Some days ago, I proposed a statistical arbitrage strategy to play the what/corn spread. I raised the issue when the spread stood at USD100 and at the peak of USD130. Today it stands at little over USD50. A nice point to unwind both positions (long corn/short wheat). We see that this kind of spread betting offers more safety than pure directional betting.
Though pressure prices is relieved, I am very concerned with the situation as reported by
ZH. The incidents related to dough are alarming. I think this is the least thing we needed. And our youngsters are exclusively focused on kissing vampires are that kind of crap.
God has mercy on us sinners
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