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Dumb move in summer
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eddie
Posted 9/28/2006 16:43 (#47420)
Subject: Dumb move in summer


I sold a lot of my corn priced out of the field for OCT delivery for $2.20 - 2.45. Thinking I was really smart avoiding the sub-$2 price that seems to plague the market between october and december, now I look like a fool. Not much of a way out of an elevator contract. I thought the bean market was extremely bearish, and their was plenty of corn until early next year? What is the deal?
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