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 30, 2011

A Little Less Baggage Going into the Report

I took advantage of the rise in the July MGEX premium to CBOT up to 1.33 to reduce my exposure going into tomorrow's USDA report. I still have more than half of the position, and I also have a little more flexibility.
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