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Is there a way to make money out of this crisis? Say buying corn future or even fertilizer future? I don’t understand derivatives and future market very well bu
by mercy_dude 5y ago
Is there a way to make money out of this crisis? Say buying corn future or even fertilizer future? I don’t understand derivatives and future market very well but simply buying fertilizer company stocks do not sound like a good idea since most investors look earning (EPS) and projected guidance which with increased price hike do not look promising.
- ramchip 5y agoBy the time it's widely reported on by Reuters, it's a bit late to buy futures :) https://www.reuters.com/article/sponsored/fertilizer-prices-grow https://www.reuters.com/article/sponsored/fertilizer-prices-... > Prices are rising so quickly that, by early October fertilizer futures at CME Group were witnessing prices hit and exceed pre-financial crisis 2008 levels.