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Ok last post on this lol, couldn't figure out wtf the deal was but I think this explains it.. "What’s left of the cash cattle market has traded lower this week at $160 in the south with the north at $255-258 dressed before today" so for whatever reason they just say north (probably the location...

That must be a typo or they are referring to feeder, no way there is a $100 difference. If so I will be driving to the sale barn immediately to load up with some cows to drive up north LOL. Google a state and then cattle sale barn prices. You should be able to find data on their recent...

I don't know the reason behind that really Tradator, but I do have a couple friends here in TN essentially doing arbitrage on that lol but there is still risk. They either buy a large trailer load here in TN and drive to New York and sell them or the opposite. They wait until there is a decent...

Side note: Contango made a decent move again today on crude by the way back in other direction, just wanted to throw it out there if you all have any interest in the flys. July/Aug/Sept or Aug/Sept/Oct both seem pretty far out of whack again. I am going to keep following this feeder/live cattle...

I know I mentioned it the other day but take a look at the feeder/live cattle spreads, I wrote down a paper long to test out something new on 2GFQ15-3LEQ15 on 3/2 at -25. It has really bounced nicely to . That price will show up differently in IB, think it just depends how it is quoted since its...

Good call! Did you see the shift in the crude spreads yesterday? I had some July/Aug/Sept flys on and they got a significant move for the day. I think it was about .10 or. It came down to about .12 from .30 like a week ago. I missed the second leg down and got out around .17, but still pleased...

Very good point

So that will allow you to take delivery on an oil contract essentially? Or a gulf coast contract at least I guess

It is somewhat high compared to normal levels isn't it?

I'm showing April May on HO as about $2,500 initial and $1,900 maintenance.

Yeah, I agree. I looked at it this morning and decided it probably wasn't worth it anymore

I still had my order sitting there lol, missed that move on wheat

Barchart: http://www.barchart.com/interactive_charts/futures/CLZ15 Then click the spreads tab and enter the fly like a formula into the box, like below: CLX15-(2*CLZ15)+CLF16 That should do the trick.

Have you looked into HO vs RB? I was looking at that lastnight, seems like there might be some seasonal trade potential there. I haven't looked into it very far though. Also have been looking into the HO spreads as well but haven't decided to execute on anything. EDIT: I just checked the spread...

Well... I failed on my "committed effort" lol. Pt 2...recommitting! I will take a look and see if I can get a decent price on the spread. If so I might enter again.

Actually, just realized I was in that trade and we discussed it a couple weeks ago. I can't remember why, but I exited it. Fully carry on it is somewhere around 18, right?

Tradator, I followed you on the soymeal spread. Looked into it some lastnight and liked it so I entered as well. I got in at 1.4 also. I didn't expect an immediate fill because the spread showed 1.3/1.5 but it immediately filled so worked for me. On the Sept/Dec wheat spread you all are...

Are any of you all following the Feeder Cattle/Live cattle spreads? Kind of surprising to see how far off some of the spreads are from the prior 2 years data. I am seeing some possibilities for mean reversion trades. The spreads do seem pretty far off from historical data for the past few...

The reasoning behind that is anticipating April to pull towards spot more strongly than June, causing the spread to grow, right?

It has definitely made a quick run up in the past week