Perspicuous Risk

 

STATISTICS BLACK BOX
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Sunday
02Aug2009

Feedgrains Harvested Acres

Sunday
02Aug2009

Corn & Soybean Selected Basis Worksheet

Sunday
02Aug2009

Chinese Fire Drill

The term is alleged to have originated in the early 1900s, during a naval incident wherein a ship manned by British officers and a Chinese crew set up a fire drill for fighting a fire in the engine room. In the event of a fire the crew was to form a bucket brigade, drawing water from thestarboard side, taking it to the engine room and throwing it on the fire. Because water would accumulate in the engine room, another crew was to take the excess thrown water and haul it back up to the main deck, and then heave it over the port side (in order to bail it out).

When the drill was called the first moments went according to plan, but then orders became confused in translation. The crew for the bucket brigade began drawing the water from the starboard side, running over to the port side, and then throwing the water over, and so by-passing the engine room completely. Thus the expression "Chinese fire drill" entered the English language as meaning a large confused action by individuals accomplishing nothing.

 

 

Saturday
01Aug2009

Commitment of Traders: Corn

Saturday
01Aug2009

Commitment of Traders: Soybeans