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Southeast Colorado | I had meant to ask this same question about the initial limit. I had figured it would probably first go down 40 cents. Well now we've accomplished that. So which direction do you think the 60 cent expanded limit will be? I still vote down. Even though I'm ultimately bullish this market. Higher limits benefit traders more than farmers...............and therefore, they probably make most of their money betting against the producers. By and large producers don't short the market much. That is the basis of my reasoning. | |
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Now that the new corn limit has been hit.........which direction will the first expanded limit go?
