{"id":26,"date":"2012-10-07T20:23:33","date_gmt":"2012-10-08T03:23:33","guid":{"rendered":"https:\/\/blogs.ubc.ca\/shimengz\/?p=26"},"modified":"2012-10-07T20:36:21","modified_gmt":"2012-10-08T03:36:21","slug":"roads-ahead-2","status":"publish","type":"post","link":"https:\/\/blogs.ubc.ca\/shimengz\/2012\/10\/07\/roads-ahead-2\/","title":{"rendered":"week 2: roads ahead"},"content":{"rendered":"

Actually this was writtien on Sept. 30 and somehow it was saved in the draft box\u00a0instead of being\u00a0published… Here we go…<\/strong><\/p>\n

<\/div>\n

I went short on Corn (C3H) this week, it went on as I predicted in the beginning days but on Friday price in one day increased by (719.50-748.25)\/748.25=3.842%, because of the release of annual stockpile data report.<\/p>\n

Domestic corn inventories totaled 988 million bushels as of Sept. 1, the lowest level in eight years, the Department of Agriculture said Friday in a closely watched quarterly grain-supplies report. Corn supplies were below the average analyst forecast of 1.126 billion bushels in a Dow Jones Newswires poll this week.<\/p>\n

There’s also an interesting trend about Euro to U.S. Dollar exchange rate:<\/p>\n

\"\"<\/p>\n

Which indicates demand for U.S. dollars would keep going up.\u00a0 Thus, prices of U.S.domestic commodities are supposed to rise.<\/p>\n

In the coming week, the first thing to do is to offset the short contract, because the price is most likely to continue running up.<\/p>\n

http:\/\/online.wsj.com\/article\/SB10000872396390443389604578024180178198160.html<\/p>\n

http:\/\/www.forecasts.org\/euro.htm<\/p>\n","protected":false},"excerpt":{"rendered":"

Actually this was writtien on Sept. 30 and somehow it was saved in the draft box\u00a0instead of being\u00a0published… Here we go… I went short on Corn (C3H) this week, it went on as I predicted in the beginning days but … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":14920,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-26","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blogs.ubc.ca\/shimengz\/wp-json\/wp\/v2\/posts\/26","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.ubc.ca\/shimengz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.ubc.ca\/shimengz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/shimengz\/wp-json\/wp\/v2\/users\/14920"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/shimengz\/wp-json\/wp\/v2\/comments?post=26"}],"version-history":[{"count":4,"href":"https:\/\/blogs.ubc.ca\/shimengz\/wp-json\/wp\/v2\/posts\/26\/revisions"}],"predecessor-version":[{"id":32,"href":"https:\/\/blogs.ubc.ca\/shimengz\/wp-json\/wp\/v2\/posts\/26\/revisions\/32"}],"wp:attachment":[{"href":"https:\/\/blogs.ubc.ca\/shimengz\/wp-json\/wp\/v2\/media?parent=26"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/shimengz\/wp-json\/wp\/v2\/categories?post=26"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/shimengz\/wp-json\/wp\/v2\/tags?post=26"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}