OJ/ Coffee Random Musings

[Shaqi]

If its still trading around 62500 - Lean Hogs short will be sent out by close

 

[Shaqi]

and i missed it

 

[Shaqi]

looks like OJ is gonna go for another slide down the slopes - Hnag On

 

[Rtrader2525]

looking at ome bull call spreads in dec coffee

 

[Shaqi]

Some agressive buying yeterday in coffee. but im not yet joining the drinking party. looking at putting out shorts in the bean complex especially bean meal around 2800 if i get a fill.

i will clean up OJ after 1 more day of weekness. enjoy

Quote from Rtrader2525:

looking at ome bull call spreads in dec coffee

:

 

[caroy]

Quote from Rtrader2525:

looking at ome bull call spreads in dec coffee

the coffee, oj, and grains are all due for a seasonal run up. Any thoughts on whether the overall sell off has puked out the funds? Tomorrow's crop report should be interesting.

 

[traderTX]

I agree with caroy...while I'm not long soymeal (I am long beans but just as a quick trade into the report tomorrow), soymeal is due for a run up into winter...feed usage and purchasing will start to ramp up in the coming weeks.

Not sure on the fund liquidations...probably still a few little odd lots left to get rid of here and there.

To keep it on topic, I am actually long Dec. coffee.

 

[Shaqi]

Im short soymeal @ market open - seasonal run up - mmmm - lets see- most grains are week - look at soybean gap down today - i dont see any major run ups no matter what report today says until a floor is set in stocks.

 

[Shaqi]

What a plunge on OJ - cleaned up @ 7500 - thank you.

staying short on em beans

 

[Shaqi]

Rtrader - You may have picked the bottom in Coffee- I'm now watching it closely lookin for a major run if prices stabilises around the level on the monthly chart which historically has had major buying interests - lets see what happens next week