Agriculture Summary
June 27, 2012
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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