DISCLAIMER: THERE IS A POSSIBILITY THAT I COULD BE WRONG.

Minneapolis Grain Exchange seats are cheap. Everyone should buy one...and then buy one for a friend.

Wednesday, March 2, 2011

Down Day for Corn

While trying to pick the top in corn seems like a crazy way to try to make a buck, I added to small winning positions in oats vs corn and CBOT wheat vs corn.

Cash soft wheat is less than 5% premium to corn and cattle don't get to eat bagels very often. As I understand it, oats at less than 55% of corn are economic to feed to almost any livestock, so I think it may be a combination of bagels and porridge for the cattle and swine instead of Fritos and Cap'n Crunch.

No comments:

Post a Comment