So delivery does have a lot to do with some of this lack of convergence?
Yes. OK.
The American consumer did not win, but the American farmer sure as heck did not win either.
So it would seem to me that there is no question that there is a direct relationship of index funds and the long-held po...
But we do have more corn that is out there and more contracts, right?
That is a concern that I have because I think if we become too restrictive here, the invested capital goes somewhere els...
So you think there is minimal risk for us of losing capital in this country by making these changes?
Does everybody at the table agree that there needs to be changes in the contract on wheat?
OK. Does the higher volume generated by the commercial index traders actually increase liquidity or decrease liquidity, ...
So let me go to you, Mr. Strongin. Have I got this right, that I could actually buy an index fund, pay the storage cost,...
That is why we see China doing what they are doing.
I am not sure many people recognize that as a legitimate economic policy.
It is not really good for your business in the long term, is it?
One of the reasons people were investing there is fear of not getting a return in other investment vehicles.
Do you think the double-down and double-up index funds that are double-hedged have any extra contribution to some of the...
What are the potential unintended consequences if you were to do that? Have you thought through that?
Well, but they do sell. They just roll.
So who makes the money off that?
