you really could have just invoiced my acct this year, would have probably saved us both a headache ha
Hello. Here, exist the following news: 1) https://ukragroconsult.com/en/news/russia-faces-a-record-loss-of-winter-crops/ 2) https://kyivinsider.com/russia-faces-unprecedented-winter-crop-losses/ 3) www.dawndigest.com/news/russia-faces-record-crop-losses-amid-drought-and-frosts Kind Regards, George Kanellopoulos.
Hello Art. Basically, the HRW of Kansas have a positive difference with the CBOT Wheat. But i believe that you must see the Fundametals of Wheat. By my side, i try to trade the CBOT Wheat because is very liquid in comparison to HRW of Kansas. I do not want to make suggestions here but, be very careful when you be Short in Wheat. The Wheat with my opinion is the most speculative than other Commodities, for example Gold. Kind Regards, George Kanellopoulos.
HRW being the export wheat in the US, I would think a lower exportable supply from Russia would be bullish HRW, but SRW being the "speculator" US wheat, it can actually work the other way.
I see, both scenarios make sense. Perfect sell-side response "could be lower, could be higher but worth a trade with us" ha
Something wild is happening on metals spreads. First SI, then GC, PL, PA. Not a fat finger. HG can be next. No news as far as I know, but didn't have time to dig.
Are you highlighting calendars in the above? Idk if im seeing what you're seeing. I figured not many trade calendars in most of the metals especial precious metals given storage and funding costs are generally relatively stable?
Yes. Calendar spreads. I got completely smoked by the way. There are some opportunities on copper at times. Silver and gold are pretty stable. You can try to catch a few ticks out of line here and there but no real trades.