Ag trade ideas

I don't have a correlation number but CPO and soyoil pretty much follow each other. Please note the percentage of soyoil share in soybean crush is pretty low right now, close to 30% so it should be an other reason for soyoil to go up in the near future...;)
 
@TraDaToR
The spread Bean Oil-CPO has a low value around 50 €/t, its currently arround 100 €/t
So if there is a big move in CPO, Beain Oil should follow closely.

KW-ZW looks good on a fundamental basis but KW-ZW on july finished at -30 cents/bushel !
 
Rachmaninov said:
@TraDaToR
The spread Bean Oil-CPO has a low value around 50 €/t, its currently arround 100 €/t
So if there is a big move in CPO, Beain Oil should follow closely.

KW-ZW looks good on a fundamental basis but KW-ZW on july finished at -30 cents/bushel !
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Yes, but that's tracking things all the way to contract expiration. I know there's a lot of debate about which roll method and/or roll date to use, but most traders, and probably all small traders, are out by first notice day, two weeks before expiration. Some of the big index funds roll even earlier.
 
thefuturestrader said:
Man, corn and soybeans caught a bid off some strong support. I have no idea what to think here. Weather is getting better, but there is still a lot of uncertainty. I bet we trade in ranges for a while here.
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Specifically, I am looking for range contraction for the daily charts in Soybeans for the next month. Not sure about Wheat.

I have a pet algo that I had to turn off during my move to Illinois. It would have loved a bullish move such as the one we just had. I am totally pissed.
 
Anyone has informations on US wheat harvests ?
Quality should be fairly low given the amount of rain and yield could be above expcetation.
French wheat exported to mexico show that US wheat exports are likely to sort all the quality mess. KW-ZW has a strange behaviour.
A lot of clues, but I have no direct information.
Do you have any information/articles on this matter ?

@Brighton
Indeed we couldnt get this -30, I just wanted to underlinde that KW-ZW is crazy.
 
Rachmaninov said:
Do you have any information/articles on this matter ?
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AFAIU, decline was because of heavier rains in SRW area, then in HRW area, so as the weather is improving, spread should go higher. Also problems with exports. Export of HRW is -30% comparing to 14/15, of SRW is only -8% (numbers are here at pages 3-4)
 
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