None if there weren't any, just trying to understand the beast and getting an idea of how it behaves, I'm up with all the reporting schedules and so on but was wondering if I'd missed something obvious or as you say was just a move up. cbot do 3 updates a day on the market which is helpful too. DTNag.com is also good along with a few other specialist sites out there. http://www.cbot.com/cbot/pub/rss/soybean_products.xml Longer term a certain large european investment bank recommend outright longs in corn and wheat dec07 and position for the forward curve to move into backwardation
I quit trying to figure that one out. It can lead to a lot of aggrivation. A lot of times if beans, wheat or corn moves up the others follow. In general everything is moving higher across the board be it due to weaker dollar, inflation or whatever. We are entering a very volitile part of the year. Enjoy the ride.
I am not sure that this is good news (or has any value whatsoever) for longs. Buy when and if the range breaks to the upside (~$400 for the July contract), and watch out for fakes.
Perhaps not, but still interesting, a very well known US investment bank also agree with the european one, as of beginning of the May the dec 07 outright long is where they'd put their money in corn, and july 08 soybean (along with other calender spread recs), think 3.64 and 8.35 were the initial entries, so hardly a glory trade for them yet. I'll watch that July rec. thanks