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Anybody has any insights on how IMO 2020 may influence ICE Gasoil contract? Because I was considering this change should give a premium to F20 ( at least for this year ), but I realized ICE has launched Marine Fuel 0.5 % contract on the side, so now I doubt ICE gasoil contract will reflect IMO...

07/02/2019 : Long MWK20-2*ZWK20+KWK20 @ -0.25. - ZW is overvalued against pretty much in the world and the higher protein wheats should prevail in the long run. - K undervalued on both MW and KW. - 20 years low for this spread.

07/01/2019 : Out @ 3. Probably one of the most painful winning trades of my life. I think USDA killed the bull market until the reality of the resurvey is known.

07/01/2019 : Short HE J20/M20 @ -7.8. - Hogs inventory are huge and China is doing everything it can not to source in the US( deals with Brazil...). - The front of the curve is plunging and J/M seems overvalued. - Seasonals.

07/01/2019 : Out @ 3.73. Trading is tough lately.

Pretty bad day for me. 06/28/19 : I shorted some ZC U19-Z19 @ -5.75( No... I didn't catch the spike ). - It got less beaten than other spreads because it is the most sensitive to old crop lower stocks but new crop higher acreage... - USDA just announced a resurvey because these acreages...

I almost gave back all my gains on ZC U20/Z20... You have got a good bargain here for anyone interested.

I am long ZC U20/Z20, K20/N20 and short H20/K20 in smaller size. The entry prices are a few pages earlier I think.

Traduction : I am sticking to my corn longs.

06/21/2019 : Out @ -5.25. Nice little trade. I don't want to keep it further since it can be pretty random in the last few days,

06/21/2019 : Out @ -17.25. A stupid trade I shoud have closed a long time ago, or at least with the last few rounds of USDA reports.

It was a hedge because I was way too long corn spreads in my portfolio. I was already long K/N20 and U/Z20, both in larger size. It is a loser, but it was a good trade/decision. I don't regret it. Perhaps I should have cut the hedge after the report. Instead, I am treating H/K and K/N as a...

06/13/2019 : Short Cattle Aug/Oct/Dec fly @ 3.175. - High Level like in 2017 except the curve was more bullish at the time. - Big supply coming in summer which should pressure the front spreads. - Seasonals.

Thanks a lot Maxinger, No. In your example, I would like ZCZ19, ZCZ18 and ZCZ17 in the same chart with the corresponding dates( ex May 1st would be May1st 19 for ZCZ19, May 1st 2018 for ZCZ18 and May1st 2017 for ZCZ17 ). It's something available in DTN Prophet X for example. I have never seen...

Following up on this, I am not sure it is possible to displace time series to put on a seasonal chart... Meaning for ZC symbol of Dec expiry, I would like to have ZCZ19, ZCZ18,(...), ZCZ89 on a single year chart with corresponding dates to compare/find seasonal patterns. Otherwise, I found the...

06/11/2019 : Short ZC H20/K20 @ -4.5, mainly as a hedge because I was too heavily long corn. - H/K is overvalued compared to Z/H and K/N. - Good chance USDA won't cut yields tomorrow, especially since crop conditions appear OK ( for the acres emerged...) - US companies are starting to buy corn...

06/07/2019 : Out @ -0.0085:)

06/06/2019 : +KWN19-ZWN19-KWU19+ZWU19 @ -9.5. - Winter wheat is actually at 64 % good to excellent. - ZW N/U finished only one time positive in 1986. - Level is historically low.