This is probably a one-off as I don't know if Izzy and Leon have ever discussed contractual terms (or anything else for that matter). First up, Ms Kaminska on commodities with an especial emphasis on forecasting and storage:
An Old-school Discussion of Commodity Storage and Financialization
Explaining the commodity warehouse trade with scripture
This is Joseph. He is a well known commodity forecaster.
This is Pharaoh:
Pharaoh is worried about future scarcity of commodities because he’s been listening to Joseph’s scary dream-based forecasts....so much more
This is despite the fact that there is a helluva lot of wheat around today....MORE
And Mr. Cooperman at Yahoo Finance, January 6:
....The hedge funder, referring to Genesis 41,
added: “I felt like a Pharaoh, the Pharaoh had a dream, the dream was
interpreted by Joseph, and the dream was we’re going to have seven lean
years following seven fat years. So I think anybody looking for a new
bull market any time soon is looking the wrong way.”....
And here is Izabella's latest at The Blind Spot, January 9:
And yesterday's weekly wrap:
