Long MW/ Short ZW Jul16 @ 23. -Historically quite low -Good seasonality into the spring. -MWN16 undervalued on the curve. -Canada just reduced spring wheat acreage. Quite reliable trade if u ask me.
Lots of bull spreading in live cattle over the past couple of days. I'm looking at LEG16:M16 and LEJ16:M16. Time to get short those spreads?
Sorry to hear that Trad. Hope today is going better. First notice of bean cancellation from China this morning.