[mrlala]

>Speculation on futures seems dumb if you have no intention of taking delivery

What? How is it any more dumb than speculating and buying a stock hoping it will go up?

Speculation in futures is what gives those farmers liquidity in the markets.

Futures is a zero-sum game.. so in my world futures make way more sense to trade than everything throwing money into stocks to magically make money out of thin air until they don't.