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5/11/12: Not much need for grain news today. All one really needs to know is that commodities have fallen out of favor with investors and other speculative traders over the past few weeks, and money is fleeing the trading pits/servers. JP Morgan reported yesterday that they were facing a $2 billion dollar trading loss on credit default swaps, and there are rumors now that the loss could be as high as $5 billion. Another large commodity fund closed out their positions yesterday, as the fund had lost 13% of its value to date this year. These entities control vast sums of capital that create quit...
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