Checked it out on Scarr once I got in this morning, just got in as well @ 2 even
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Ag trade ideas
- Thread starter TraDaToR
- Start date
Checked it out on Scarr once I got in this morning, just got in as well @ 2 even
Talk about some big moves, wow. I was home yesterday and did some scalping on ZS, but I am missing it today.
Yesterday, 47 millions tons traded in CBOT wheat = US wheat production !
Funds, bulls and trend follower are back on weather market.
Buyers withdrew from cash markets..
Who' gonna with this battle ?
Funds, bulls and trend follower are back on weather market.
Buyers withdrew from cash markets..
Who' gonna with this battle ?
I am in the wheat butterfly, -dec/mar/-may, it has dropped more on this spike, hoping once it calms down the fly will normalize a bit and move up some.
Just saw this article about India. Based on this it looks like they are trying to make it more difficult to import wheat since it is cheaper than what they are going to sell their stock for.
http://timesofindia.indiatimes.com/...tonnes-of-poor-wheat/articleshow/47857533.cms
Just saw this article about India. Based on this it looks like they are trying to make it more difficult to import wheat since it is cheaper than what they are going to sell their stock for.
http://timesofindia.indiatimes.com/...tonnes-of-poor-wheat/articleshow/47857533.cms
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This is one heck of a rally! Wow
Yep, those soybeans are nuts. Corn picking up a lot as well.
Out @ 1.5.
I am really frustrated by this one. I am currently in vacation in Denmark and didn't take the time to read the hogs and pigs articles. Otherwise I would have exited on monday...Still a positive trade but I lost a good chunk of it today...
The acreage report came out today. I think the primary concern is that all the rain is going to cause issues with production.