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I don't know why I didn't like it the other day...LOL. I placed an order in case it pulls back a little.

http://uk.reuters.com/article/2015/03/04/cmegroup-contract-oilstorage-idUKL1N0W61GO20150304

Out @ 17. We are running at 90% of full carry. Given we currently are at 65% on front spread( May/Jul) the chances of carrying charges increasing at the end of May are quite low so the reward is not worth the risk of holding longer. Greenie tell me if I am wrong.;)

I am in with a different one. Short Jul/ Long May 16 @ -1.77.

Ah OK. Thanks a lot. I never looked into CME seats.

I don't understand this. Why is there no reason for an individual to buy a CME membership? What about CBOT?

FWIW I think it is too late now. Too close to full carry.

Nice day here:) Just to know, I shorted it on nothing more than a strong seasonal tendency and a feeling that 2015 crop condition would be "normal"... Did you have other catalists for the trade?

FWIW I find the curve of cotton really odd right now. I don't know why low inventories would invert 2015 Crop( Dec15 to Jul16 ). As a result I went long +Jul/-2Dec15/+Jul16 @ -1.32( the 10 lots @ 0.50 on Dec/Jul16 was me ). I know it is not liquid but worth noting.

Yes. To full carry. And then to the new full carry;)

Out @ 1.25/1.5.:)

I am just wondering what cocoa outrights will do in 2015 after the recent bullish turn...I am already short Sep/Dec and looking at further spreads... I am short Sep/Dec wheat as well like you, I posted it somewhere.

Greenie, what do you think about cocoa right now as you seem to be focused on softs?

Long Jul/Short Aug soymeal @ 1.4. Resistance turned support + Seasonals + Brazil strike...The target should be lower than recent history though as soy supply is plentiful.

I read somewhere that indeed people must keep in mind that the brazilian harvest is still huge and the strike is only a logistical issue. Did you take the Cattle Apr/Jun trade? I regretted not taking it this week end. There is less edge now, April closer to cash...

Yes I placed an order but didn't get a fill:(

http://www.brecorder.com/markets/commodities/america/228256-ice-cotton-slips-from-fresh-sept-highs-on-profit-taking.html "Prices are up 12 percent since the start of the month as stocks have fallen to under 8,000 480-lb bales, down from around 64,000 on Feb. 2."

Long May/Short Jul15 Oats @-2.25. Simple propagation of what's happening in the front month/cash. Didn't get half the size I wanted though.

What is happening to Cotton 15 crop? I thought the acreage was more than expected...?

If there is a cash induced rally, it is bad for my long hogs/short cattle spread though. I have to incorporate cash prices in my trading.;)