Ag trade ideas

[TraDaToR]

Long Jun/ Short Aug Euronext Corn @ -5.75.

 

[TraDaToR]

I read this morning Hightower saying Soymeal is the most oversupplied commodity around. Does someone know what the ending stocks/ usage ratio should be this year?

 

[Vyki]

Does someone know what the ending stocks/ usage ratio should be this year?

there is no s2u for soybean meal, coz it's nonstorable commodity. "Soymeal can turn rancid, consumers cannot maintain large inventories"

 

[TraDaToR]

Long Mar / Short May Cotton @ -0.64.

I am trading the exact seasonal window you are showing.

Scratched the rest @ -0.64. I know there is a seasonal window coming but I wasn't feeling it.

 

[Rachmaninov]

there is no s2u for soybean meal, coz it's nonstorable commodity. "Soymeal can turn rancid, consumers cannot maintain large inventories"

However, they crush soybean in argentina and they bring 30 mt of soymeal in China. I think you can have several weeks if not month between the crushing in Argentin and the time they eat soymeal in China. So i think it can be stored for a couple of months ?

 

[Rachmaninov]

soymeal endingstocks

 

[Vyki]

However, they crush soybean in argentina and they bring 30 mt of soymeal in China. I think you can have several weeks if not month between the crushing in Argentin and the time they eat soymeal in China. So i think it can be stored for a couple of months ?

yep. according to russian national standard it can be stored for a 3 months

I think ending stocks data isnt relevant for meal coz if u look at wasde table you will see the same numbers every year (250, 260, 300,300) and s2u is a kinda funny number like 0.5%

 

[Rachmaninov]

3 months, ok !
On a world level, their ending stocks data are more relevent (graphics)

 

[TraDaToR]

Long May KC Wheat/ Short May UK Feed wheat @ -12.25 cents per bushel. 2 KE vs 3T Basic spread. GBPUSD hedged.

 

[TraDaToR]

Short Dec/Long Mar Coffee @ -3.5

Out @ same price. I am like an HFT these days ...LOL...I scratch almost everything.