grain spreaders

Zc and ZO both trade on CBOT

 

The nearer soybean futures chart may be in an upward trend but the more distant charts may be in downward trends. Is there a current soybean shortage? Maybe farmers are planting more soybeans. How do you interpret these charts?

 

During the Spring, the market can be bid-up in order to attract more planted acres in the USA that can be hedged at higher price levels along with all of the other "normal" news.

 

Deferred bean spreads have been making some major moves.

 

Making moves there....lots of choices for sure! It appears to be a wonderful opportunity.

 

anyone see that they are extending night hours to 715 cst? Do think its going 23hr trading soon?

 

Yea I assumed you guys were watching that too, it is not just in the old crop rallying but they keep selling new crop hard, making the spread more premium.

July/nov could go off the board on highs. 2000+

 

After that dip & spike up resume of trend.
The clock may be ticking for this spread's upside.

Anyone...Bueller...Bueller ???

 

Any thoughts on the dec W/C spread? I feel like its a buy at 1.85