Flat-Price Strategies
Corn: partial liquidation of longs Fri thru Mon – now, multiple sells-stops nearby:
Wheat CBOT and KCBT: partial liquidation of long positions late Apr – multiple buys nearby:
Soybeans: large liquidity last week thru Mon exhausted sells; buy levels are now far above current price:
Soy Meal: liquidation of long positions late April/early May – now multiple sell-stops $15 below:
Soy Oil: holding longs many weeks – sell-stop nearby:
Palm Oil: sold Monday – multiple sell-stops nearby:
Live Cattle: large short positions established over the past several sessions – additional sells nearby:
Lean Hogs: large liquidity, initiated shorts late Apr/early May — additional sell levels nearby:
Time Spread Strategies
CN2/U2: light liquidity last week – multiple sells nearby:
CN2/Z2: selling over the past few sessions – multiple buys-stops nearby:
WN2/U2 and KWN2/U2: holding shorts many weeks – multiple buy-stops relatively nearby:
SN2/Q2: longs have held their positions over the past few weeks – multiple sell-stops nearby:
SN2/X2: large liquidity the past several sessions – buy-stops start 20c above:
SMN2/Q2: little liquidity last week – multiple sell-stops start $1 below:
BON2/Q2: holding longs many weeks – multiple sell-stops nearby:
LCQ2/V2 and LHN2/Q2: holding shorts many weeks – one sell rel nearby in each.