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New “femo” = ai stock frenzy!

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  • AgrivilleAdmin
    Administrator
    • Feb 2011
    • 996

    New “femo” = ai stock frenzy!

    The new acronym on Wall Street is not “FOMO”, its “FEMO” - Fabulous Earnings Momentum. DELL this week crushed their earnings and revenue guidance sending the stock up 40%! Micron's valuation went from 500 billion to 1 trillion in 48 days!

    U.S. Corn Belt drought expanding need timely rains in June.

    Rumors this week that China was lowering U.S, ag tariffs and wanting to buy U.S. corn?

    Flood could damage crops in China like corn and wheat.

    U.S./Iran 60-day truce = lower crude oil futures by end of June.

    U.S. urea futures down 28%.

    Soy oil and canola futures technically breaking out
    + CFTC.

    Moe had some mic issues; you can watch the video here, or click through to youtube and turn on cc subtitles.



  • agstar77
    Senior Member
    • Jul 2001
    • 6227

    #2
    Brazil corn in trouble ,drought.

    Comment

    • furrowtickler
      Senior Member
      • Dec 2004
      • 21956

      #3
      It’s May 30 tomorrow, probably only 70% of the canola in the ground in western Canada

      Comment

      • Old Cowzilla
        Senior Member
        • Nov 2020
        • 1579

        #4
        Ya but that 70% canola was enhanced with extra high valued fert so the average will be well into the 50"s bu for yield I sure some news reporter will come up with that logic .

        Comment

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