Latest models show Dennis giving the dry areas of the Midwest a serious soaker. W/O Dennis, beans were on their way to $9.00 and corn to $3.25. With Dennis, beans are headed to the low 6's and corn back to the $2.20's.
Is gonna go down, 550 before the end of august...when the risk premium will be out of prices ...I'm short su5 (45 contracts) with an average price of 732, to hedge my @ssI bought 15 calls 820 su5 for 16 each. We'll see .......
out @ 563 ....$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
Grains are great to trade. The industry as seen here, and promoted gets new traders into eminsi, forex bucket shops, etc. Real markets with real mega oportunities, but often little daily action, are fogotten. Congrats on the trade.