Commodities Update

Sugar - Remain on the sidelines. Looking for a place to go long October Sugar.

Lumber - Very close to our break even stop, but still holding onto the Long position. Look to roll out to the November Contract on any rally from here.

Soybeans - Move stop to 8.50 even to lock in profit. Beans should work lower from here and if they don't we want to look to capture some of the profit we have on the books.

Corn - Hold the Long Term Short Position

Crude Oil - Still on the sidelines as we were looking for a spot to get short. This opportunity may have come and gone, but no bother, the markets are full of opportunity. I continue to look for lower crude prices.

U.S. Dollar Index - Continue to sit on the sidelines for more downside pressure in which we can establish a long position. I think the U.S. Dollar is going to be the surprise of 2007!