rainmakerdealmaker wrote:The USDA Reports are managed by ex-president coming from Big Corporations who have a clear interest to drop Corn Prices.
4$ corn Was premeditated, this is Big money in the Grain/Ethanol.
Sell CZ buy CH.
The thecnicals are trending but I will not enter a spread if I don't get at least 60% of the ACTUAL fundamentals.
Fundamentals: most commercial with farmers will buy the MARch and sell the DECember.
I suggest a very low risk spread CH/CZ. Check for seasonality with Season Algo (but don't look 2 yrs go more with +10 yrs)
t= 84 days
i= 5,25%
Spot=442
Spread=12
+12 (cover 225% of the carry cost) or any spread below that
Objective: +16 , sell it (295% of carry costs)above fair value
Good Luck, and see you in 84 days or Before.
http://jacquessimon506.wordpress.com/
Do you think CH14-CZ13?
I do not understand this: t= 84 days
Posted: Wed May 22, 2013 11:18 pm