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  • Trade view / Friday at 8:43 GMT
    Short term
    /
    Buy

    UPDATE: Wheat turning a corner after hurricane – #SaxoStrats

    Product Manager Futures and Options / Saxo Bank
    Denmark
    We're closing the wheat trade we initiated on September 7 (Buy +1 Vertical ZWZ7 OCT 17 OZWV7 445/450 Call @2.25) with a maximum gain today before close as it is expiration day. The grain markets remain volatile on crop risks from South America and short covering. Traders could consider rolling out and up the strategy with November expiration.
    Read the Trade View
  • Article / 12 September 2017 at 11:59 GMT

    Grain traders look to WASDE for direction — #SaxoStrats

    Head of Commodity Strategy / Saxo Bank
    Denmark
    Grain traders look to WASDE for direction — #SaxoStrats
    The United States Department of Agriculture will release its monthly update on supply and demand later today at 1600 GMT. The August report helped send all three major crops lower when the government raised yield and production estimates by more than expected. A general downward revision is currently expected.
    Read the article
    13 September
    Ole Hansen Ole Hansen
    The WASDE report helped send corn, soybean and cotton lower as yield and production increased by more than expected. Wheat held steady supporting a move higher in...
  • 04 September
    lahla lahla
    "Fed BS unwind leading to a selloff in the bond marekts. " This is a risk for the trade or the opposite.? thank You
  • Trade view / 22 August 2017 at 12:04 GMT
    Medium term
    /
    Buy

    Trading a wheat bounce through spread to corn — #SaxoStrats

    Head of Commodity Strategy / Saxo Bank
    Denmark
    Record Russian wheat production and dwindling time left to upset the crop prospects in the US have seen December CBOT wheat drop 25% since July. Funds have chased the market lower, while potential buyers have stood aside, waiting for the washout to run its course. Wheat is oversold, and we look for a rebound through a spread to December corn.
    Read the Trade View
    23 August
    ChristianK ChristianK
    How do you enter the stop and limit levels? In the platform the position shows up with short corn and long wheat positions?
    24 August
    Georgio Stoev Georgio Stoev
    the functionality to close a spread from positions will be added in PRO next year. To close out of the spread today just bring up the same...
    24 August
    ChristianK ChristianK
    got it. thx
  • Squawk / 10 August 2017 at 9:21 GMT
    Head of Commodity Strategy / Saxo Bank
    Denmark
    The USDA will publish its monthly 'World Agriculture Supply Demand Estimate' report for August later today at 1600 GMT. Last months report helped trigger a sell-off which eventually saw a complete reversal of the strong gains witnessed during early July.
    Today's report will focus on corn and soybeans as it will include first assessments of the 2017 crops based on field surveys. Analysts are forecasting a lowering of the yield in both crops with a Reuters survey pointing to a cut in corn yield of 4.5 bushels per acre to 166.2 bushels and a 0.5 bushels-per-acre reduction to 47.5 bushels per acre in the forecast for the soybean.
    Open interest, especially in corn, has been cut continuously during the past four sessions as traders ease up on positioning ahead of the report.
    Attached the average survey results from Bloomberg and Reuters
    Read the Squawk
    11 August
    Ole Hansen Ole Hansen
    Yesterday's WASDE report was one big bearish surprise with all components showing a stronger result than the surveys. As mentioned this was the first assessment of corn...
  • 09 August
    vanita vanita
    Steve Great call👍
  • 27 July
    Andrew Perkins Andrew Perkins
    Nice call Kim very well explaned
    27 July
    Kim Cramer Larsson Kim Cramer Larsson
    Thanks