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| If we get the acres. There is a 'rate of usage' consideration in spreads, in addition to supply & interest rates. Right now the spread is pricing in low corn acres. Its a liquid spread and easy to get out of if you are wrong. It is a spread in which I would use an open order at your price as in the current atmosphere, the market may come to you, assuming your spread price is realistic.
"Safe" is a relative term in futures. There is standing in front of a speeding truck safe, wearing torn cloth gloves fiddling with a running grain auger safe, riding with a drunk teenager at 90 mph safe, I would classify this as 'walking through Michigan Avenue traffic at night safe' --it is okay but watch out for the occasional Asian taxi cab driver. | |
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cz08 spread to cn09
