Ag trade ideas

TraDaToR said:
12-09-2019 : Long Robusta coffee F/H @ -9.

- Short squeezes can be really violent on Robusta.
- Funds are short.
- Something was brewing on friday with volume.
More...

12-11-19 : Closed half at 10. Nasty pullback. Perhaps it was just a 3 day squeeze.
 
12-13-19 : Long Hogs N/Q/V fly @ -12.35.

- News of possible Chinese phase 1 deal waiting for Trump signature. Feb futures gaps up on open.
- Low level historically.
- Next summer we shoudl have worked through the huge inventories with current trend of exports.
 
A good question I read online about the trade deal:

"How does that work? The government of China doesn’t buy many agricultural products. Are they trying to predict what China’s free markets will buy? It is ironic to watch the USA pressure China to engage in central economic planning".

Any thoughts? I am not knowledgeable enough. I think govt backed entities in China( COFCO? ) are the one supposed to "comply" to this trade deal and buy US up to the agreed amounts no matter what Brazil, Arg. are offering...But what about private chinese companies?
 
FWIW The reaction of KW/ZW to the trade deal news is perhaps a turning point on this trade. China vowed to buy wheat( allegedly ) and HRW is the export wheat in the US...I know, one more long KW / ZW trader trying to justify his position...LOL
 
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