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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

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To: Ish who wrote (11744)	6/14/2007 7:45:23 AM
From: Patrick Slevin	Read Replies (1) of 12410

Corn was a Monster from September through February, but is no where near it's Feb Highs. Soybeans bottomed in October around 582 and are currently trading at contract highs of over 831. I forget what the point move in Corn is worth, but Soybeans are $50 per 1 cent move. So that's around a $2.50 move or $12,500 per contract. Other factors include that more Corn is replacing the planting of Beans, plus frost in Brazil.

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