Soymeal/Beanoil spread

Discussion in 'Ag Futures' started by GiantHogweed, Apr 5, 2011.

  1. Watching the July spread approach even. I am not a fundamental trader but a small amount of internet research suggests that a couple of factors may be causing the BO to substantially outperform: 1) DDGs which I know even less about than soybeans! :) and 2) strength in vegetable oils in general. Looking for some commentary on these ideas and opinions on whether or not we might see BO with a premium...
     
  2. 1) ?....Soybean oil, instead of being viewed as "food", is being viewed as an energy source and is being dragged higher by crude oil? :eek:
    2) ?....There may be a weather-related expectation that this years soybean crop will contain less soybean oil compared to the soybean meal? :confused:
     
  3. emg

    emg


    mark my word, if u trade grain based on fundamental news above, u will lose.

    99.9% of all these grain commentaries do not work.
     

  4. why don't you focus on crush and reverse crush spreads for soy complex. they have natural and logical resistance and support levels.
    crushing is a simple operation. BO and feed are completely different products whose only similarity is they both are derived from soy
     
  5. Pita

    Pita

    Hello guys,

    can anybody recommend a website where I can draw charts for equity spreads like the one you were discussing here SM/BO?

    SM has a point value of 100$ and BO 600$ so if you want to draw a proper chart you need to apply the different multipliers in order to show the dollar value.

    I used to do it before on www.futuresource.com/charts/premium.jsp but that does not work anymore.
    http://www.britefutures.com/charts000/spreadcharts.aspx that one is also working but unfortunately one day delay and no option to draw equity spread charts.
     
  6. emg

    emg

    are u serious? Or is this a joke? If u are looking for chart to draw, u need to subscribe a platform (CQG, X_Trader, esignal). Or u can subsribe to the gecko software. They are ok.
     
  7. Pita

    Pita

    yeah I am serious. It wa possible to do on futuresource.com before and it was free (data 15 minutes delayed). Also it worked on the Nextrend Software which was also free and in realtime.
    And all I ask is if somebody knows another source and you definitely don't.
     
  8. emg

    emg

    I wrote to u. cqg, x_trader, esignal, or gecko software. If you are looking for something FREE, good luck
     
  9. Pita

    Pita

    ok, thanks for your suggestion. Maybe somebody else?
     
  10. If you are trading and can't pay for a platform, perhaps you should find another line of work.
     
    #10     Apr 21, 2011