Ag trade ideas

Tradator, I followed you on the Sep/Dec wheat trade as well. I am back in ZM also at about the 5.1.

I bought the 550 call on KW last week but of course sold it early, I have GOT to work on thinking longer term. Would have been quite a nice winner.
 
TraDaToR said:
This one is really long term, to be closed this spring/summer near full carry. You have to follow the variable storage rate on wheat.
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In a committed effort to work on holding stuff for longer, I will do the same also. And not to mention it uses hardly any margin. I just have on 2 for now.
 
Best trade from a long time
Long Euronext wheat MAY15 - Short CBOT Wheat around 20 €/t
Because Europe is exporting really fast (1.6 Mt of export certificate last month)
Because Senalia (Rouen storage operator) send a mail saying that they will open saturday to face the wheat loading in next months
Because US exports path is kind of slow
 
Wheat Carry
 

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TraDaToR said:
Damn...I just did something utterly stupid here. I used ZC Mar instead of May in my combo selection when checking the position and thought my target had been reached. When I realized it i had already sold LEQ5...So I just exited @ -5410$ margin...:confused: Still a good trade but I think the move isn't finished.
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Here it is. -5000$. It would have been my exit without this stupid mistake. I think there is not much left on the upside.
 
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