Long LCJ12 vs. Short FCJ12 Spread

Discussion in 'Ag Futures' started by stoic, Jan 18, 2012.

  1. stoic


    Apr. Live Cattle vs. Apr. Feeder Cattle Spread

    Is it ready for a pop..?

    Long LC @ 126.550
    Short FC @ 154.025
    Prices @ 12:36 pm CT 01/18/12

    Price calculated @ -263.925 cwt
    Chart and Trade Calculations:

    LC @ 126.550 Cents per lb. x 40,000 = $50,620
    FC @ 154.025 Cents per Lb. x 50,000 = $77,012.50

    $50,620 minus $77,012.50 = $26,392.50 divided by 100 = -263.925 cwt

    see attached chart
  2. TraDaToR


    I don't know but I am long June LC / Short May FC( 3-2 ) since October based on seasonals and it's not really my best trade of the year...LOL
  3. emg


    let me give u an advice:

    U DON'T TRADE LIVE CATTLE/FEEDER SPREAD unless u want to lose

    why? because oil and water do not mix
  4. stoic


    Your advice is worthless. Where there is potential for loss there is potential for gain.

    To make such a blanket statement only demonstrates profound ignorance.
  5. emg


    No corn position? If i were to trade the live/feeder spread, i would add a corn position. That would become a crush spread:

    1 Corn/2FC/4LC

    Why? Because, their outright prices are determined by the price of corn. The spread between them is a functionn of corn prices / Cost of Gain

    More than 90% of small traders lose. They just lose!

    BTW, your spread sounds like joe ross (loser)
  6. stoic


    I think your posts sound like you have a severe thinking disorder!
  7. TraDaToR


    Really ??? I didn't know that.

    I am quite sure it's because they lack higher education.
  8. Dude just put that guy on ignore. I did months ago and it's been smooth sailing since.
  9. emg


    they are a loser because lack higher education:


    Agricultural economics originally applied the principles of economics to the production of crops and livestock — a discipline known as agronomics. Agronomics was a branch of economics that specifically dealt with land usage. It focused on maximizing the crop yield while maintaining a good soil ecosystem. Throughout the 20th century the discipline expanded and the current scope of the discipline is much broader. Agricultural economics today includes a variety of applied areas, having considerable overlap with conventional economics.
  10. ...................................

    that is what makes a market.

    lets all plan to reconvene in a few months and see how it plays out.

    in the meantime tell an old cattle trader what a " beef sandwich trade " setup is.......

    lets see how smart the OP really is or just pissing in the tall grass.

    emg, you don't get to play............:)

    #10     Jan 21, 2012