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To: Mercat
Indeed. However, being a trader doesn't imply for a moment that one must necessarily trade all the markets. As it happens, I've a position on in corn, but it's a long-term one, a diagonal spread in the Z over U calls. It's looking quite good just now.

BTW, the USDA planting figures as of last week show that in 14 of the 18 leading corn-growing states, planting is well over average, emergence is ahead of schedule, and the good-to-excellent percentage is better than it's been in years.

But, the immediate concern is wheat. With moisture (for once) not a problem, a good drying weather pattern could easily tank the front-month 30-40 cents in a week's time.

Hence the request...

;^)

3 posted on 06/03/2007 1:37:51 PM PDT by SAJ (debunking myths about markets and prices on FR since 2001)
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To: SAJ
I always go here for my Okie weather info needs... and with Oklahoma having the #1 meterology school in the world (that's not bragging - it is fact), I find it to be the best resource on the web of it's kind. There's even an "ag models" section that you might find helpful for your purposes. Sorry but I've no such resource cached for Kansas.
4 posted on 06/03/2007 1:51:37 PM PDT by YankeeinOkieville (Clinton will be recorded in history as the only President to do Hanky-Panky between the Bushes.)
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