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Agriculture Summary

June 27, 2012
tags: ,

Tripled my position in CORN today @ 42.48 and added to CF Industries (CF) @ 190.25.  So this is where my Agriculture holdings now stand:

Crop Futures Positions:

CORN .83%

DBA  .35%

JJG  .35%

Fertilizer Positions (Nitrogen):

CF 2.20%

RNF 1.52%

Food Ingredients:

TATYY  .26%

WLMIF  .25%

Corn has been in a bear market since September, so upward potential is significant – if prices have indeed put in a bottom and don’t resume downward fall.  I expect some short-term volatility.

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