iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,474 Blog Posts

The Big Stupid Corn Trade is Over

TITN is getting poleaxed because corn has been eliminated from the American diet, thanks to the catastrophic weather patterns this summer. The time to be long ag, based upon expensive corn prices, is over. Now we have to deal with the after-effects, which is onerous to the ag industry. The illusion, for lack of a better word, is finished. It’s time for reality to set in.

However, as one illusion dissipates, another emerges.

The protein trade is alive and well. My favorites are PPC, SAFM and SFD. The headline risk of surging corn is behind us. Now we can transfix on Thanksgiving and the fat, gluttonous nature of this country.

PPC for the win, fuckers.

The market is weak, but nothing too hysterical. Until there is some news for the bears to chew on, expect markets to grind higher.

Top picks: PPC, CVO, TC, VHC

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18 comments

  1. acehood

    Being fat used to be top hat, for both men and women. A sign of wealth. #rozay #christie

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    • Dirk Diggler

      That’s just what fat people say.

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      • Mr. Cain Thaler

        In the Chicago Field Museum there’s a brass sculpture exhibiting three fat ladies dancing erotically. I will never forget it.

        One could say it is burned into my imagination.

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  2. Cascadian

    Fat people rule. They are strong for one thing.

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  3. Jakegint

    The Corn trade is merely taking a respite here to allow for the coming October Candy Corn trade.

    _______

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  4. Mr. President

    Speed bag.

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  5. JTU

    Most materials stocks are higher again today.
    Locked in profits on MCP.
    Raising more cash.

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  6. l.k.w.

    Fly: Do you think the stupid vaccine trade will treat the pharm longs the same?? I mean what’s protein minus disease control?

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  7. JTU

    Sold my CVO.
    Raising some more cash!

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  8. l.k.w.

    The vaccine-trade launch timestamped to 1998. Pendulums would say, it’s about time for a market correction.

    Varicella vaccines
    WHO August 1998 Position Paper
    The World Health Organization (WHO) through its global programme for vaccines and immunization (GPV) already offers information and recommendations on the vaccines represented in the Expanded Programme on Immunization. According to its global mandate, GPV is now assuming an extended normative role in this field, and will issue a series of regularly updated position papers on other vaccines and vaccine combinations against diseases that have an international public health impact. These position papers are concerned primarily with the use of vaccines in large-scale immunization programmes. Limited vaccination for individual protection, as executed mostly in the private sector, may be a valuable supplement to the national programmes, but is not emphasized in this policy document. The position papers summarize essential background information on the respective diseases and vaccines, and conclude with the current WHO position concerning their use in the global context. The papers have been reviewed by a number of experts inside and outside WHO, and are designed for use mainly by national public health officials and immunization programme managers.

    However, the position papers may also be of interest to international funding agencies, the vaccine manufacturing industry,

    the medical community and the scientific media.
    Summary and conclusion
    Varicella (chickenpox) is an acute, highly contagious viral disease with worldwide distribution. While mostly a mild disorder in childhood, varicella tends to be more severe in adults. It may be fatal, especially in neonates and in immunocompromised persons. Varicella-zoster virus (VZV), the causative agent, shows little genetic variation and has no animal reservoir. Following infection, the virus remains latent in neural ganglia, and upon subsequent reactivation VZV may cause zoster (shingles), a disease mainly affecting the elderly and immunocompromised persons. Although individual cases may be prevented or modified by varicella-zoster immune globulin or treated with antiviral drugs, control of varicella can be achieved only by widespread vaccination.

    * Routine childhood immunization against varicella may be considered in countries where this disease is a relatively important public health and socioeconomic problem, where the vaccine is affordable, and where high (85%-90%) and sustained vaccine coverage can be achieved. (Childhood immunization with lower coverage could theoretically shift the epidemiology of the disease and increase the number of severe cases inolder children and adults.)
    http://www.who.int/immunization/wer7332varicella_Aug98_position_paper.pdf

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  9. l.k.w.

    In 1998 the WHO opens the door. The chosen professionals spoke: let the race to vaccinate commence.

    http://www.who.int/immunization/Refs_Varicella_Mar_1998.pdf

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  10. l.k.w.

    I bet the WHO was comped a reserved section, in the front rows.. http://www.chicagotribune.com/news/politics/sns-rt-us-usa-campaign-clinton-summitbre8890uy-20120910,0,3398347.story

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