Posted 11/11/2012 17:07 (#2691300 - in reply to #2691004) Subject: Re: You have 3 options
onida, south dakota
if the corn crop is only 9 billion bushels it isn't trading like it..........too many ethanol plants and feed operations still running too.............if it is actually that tight things should get very wild............
i think with the decrease we have had in volatility it might make more sense to play corn long via options instead of futures........if it is going substaintly higher you could really get a big bang for your buck with out of the money options .........but i don't see the crop under 10 billion moreless 9 billion..........nor do i see the super strong demand.............i see some small good signs of demand here and there...............but not enough to get super bullish ...........lots of potential remain for the grains............but in my opinion we need headline stories for the funds to get involved with AND solid demand.............you can find lots of negative demand arguements