South Central North Dakota | Okay so the popular reason for the continued down in spring wheat is unwinding of spreads. Selling mpls buying kc and chi. Sorry I'm slow but can someone tell me why it got wounded up in the first place ?Sell kc and chi and buy mpls. If this spreading is such a surefire profitable venture doesn't it sort of prove if you get enough spec money involved that futures markets can and are being manipulated by a portion of the traders? I understand premise they are based on and that is that seasonal patterns exist, but the people that make the trades must not fear black swans or don't feel to threatened by charts. |
Unwinding spreads?
