It's the exchange traded ticker (CQG) for the wheat spread Long Jul/Short Dec. I am Short Jul/Long Dec. stop loss 24'0 , take profit 30'0-32'0ish
Beware the current full carry is around 30... There is a good chance it will go there but you can get a nasty rebound...
Long Jul Soymeal/ Short Jul Soyoil @ 12572. I am quite heavily long meal / Short oïl in my portfolio now. There is a threat threat of slowing meal demand because of Avian flu but at the same time there is large demand for soy. Big exporter sale just reported...
Looks enticing. So you are expecting a continuation and not a reversion. Is there an exchange traded spread 1:1?
ZM Soybean Meal Butterfly, taken as a buy by clients and documented here in February, is performing nicely and is very close to the profit target: [/IMG]
ICE Sugar Condor, taken as a buy by clients and documented here in February, is performing but at turtle-like pace. Since the front month is March 2016, there is plenty of time for this trade to develop.