Recent content by tagoma

Cost of carry is not so much an old crop/new crop matter. It is the cost related to holding grain from one month to another. This cost is primarily interest and storage but also includes shrink and insurance. Depending on the grain/market, some specific rules may apply. One can plug the quick...

http://www.wisdomtrading.com/global-futures-markets reads: Exchange: BMD (MDEX) Product: Crude Palm Oil Contract specific: Crude Palm Oil futures Size: 25 Unit: tonnes Months: All 12 months The problem is that "all 12 months" are not traded. It is spot month, the next 5 succeeding months...

From an ags trader's standpoint, world reference for agriculture fundamentals is USDA's data. The agency updates its SD balance sheets on a monthly basis. These data are published in several USDA reports: WASDE report: http://www.usda.gov/oce/commodity/wasde Oilseeds Market and Trade...

As FCXo suggests, it is all about gasoline crack spread, that is the difference between gasoline (product out of the refinery process) and crude oil (the main feedstock). In the industry, they use for USGC unleaded 87 conv. - WTI at Cushing, for instance. Well, it seems unplanned repairs at...