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I was wrong on c orn--kinda
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redoak
Posted 9/17/2010 21:08 (#1363555)
Subject: I was wrong on c orn--kinda


sw ontario
--never thought CBOT could run this high , but unless you just trade futures it isn't all gains--our basis last fall was +.40-to-day -.80 ................still don't think rally is driven completely by "short" crop --spec driven and very dangerous spot too be...as net corn buyer we are covered until aug. 2011 so we will sit on sidelines for time being ---in 2008 when things went nuts in july we sold nov. corn each time we had too buy cash
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