs get slaughtered. Its point is to warn traders against falling so much in love with their positions that they become too greedy and overstay them. To put it another way, one can never go broke by taking a profit, but one can go broke by becoming too complacent and ignoring the inevitable changes to those factors that supported the original decision to go long or short. The history of commodity and financial markets during the past 45 years sugg...

TAGS – Feed Grains, Soy & Oilseeds, Wheat, Livestock, Biofuels, Energy, North America