OCT15 prices are already 0.3 $/lbs cheaper than current prices ! I dont know if its enough, but its already priced at some point !
I am still amazed by this negative margin for feedlots. I just get an idea on one possible explanation : the weight gain by head is much higher...
I didn't find a lof of good posts on "professionnal trading platforms", so I wonder if someone is using this platform. I am currently trading...
Thanks for all your explanations ! I get the 70 % story. Do you think alfalfa is correlated with corn ? Do you have any explanation why it seems...
Strong contango can make you loose a lot of money (11 %/year) even if cash prices are flat... Corn yield could be underestimated given the strong...
I dont get why you take 70 % of 130 000 lbs ? With your 4-2-8 rations i would have calculated corn used bases on lbs gained between Feeder and...
I draw all the feedlo margin from 1987 using the 2-1.3-4 ratio. The current situation is really exceptionnal ! How can we have such low margin ?...
I think some feedlots operators are using DDG for a number years. You have cheap protein in it. US has exported a lof of DDG to china but now its...
Thanks stoic for all you knowledge. I am not expert but I also feel that the corn cash basis can also be a factor in the strange GFM. Farmers also...
Yep, yep, strange backwardation.
I fully agree with you. But the classic soy/corn ration is not 2.5/2.6 but between 2.2 - 2.4. Corn yield increased more than soy yield in US so...
The ethanol market (ACF or AC) is in sharp backwardation for years. It doesnt make much sens for me because corn (input) is in contango and crude...
I bought on the last few weeks NOV14 puts around current levels. I am really bearish on this market. Pros : Record US harvest incoming Likely...
Thanks for the post I like this kind of spread. Its makes sense that the spread cant be too low because farmers can stop buying live cattle if...
@GiantHogweed I think, its already reverted on longer expiry which are on lower level @All Do you have any sucess with TA ? I still dont...
I dont really understant why this spread should be going down ? On the statistics side, my backtests showed that its quite neutral (and...
Thanks but Quandl has not these data
Hi everyone, I open a new post to exchange data between us. I am always looking for data because its our first source of R&D. --------------...
Up, up, no want data ?
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