Ag trade ideas

https://www.agra-net.com/agra/inter...fina-takes-robusta-coffee-delivery-563254.htm

Yes. Still long on cocoa. I think I will keep it until fall.

 

Out@ -38.75.

 

Do you trade spreads (calendar, butteflies)?

 

Yes. I guess almost all trades on this thread are spreads or flies.

 

Out@ -0.0042

 

Long Hogs Jul/Aug/Oct Fly @ -9.8.

- Aug/Oct overvalued.
-Jul/Aug in a bullish seasonal window.

 

Short ZR N/U/X fly @ 2.08.

- Couldn't find the reason behind N/U trend
- Historically out of norm
- Mexico is first importer of US rice...Trade war...

 

Short Live Cattle Aug/Oct/Dec fly @ 1.925.

- Oct/Dec reverting after historical low.
- Seasonal window

 

Soybeans will open really low on monday with the 25 % chinese tax in effect July 6th. But the Brazilian cash will skyrocket and europeans will buy the US beans on the cheap. Almost the same story as with the threat of tariff in April, but now with lasting effects. Waiting for the list of products affected if someone has it...

 

https://www.bloomberg.com/news/arti...-s-farm-imports-with-tariffs-on-soybeans-corn