Ole HansenOle Hansen , Head of Commodity Strategy, Saxo Bank
Denmark, 18 October 2012 at 06:35 GMT+0
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Grain ratios update: grain markets have stabilized following the WASDE induced spike in corn recently. New crop price relation between Soybean and corn has reached support towards ratio 2. Corn for DEC13 is trading cheaper relatively to DEC13 Wheat resulting in a much reduced ratio for next years crop. Please see attached.

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Saxo Bank provides an execution-only service. The material on this website does not contain (and should not be construed as containing) investment advice or an investment recommendation, or a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. Saxo Bank accepts no responsibility for any use that may be made of these comments and for any consequences that result.

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