Ag trade ideas

[TraDaToR]

Long White Sugar Mar19/May19 @ -4.4.

- Historically low
- Seasonals
- Mar19 undervalued on the curve

 

[TraDaToR]

Short ZR N/U/X fly @ 2.08.

- Couldn't find the reason behind N/U trend
- Historically out of norm
- Mexico is first importer of US rice...Trade war...

Got out @ 2.635. It was a bad trade in the first place. The activity was highly unusual and liquidity will further dry up next week approaching FND.

 

[TraDaToR]

Short Robusta coffee Jul/sep/nov butterfly @ 13.

- New rule effective july make owning stocks more expensive which is bearish jul/sep.
-Seasonality

@Out @ 20. Loser.

 

[TraDaToR]

Went long MWN18/MWU18 @ -8 at the Close.

-The spread is priced as if 2018 HRS crop was even tighter than 2017 when even acreage is still completely unknown.
-Seasonality.
-Funds are now short.

Out@ -12. A loser as well but it was still a good trade. The R/R was good and the deep contango seems like an anomaly.

 

[TraDaToR]

I have accumulated ZO N/U @ -7.5.

-The stocks to use ratio is record low this year but contango is rich.
-If acreage increase, new crop September will drop.

Out half @ 3.75. Keeping the rest in case of last week rally

 

[TraDaToR]

Long Sugar May/Jul/Oct19 Butterfly @ 0.08

-Low value
-Seasonals

 

[TraDaToR]

Out half @ 3.75. Keeping the rest in case of last week rally

Out the rest @ 2.5. Nice trade overall.

 

[TraDaToR]

Short Hogs Apr/Jun19 @ -9.250
-Bearish Hogs § Pigs, chinese demand disappearance...
-Seasonals

 

[TraDaToR]

Short Live Cattle Aug/Oct/Dec fly @ 1.925.

- Oct/Dec reverting after historical low.
- Seasonal window

Out @ 0.250. Nothing to complain about.

 

[TraDaToR]

Long MWU18/Z18 @ -17.5.
- 2 ticks from full financial carry( according to my expert calculations...LOL )
- Reread point #1
- Yes I know : Optimum crop conditions, hellish downtrend but still reread point#1
- Reread Point#1 and buy! You dumbass...