Ag trade ideas

Long NY cocoa U/Z19 @ -2.

- The back of the curve has shifted drastically to an inversion in the last month. Commercials must be thinking 19/20 S§D will be much tighter. Didn't find anything in the news though.
-Seasonals
Out@-15. Shitty trade.
 
Didn't you have a good chance to get out at above 0? What made you hold so long?

Definitely. My target was a bit too far...And then it retraced...But when we are at extreme prices, you always hope it may go back to normal, even unconsciously, that is why when it went underwater, I was still holding...
 
BOUGHT 1 ZO Mar'19 @ECBOT @ 285.25, the trend is higher, higher lows and within +/- 1% of the 40 day moving average has been good buying so far. Stop at 280. Initial target 320
 
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I've had the worse luck with the hog market. The last two trades I put on - immediately in my face. Like Karma for every BBQ pork rind I've ever consumed. Cattle, fine. Grains, fine. But those Hogs...

Good thing you can't trade pork bellies...Imagine the karma on all that bacon!
 
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