| CORN Alert: The spread between the China corn and US corn prices has widened. The tightening supplies in China will not go away as the population explosion continues. The economy of China is growing and their citizen's hunger for more exotic food and Western lifestyles. Course grain is the most basic food, veg oil is the next step up, and as the China family's income grows, red meat demand grows. Instead of one chicken per month per family, now they eat one chicken per week! In many of my past alerts, wheat, beans, and corn, Index Long Funds have mounted a massive long position. Recent all-time-highs in corn index funds 522501, beans 193023, wheat 262258, totaling 977782 contract longs. In this last acres report phase; these long contracts have made $2.5 trillion total! For every long there is a short and that is why it is important to "FOLLOW THE FLOW OF THE MONEY!" |
