Chapter 8. The advanced futures trading course (or how to analyze the markets technically)
If you work for the global commodity trading firm Cargill and have access to timely, accurate (and no doubt expensive) fundamental information, while this might not be all you need, the odds are it's better than what the rest of us are getting. It is Nestlé's business to know how the cocoa crop in the Ivory Coast is developing. Although you might read a brokerage house report that discusses the “witch's tail disease” and its potential to devastate the crop, Nestlé has its man in the Ivory Coast, with another in Brazil for that matter, walking the fields. Nestlé and Hershey both have a better feel for just how good or bad the crops are than you'll ever have ...
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