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Maizeing
Posted 7/25/2013 13:41 (#3228694 - in reply to #3228650)
Subject: RE: you mean U/Z? nt


Ontario's middle east
We took some at i think 24 and 26 for the same reason when we thought the crop could get in trouble. Those spreads usually pick a direction at this time of year. If the market thinks we are going to have a big crop that will definately widen, 35 is entirely possible. 28ish Ithink was as good as it got last year then inverted in 2 weeks, that is why we have some already set. I think I will take some more at 30. I have been amazed how stable those spreads have been. Hear you on the too greedy for 3 last year and then and inversion!
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