Ag trade ideas

Long White Sugar Mar19/May19 @ -4.4.

- Historically low
- Seasonals
- Mar19 undervalued on the curve

 

Got out @ 2.635. It was a bad trade in the first place. The activity was highly unusual and liquidity will further dry up next week approaching FND.

 

@Out @ 20. Loser.

 

Out@ -12. A loser as well but it was still a good trade. The R/R was good and the deep contango seems like an anomaly.

 

Out half @ 3.75. Keeping the rest in case of last week rally

 

Long Sugar May/Jul/Oct19 Butterfly @ 0.08

-Low value
-Seasonals

 

Out the rest @ 2.5. Nice trade overall.

 

Short Hogs Apr/Jun19 @ -9.250
-Bearish Hogs § Pigs, chinese demand disappearance...
-Seasonals

 

Out @ 0.250. Nothing to complain about.

 

Long MWU18/Z18 @ -17.5.
- 2 ticks from full financial carry( according to my expert calculations...LOL )
- Reread point #1
- Yes I know : Optimum crop conditions, hellish downtrend but still reread point#1
- Reread Point#1 and buy! You dumbass...