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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?

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