Recent content by ptrader

Caroy, Believe that explains for part of that action. The overnight action could at times be partly affected by the actions in the DCE (Dalian Commodity exchange). There are a couple of firms out there doing spreads between DCE and chicago.

Agree! It's Beans, followed by corn and wheat. A less riskier way to play this out would be to long the MW and short the W.

Totally agree with Caroy... bumper crop not just in India, US. Globally it's a bumper harvest - Europe, FSU etc. Also one gotta be careful, Wheat traded on CBOT are SRW which is the one with the best harvest. It's the HRW and DNS traded on the kansas exchange and mineapolis that are more...