Ag trade ideas

Cool stuff and nice thread here.
Tradator, which target did you get when entering this trade ?

 

Target or entry price? I entered @ -0.4 looking for a move to around 2, but no Florida freeze finally, not even usual seasonality. Just big bad head § shoulders against me...

 

Brazilian trucker strike blew the top out of this bean market. Once again, the cash basis does not seem to be following. The fundamentals still appear bearish, but w/ no one to sell into the rally, it could keep going here.

 

Yep. Good day scalping ZS and ZM.

 

Here it is. Exited all lots except 1 @-1.5. No need to stay here. It can go much lower.

 

As you say it can go much lower, it's based on TA or something else ? Thanks for sharing anyway, I'm newbie

 

The exit on TA. The entry on seasonality and TA. The cold snap in late january gave me hope too...

 

Short Jun Live Cattle / Long Jun Hogs @ 58. Seasonal window + Range broken to the downside + Series of bearish cattle/ Bullish hogs news( West coast ports strike finished, Morgan Stanley on Cattle, herd rebuild...)

 

It has definitely made a quick run up in the past week

 

The boss where I work thinks long April Live Cattle, short June Live Cattle is the way to go right now. Feb Live cattle comes off the board tomorrow. The cash trade is hanging in around $160 w/ the feedlots and packers. LEJ is at $149, about 11 below the cash trade. I like the idea, 'cause we had a similar gap last month with the feeder cattle. I don't like how that spread chart looks though.