Corn Trading: How to Make a Fortune During a Drought

Global warming. Everywhere you turn you hear about global warming. Truth be told, global warming is a shift in the worlds temperatures. Global warming does not only mean excess of heat, but also excessive cold and storms. The futures market, especially corn is 100% driven by supply and demand. Common sense tells us when there is more demand than supply prices will go up. The corn we trade is not the sweet corn you eat at the barbecue, but the corn that used used for ethanol, animal feed and other industry type uses. The USA is the largest provider of the world’s supply of corn and grows around twelve billion bushels per year. The U.S. plants it’s crops in the spring, usually April through May and the farmers start harvesting it after Labor day. The busiest months for harvest time is late October and early November. Illinois, Iowa and Nebraska are the three largest corn growing states. In this book we will focus on the times when a drought is hitting during the summer and we are expecting a rise in price at some time in the future. If you are a grain commodity trader, or a futures trading looking for a different perspective, then this book is for you.