Cattle-hog spreads at unsustainable levels

Pavel Hála | Trading ideas | 30. 3. 2015

The nearest spread between live cattle and lean hogs (LEJ15-HEJ15) was formerly considered wide at levels above 30c. It’s trading above 100c right now and still rising. This situation is unsustainable from the long term perspective. It’s only a matter of time before these markets at least partially converge. The profit potential is great, but…

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WASDE report – March 2015

Pavel Hála | Analyses | 16. 3. 2015

World Agricultural Supply and Demand Estimates Report (WASDE) was published last week by the United States Department of Agriculture (USDA). I’ll focus on grains only because that’s the area of my interest. So what impact the report had? Bullish on corn, bearish on soybeans and slightly bullish on wheat in a nutshell. The biggest change…

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State of the crude oil market

Pavel Hála | Analyses | 9. 3. 2015

Crude oil has come through a massive sell-off. There are three main causes that led to this situation. Most important one is the oversupply caused by rising production in the US (fracking), other causes are strong dollar (US economy in good shape) and weak international demand (China slowing down). Although current downturn is severe, it…

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Introducing historical ratio charts

Pavel Hála | Announcements | 4. 3. 2015

We’ve added a new feature! You can now create ratio charts between time series in our continuous futures database. Log into the app and pick “Historical ratios” in the right panel. There are two selectors delimited by a “/” division character. You can basically divide two time series and make some fundamentally important ratio charts,…

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