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DewDiligence

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DewDiligence

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Re: DewDiligence post# 2464

Tuesday, 04/05/2011 1:16:05 AM

Tuesday, April 05, 2011 1:16:05 AM

Post# of 30493
It didn’t take long!

Corn for May delivery matched the June 2008 all-time high of $7.65 a bushel and set a new record settlement price of $7.6025 a bushel at the Chicago Board of Trade. The previous highs were set in June 2008 during a broad-based surge in commodity prices that was quickly undercut by the global financial crisis.

http://online.wsj.com/article/SB10001424052748703806304576242731291184872.htm

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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