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Thanks, I must have skipped over that part. Also I was able to find a good chart at http://www.wikinvest.com/futures/Kansas_City_Wheat_Futures

The article still isn't clear (at least to me) on who took the losses for the speculators.



The same people who always take the losses - speculators. Some of them are the same people who bid the market up; some of them are people who foolishly bought at the top.




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