07 February 2011

Corn : Near Vertical Rise

  • This has risen in a near vertical manner from around 420 6 months ago. Currently CH1 trades at 678.50.
  • Have taken profit on 1/3 of position at 680 this morning.
  • Will take profit on another 1/3 between 700-720.
  • Let balance run.

2 comments:

Taichiseal said...

http://www.zerohedge.com/article/corn-prices-soar-chinese-imports-increase-ninefold-compared-official-projections

Taichiseal said...

Paid 668 post china rate hike.