{"id":31522,"date":"2012-09-25T08:54:38","date_gmt":"2012-09-25T12:54:38","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=31522"},"modified":"2012-09-25T08:54:38","modified_gmt":"2012-09-25T12:54:38","slug":"hedge-fund-reaps-riches-on-drought-hit-corn","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2012\/hedge-fund-reaps-riches-on-drought-hit-corn.html","title":{"rendered":"Hedge fund reaps riches on drought-hit corn"},"content":{"rendered":"<p>Daily Rep &#8211; For three excruciating weeks in May, Renee Haugerud, the founder of New York hedge fund Galtere Ltd., agonized that her wager on corn was a massive mistake.<\/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 bailed.<\/p>\n<p><a href=\"http:\/\/www.mitchellrepublic.com\/event\/article\/id\/70435\/group\/homepage\/\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Daily Rep &#8211; For three excruciating weeks in May, Renee Haugerud, the founder of New York hedge fund Galtere Ltd., agonized that her wager on corn was a massive mistake. She had started buying in March, when futures contracts averaged [&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-31522","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/31522","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=31522"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/31522\/revisions"}],"predecessor-version":[{"id":31523,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/31522\/revisions\/31523"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=31522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=31522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=31522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}