I will not disagree with you Tara but to be devil's advocate there are by your figures (600,000 contracts) 3 billion bushels betting against you. That surely cant be right......600,000 contracts x 5,000 is mmmmmm........ 3,000,000,000 bushels. Maybe too many zero's?

At any rate my point is that there are quite a few bushels taking the other side of that bet. But you are absolutely right, if the report comes in much more bearish than expected (and who really knows what is "expected"), Katy bar the door.

On the other hand where else are they going to park their money? Not a lot of good options out there.

John