Skip to content

Corn Futures

July 20, 2012
tags:

Spreads on the corn futures acted oddly yesterday afternoon, and the Teucrium corn fund (CORN)  fell sharply, so I increased my position by 50% @ 48.73.   Are the large moves done?  I have no idea.  Weather continues to be the chief factor affecting price, and if the weather doesn’t improve soon, prices might move up some more.  I’m letting the position ride and may increase it again if profit-taking offers opportunities while the full extent of the crop damage remains uncertain.

No comments yet

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.