Sugar has been in a strong up-trend for some time now.
Basically you've got a bunch of traders trying to outguess Mother Nature -- aswe also recently did with crude-oil futures and the two previous hurricanes.
Speak to me, dammit!
Corn futures have the potential to explode higher due to increased demand from ethanol production.
The hurricane has been downgraded slightly, so prices will tend to ease, but they could just as easily head higher again [if] the weather forecast dictates.
We had two men to choose from, and Neil Armstrong, reticent, soft-spoken, and heroic was our only choice. He had no ego. He was not of a mind that, 'Hey, I'm going to be the first man on the moon!' That was never what Neil had in his head.
The winds are forecast to remain calm, so if we wait until tomorrow morning, the batteries will deplete, the relays and valves will go to the normally open condition. As the oxidizer warms up, the tank vents will open, removing the flight pressure. With the booster depressurized and batteries depleted, it will then be safe to approach the rocket.
December coffee futures have rallied about 10% in the past three days to $1.05 a pound from a low of 95 cents on Monday in response to the hurricane damage.
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