Quote from SuperVolatility:
I know there is money in LH but such thinly traded market scares me. Friend of my trades LH and other ags. If I recall correctly he shorted LH around .80 something in September 07 and covered right after Thanksgiving at .60 somethings. Made nice change (87K) he has be encouraging me check Ag futures.
I recently started following Soybean oil was not surprised to it collapse the past 2 days. August contract closed at 67.50 from all time high of 73... the day before.
Hats off to ag traders.
Do you trade Globex or route to the pit? There is excellent liquidity down here, and if you go mid-market from the screen, someone will usually give you a fill.