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<blockquote data-quote="ddg1263" data-source="post: 791496" data-attributes="member: 8445"><p>I give up trying....UPI is wrong for quoting it the way they did... the trading tables are wrong for quoting it this way.... and the only way to quote the market is by the bushel price..</p><p></p><p>You also said that a corn contract was 100 bushels, ddg1263 wrote:</p><p>Corn is at 5.55 a bushel and the May 11 contract is actually 555 per contract which is 100 bushels. Any way you look at it the market is being manipulated and the article expressly says this….I would refresh the numbers of DDG next week because they cant stay this high forever!</p><p>A contract is 5,000 bu. not 100 bu. But I don't need to tell you that your an expert. By the way corn futures trades in 1/4 cent increments not in 1/3 cent increments but heck you knew that already too. Like I said have someone read it to you. You are embarassing yourself.</p><p></p><p></p><p>BTW you are correct here... I was typing a bit to fast when you called me the dumbest person in the world... it does take 5000 bushels to make a contract... However, the trading board is quoted in 100 bushel units... The original contract would be 5000 times the bushel price..... So in a way you got me! It is like trading stocks.... if you see a share of stock going for 10 dollars on the exchange it is normally known that you need to buy 100 shares without creating a fraction order...</p></blockquote><p></p>
[QUOTE="ddg1263, post: 791496, member: 8445"] I give up trying....UPI is wrong for quoting it the way they did... the trading tables are wrong for quoting it this way.... and the only way to quote the market is by the bushel price.. You also said that a corn contract was 100 bushels, ddg1263 wrote: Corn is at 5.55 a bushel and the May 11 contract is actually 555 per contract which is 100 bushels. Any way you look at it the market is being manipulated and the article expressly says this….I would refresh the numbers of DDG next week because they cant stay this high forever! A contract is 5,000 bu. not 100 bu. But I don't need to tell you that your an expert. By the way corn futures trades in 1/4 cent increments not in 1/3 cent increments but heck you knew that already too. Like I said have someone read it to you. You are embarassing yourself. BTW you are correct here... I was typing a bit to fast when you called me the dumbest person in the world... it does take 5000 bushels to make a contract... However, the trading board is quoted in 100 bushel units... The original contract would be 5000 times the bushel price..... So in a way you got me! It is like trading stocks.... if you see a share of stock going for 10 dollars on the exchange it is normally known that you need to buy 100 shares without creating a fraction order... [/QUOTE]
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