Ag trade ideas

seasonally spreads are bullish
contango decreases (spread tightens)

 

That KWZ/ZWZ spread is not looking so hot today. Is it the exports driving it?

 

I don't know. I am stuck as well. Sorry if you followed my advice for your client...

 

Nah, I was in it already. It was recovering nicely last week too!

 

Yeah man, coffee definitely is a headfuck right now. Frustrating to say the least.

 

I've been having decent luck on this Sugar fly. Got in at 0.28 (although I used 2 calendars to do it as there's no native fly market from what I can tell, or maybe just IB crap).

 

No it's not just IB. TT and CTS T4 as well so I guess there are no native flies on ICE US.

 

Figured as much. There's also no ICS market for SB vs W either (maybe due to cross-exchange).

 

Turns out I'm wrong about SB vs W...



What I don't understand is why there's no relief between CC and C. Nobody trades EC - it has no volume and is a dead contract, whereas there's definitely significant volume in London Cocoa.

Interesting to note that there's relief between KC and RC (D) here. Good luck if your broker actually recognizes it.

 

Out @ -26. Ouch