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SC Iowa | if you do not think there is risk premium in the market, watch the market reaction on the morning after the event
back in 1992 or so, we watched a freeze event come much farther south in W/SW Iowa than was expected
market reaction: down 22 cents on beans
same thing happened the next night
market reaction: down another 20 cents
be careful thinking "they" are not paying attention | |
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So riddle me this
