Not that I don't like, I do--but it's increasingly volatile so my positions need to be smaller. So just tiny positions long MGEX vs KC and long July MGEX versus September new crop. I was concerned that the big increase in July MGEX value was due to a very localized shortage of spring wheat deliverable against the Minneapolis contract, but with 14% protein KC wheat trading at similar numbers, it looks more like a protein issue than a location and futures issue. Tomorrow's release of deliverable stocks in Duluth will still be worth watching.
Haven't posted for a couple days due to a computer glitch.
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