Ag trade ideas

[TraDaToR]

Anybody thinking about a Long soyoil/ Short Soymeal spread here?

- Extremely low oïl value in the crush
- Palm oïl rallying + El Nino
- Soyoil forming something like a triple bottom
- Soymeal curve getting bearish

Here it is. Long ZL Dec / Short ZM Dec @ -9602( 3 oïl for 2 meal base ).

 

[Rachmaninov]

I did some study on correlation between soybean, sugar and coffee with real and I was surprised by the strength of the link. Correlation was on the 30-50 % range for monthly difference which is a lot !

 

[Rachmaninov]

Excpetionnal situation on Live Cattle:
I just saw that we have a record contango on the OCT & DEC expiries AND a very strong backwardation between AUG & APR16 !
It seems very strange to have bot record contango and backwardation. Any idea on whats happening on this market ?

 

[TraDaToR]

Long Mar17/Jul17 sugar @ -0.20. I suppose it will be a good trade since I only managed to get half my position before it started rallying...

Out @ 0.05.

What did I say...

 

[Vyki]

sold hez-g again (previously i've got stopped out) @ -3.025

 

[Vyki]

interesting situation: 3rd time someone bought/sold near 500-600 contraсts @hezf-g
two of these were @12:59(chicago)
and days before there was kinda big volume too also @ 12:59

 

[TraDaToR]

It's HE settlement window.

 

[TraDaToR]

Short Feb/Long Apr Live Cattle @ 0.375.
Long Mar/ Short Jul 18 Sugar @ -0.04. Again , couldn't get all my contracts before it started rallying.

 

[trade4succes]

I am kinda startled by the rally in Sugar. Anyone an idea?

 

[TraDaToR]

Long KWZ/ZWZ @ -8.5. The unusual discount is even making headlines in Agrimoney.