Ag trade ideas

Since most likely there won't be any weather scare before the end of the crop development, you must be right, but I was studying some long term bear spreads and I think we are already too low historically given the tight stocks to use ratio.

 

Long ZC Jul19/Sep19/Dec19 fly @ 2.25.

-Low stocks to use ratio makes a rebound likely on Jul/Sep
-Historically low

 

UK Feed wheat is super expensive now, does someone has a chart of its price compared to other classes of wheat( in the same currency )? I can't put a chart of T * GBP.USD with IB...

 

Thanks a lot Fundaman! Sorry but I don't know those tickers. What are LWB and BL2? ICE Milling and Feed wheat?

 

I am tempted to go long MW or KW / Short T...Thoughts?

 

LWB is LIFFE wheat, BL2 is Matif wheat

 

Now contemplate the cost of not following my expert advice...LOL

 

I think the corn market is ready to go up:
- Stuff going on wheat
- Low stocks on use
- Low price/no much risk priced in
- Funds shorts

And on my humble opinion, yield could be disappointing as the corn crop has grown really fast

 

I am already long part of the curve, as you know, Rachmaninov