Educations are expensive for sure...
Socrates is forecasting a cost push inflation on the grains. Has to do with the solar minimum we are in right now. Global cooling...haha. Actually we are going into a mini ice age.
I don't know if you Texas hedge your clients but Socrates is amazingly accurate and I wouldn't want to bet against it. Could last a few years.
It's getting crazy, to the point I can see some MF Global problems possibly popping up and I don't want any part of that again. Who do you clear with?
Chart is five and ten year historical and seasonal averages...Crazy