Recent content by tns4774

More of a hedge mechanism for smaller producers. Not all farmers want to take 5k bushel shots at the market and the minis come in handy for them.

Stocks were historically tight coming into this harvest, which is pushing its way toward completion (winter wheat). THe USDA actually upped 07/08 ending stocks on their July report, coming up to 306 million bushels vs. 254 mil on the June report. The 08/09 ending stocks projection of 537...

I would be very careful when comparing the wheat situation this year to last year-completely different situation. You have to understand wheat is the one crop that can be grown pretty much anywhere around the world-allowing us to cure a tight stocks situation in one year, which is exactly what...

Some will crash and burn, but it will be weather related or very poor risk management. Producers have had every opporutnity in the world to protect excellent profits through insurance and all of the available marketing and risk management tools. Even with inputs rising like they have, record...

Most of the investors looking at the big land deals will be after a 7-8% return, which is readily available (still) in many areas.

Sent you a PM.

NEW YORK, Mar 17, 2008 -- MF Global Ltd., a leading broker of exchange-traded futures and options, issues the following statement in connection with today’s market activity: MF Global understands the significant concerns across the markets. Our clients continue to show strong support. We...

One of the best all-time movie quotes... "Think big, think positive, never show any sign of weakness. Always go for the throat. Buy low, sell high. Fear? That's the other guy's problem. Nothing you have ever experienced will prepare you for the absolute carnage you are about to witness. Super...

It is common practice not to pay interest. You can still use T-bills, although I haven't dealt with it for a while. Years ago you could use 90% for margin requirements. Might have been some changes, I can check for you if your broker can't answer your questions.

Limits will still be $1.35 Thursday.

If you're that bullish, buy futures and buy a cheaper put in one of the closer months to protect in case something goes haywire. If you're right in the long run and we continue to scream higher, 10 or 20 cents in option premium to hedge your futures position will be miniscule.

New crop KC and Chi wheat is July (N). Minneapolis is September (U). New crop soybeans is November (X) and new crop corn is December (Z).

The pit was never down, just GLOBEX.

More computer issues, go to the pit if you need to get somethign done.

If you have been following the grains for the past few weeks, you know those weren't "huge" gaps by any means...