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re: Cocoa Futures
Posted on 11/21/12 at 11:47 am to Tmacelroy12
Posted on 11/21/12 at 11:47 am to Tmacelroy12
My plan is more of a long term goal in that I'm betting that in the next 5 years there will be a chocolate shortage. The cost of chocolate would go up and the cost of doing business for ADM would increase substantially. In other words I would go long on chocolate futures betting the cost will increase due to the cocoa shortage and short the chocolate companies for the same reasons.
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