Posted 8/30/2010 20:43 (#1339341 - in reply to #1339233) Subject: Re: 700 Million $$$$$$
Red River Valley
4 bb x 16.5 cents carry ( avg for the dec-Mar spread last 4 yrs.) plus comm. would equal about .18 = roughly 700,000,000.00
It's the joy's of being long in a carry market if you had went long on Aug 07 when this run up in corn really started until today in a Index fund you would have lost money.
700 Million $$$$$$
