Hi guys... new in this thread and as far as I saw it, u know business.
got few questions :
1. After the Jan USDA report and the limit down in corn, I saw the spreads going down sharply : WH12-WN12 to -.44ish along with WN12-WZ12.
After the Price a few days later inclined these spreads and especially the 1st exploded to -.25 and -.31 respectively. Not to mention that these spreads are 35% of the full cost of carry. (based on 0.00565$ /Bu/day)
What's going on here??
2. What about the rollover for March?? what are the dates it should take place and if you know at what time (the end/middle/start of the pit session)? Local mentioned Jim Rogers' holdings. Is it still large numbers of contracts?
3. While the Spreads of Corn & Wheat went to the roofs the old crop beans spreads going down SH12-SN12 to -.19. Is it an opp. after the La nina's effect on BRAZIL & ARGNTINA?
THANKS guys
got few questions :
1. After the Jan USDA report and the limit down in corn, I saw the spreads going down sharply : WH12-WN12 to -.44ish along with WN12-WZ12.
After the Price a few days later inclined these spreads and especially the 1st exploded to -.25 and -.31 respectively. Not to mention that these spreads are 35% of the full cost of carry. (based on 0.00565$ /Bu/day)
What's going on here??
2. What about the rollover for March?? what are the dates it should take place and if you know at what time (the end/middle/start of the pit session)? Local mentioned Jim Rogers' holdings. Is it still large numbers of contracts?
3. While the Spreads of Corn & Wheat went to the roofs the old crop beans spreads going down SH12-SN12 to -.19. Is it an opp. after the La nina's effect on BRAZIL & ARGNTINA?
THANKS guys