Call me nuts--why I bought some CORN call options today....
1. The great California drought will raise needs for replacement feed for cattle, including corn.
2. reports that the crops in South America (esp, Argentina) may be in trouble because of heat and drought, at least in some areas. Also Australian & South African crops. Would omapct corn as well as beans.
3. Winter wheat crop in trouble, will help corn also.
4. JUST SO DANG CHEAP---$30! Think we get to mid $30s soon.
do not discount the polar vortex.
Cal. cattle headed to TX to eat the winter wheat kill
Northeast and Midwest fat cattle need to be fed as it is too cold to ship them
short term good odds for a bet
when will spring come this year?