{"id":31387,"date":"2012-09-19T06:11:24","date_gmt":"2012-09-19T10:11:24","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=31387"},"modified":"2012-09-19T06:11:24","modified_gmt":"2012-09-19T10:11:24","slug":"farmers-daughter-haugerud-reaps-riches-on-drought-struck-corn","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2012\/farmers-daughter-haugerud-reaps-riches-on-drought-struck-corn.html","title":{"rendered":"Farmer\u2019s Daughter Haugerud Reaps Riches on Drought-Struck Corn"},"content":{"rendered":"<p>Bloomberg) &#8212; For three excruciating weeks in May,\u00a0<a href=\"http:\/\/www.sfgate.com\/?controllerName=search&amp;action=search&amp;channel=business%2Fbloomberg&amp;search=1&amp;inlineLink=1&amp;query=%22Renee+Haugerud%22\">Renee Haugerud<\/a>, the founder of New York hedge fund Galtere Ltd., agonized that her wager on corn was a massive\u00a0mistake.<\/p>\n<p>She had started buying in March, when futures contracts averaged about $5.59 a bushel, expecting steady to rising demand from ethanol refiners and feedlots to boost prices. Instead, on May 10, the U.S. Department of Agriculture reported record planting and forecast a bumper crop. Prices began a 12 percent slide for the month. Other hedge funds\u00a0bailed.<\/p>\n<p><a href=\"http:\/\/www.sfgate.com\/business\/bloomberg\/article\/Farmer-s-Daughter-Haugerud-Reaps-Riches-on-3876116.php\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg) &#8212; For three excruciating weeks in May,\u00a0Renee Haugerud, the founder of New York hedge fund Galtere Ltd., agonized that her wager on corn was a massive\u00a0mistake. She had started buying in March, when futures contracts averaged about $5.59 a [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-31387","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/31387","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=31387"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/31387\/revisions"}],"predecessor-version":[{"id":31388,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/31387\/revisions\/31388"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=31387"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=31387"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=31387"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}