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Something we are looking at in our office on the feeder cattle. Jan. Feeder cattle are at $221.52, while the feeder cattle index is at $235 today, about a $13.48 gap. Expiration on the Jan contract is 1/29, and the contract settles back to the cash traded index. That gap is enormous, and cash...

Nice trade.

I don't know about the Russian situation as it applies to wheat so much. I do think the Russia situation and wheat bullishness bled over to the other grains last week. Option expiration is Friday, and I think funds are still long soybeans. There are a ton of soybean sold puts out there. The...

This cattle party appears to be over for the near term.

Front month live cattle were hanging in there for a while with feeders down limit the past couple of days. Limit down across the board today though. Producers without any protection to the downside are hurting right now.

Yeah, that spread was $11.25 in late October. Obviously, the market sees that time as when the tight live cattle issue will work itself out.

Feeders limit down again, back month live cattle coming off fairly hard as well.

Thanks for the great responses again. For a potential system, I am thinking of anywhere from 15 minute to 60 minute bars, as well as using spread trades. For the most part, I think Ninjatrader would be fine for a execution/trading program. I don't want to trade higher time frames, or deal...

Feeders close to limit down, cash trade is coming off a decent chunk. Live cattle are hanging in there better. I will be taking a close look at the revised CFTC Commitment of Traders this afternoon to see if it looks like funds may be getting out of there long positions.

This is a great response, thanks. I have access to decent data, since I work at a small futures brokerage. I have actually gotten a little "burned out" on system development so am taking a break. I did come to the realization you discuss that this is a longer term process, and I need to break...

Market looks confused today. Cash index off hard, feeders down, front month of live cattle hanging in there. Maybe some end of the year fund liquidation?

Yeah, that chart pattern is absolutely failing right now. Makes me wonder if the funds are even playing the long side on soybeans and trying to fade the smaller players who are short. I watch a lot of spreads as well. I have been slowly learning to program in R, and am interested in trying...

Anyone looking at this head and shoulders pattern on Soybeans? It is textbook, upward sloping neckline, broke through the neckline yesterday, rallied back up to it today. I give little salt to patterns, but I know everyone is looking at it.

Yeah, I found those books and found them to be invaluable. Another thread on here also convinced me that I really need to learn a programming language, so I have been spending a ton of time with R. It's been fascinating yet frustrating at times. Still, I am beginning to see how important...

Got out of that ZSF:H15 spread at 12.6, caught about a $4 move. Option expiration today in the grains, should be interesting to see what happens.

Got short the ZSF:H15 soy meal spread at around 16.7 yesterday, caught an initial move down but it appears to be catching some support, even though soy meal made a strong move down today.

This bean market has been hot, and has been basically ignoring fundamentals. At some point, it would seem like it needs to revert to a fundamental market. I'm not sure what that point is, unfortunately. We could easily see $9.00 to $8.75 sometime in the next 3 to 4 months. I watch the...

There was supposedly a shortage of soymeal on the east coast, which exploded soymeal prices higher. Allegedly, the crush plants couldn't get the rail cars to get it moved. Soymeal prices got so high that they are importing a barge from South America, despite the record soybean crop. Once the...

Whew, soybeans on a nutty ride this morning, 40 cent trading range.

The ZMZ14:F15 spread is popping this morning a couple of bucks, not sure if it is an entry point or not. The mention of wheat made me remember the KC/Chicago wheat spread. I was watching that a lot earlier this summer, but sort of forgot about it. Of course, now it has taken a huge dive to...