gAgWeb published the article “Plan for a Black Swan“ by Chip Flory yesterday.
The article discusses the Black Swan event in grain markets that could be ahead of us
. While supply and demand balance sheets can influence the degree to which Black Swan events can impact pricing, it is clear the increased supply has drained volatility from the grain markets and a Black Swan event is possible for next year. The article suggests out-of-the-money call options as a strategy in a possible rally.
It’s worth a read.