Grains : corn, wheat, oats,soybeans, soybean meal&oil

altro che 0.40 il cme, kansas e minneapolis tutti insieme hanno alzato il trading limit sul wheat a 0.60 :eek: non solo, se si chiude in limit il giorno dopo lo stesso viene alzato di un ulteriore 50% il giorno dopo and so on :eek:
già stamattina in notturna il kansas ha inaugurato il nuovo limit , inutile prevedere che la vola oggi sarà alle stelle
anche i margini son stati alzati in maniera elefantiaca
in pratica da oggi è un gioco nuovo e muy muy MUY perigroso


CME Group, KCBT and MGEX Announce Price Limit Expansion for Wheat Futures

PRNewswire-FirstCall
CHICAGO, KANSAS CITY, Mo., and MINNEAPOLIS
(:CME)

CHICAGO, KANSAS CITY, Mo., and MINNEAPOLIS, Feb. 8 /PRNewswire-FirstCall/ -- CME Group, the Kansas City Board of Trade and the Minneapolis Grain Exchange announced today that all three exchanges will implement new price limits for Wheat futures and mini-sized Wheat futures on Sunday, February 10 for trade date Monday, February 11.

Price limits will be set at $0.60 per bushel above or below the previous day's settlement price. Should two or more wheat futures contract months within a crop year (or the remaining contract month in a crop year) close at limit bid or limit offer, the daily price limits for all contract months on the respective exchange shall increase by 50 percent the next business day and an additional 50 percent each subsequent day two or more contract months within a crop year (or the remaining contract month in a crop year) close at limit bid or limit offer. Daily price limits shall revert back to $0.60 after no wheat futures contract month closes limit bid or limit offer for three consecutive business days. There shall be no price limits on the current month contract on or after the second business day preceding the first day of the delivery month, except in Minneapolis where there are no price limits in the spot month on the first business day following options expiration.

The joint expansion of price limits is considered necessary due to the unprecedented price levels and volatility in recent market sessions and over the past year. Wheat futures on all three exchanges have closed at a limit move for successive sessions, and expanded limits will allow Wheat contracts to continue performing their price discovery and risk mitigation functions without being unduly constrained by limit price moves.

By acting in unison, the exchanges will help customers avoid additional risk resulting from distorted inter-market spread relationships that exist among the wheat markets when price limits are not consistent.
 
1202742499wheatcpi2008.gif
 
An extraordinary thing is going on in the Minneapolis Spring Wheat contract. specifically the March 08 expiration. The chart above shows the daily high low and close but doesn't reveal the full extent of the price move. The market has traded limit up for several days now and the only real price indications are from the synthetically implied price of the options. Friday the option implied price was $21.00 a bushel. $3.00 a bushel higher than the limit price close in the future. The exchange has started procedures to expand the trading limits and even to remove them entirely to allow the price to find a meeting point for buyers and sellers.
The low level of supplies is making it close to impossible to find wheat to deliver and so the shorts are stuck and having to pay up to buy back their contracts. This will not end well. Reportedly the Canadian Wheat Board (a government like agency) is one of the shorts, perfectly illustrating the problems of allowing bureaucratic comittees to make trading decisions.
The effects are spilling over into other wheat contracts too. When the limits are removed the price will surge to some clearing level that relieves the shorts and then will crash back several dollars. I suggest if you want to trade wheat right now do it with long option so you have a defined risk. Stop losses won't do you any good if markets open limit through your price.
 
il futures più perigroso del mondo ovvero il grando duro di Minneapolis , oggi anche oltre i +300c su H8 :eek: :eek:
ok che ormai non ha più limiti ed è in consegna
maggio è a +90
1203956611minneapolis.png
 
Fleursdumal ha scritto:
il futures più perigroso del mondo ovvero il grando duro di Minneapolis , oggi anche oltre i +300c su H8 :eek: :eek:
ok che ormai non ha più limiti ed è in consegna
maggio è a +90
Immagine sostituita con URL per un solo Quote: http://www.investireoggi.net/forum/immagini/1203956611minneapolis.png


holas fleu ... adesso batte 2310 ... fanno proprio schifo, sono senza remore ... a breve il governo dovrà per forza intervenire, quà stiamo parlando di grano per fare il pane porca mig.not.tta !! E'mai possibile che quattro sfi.gati imbottiti di coca possano fare quello che gli piace e pare su mp di importanza vitale per la popolazione e nessuno non gli dica nulla ? :rolleyes: :rolleyes:
Io li prenderei tutti a bastonate sulla schiena !!! :down: :down: :down:
 
ditropan ha scritto:
holas fleu ... adesso batte 2310 ... fanno proprio schifo, sono senza remore ... a breve il governo dovrà per forza intervenire, quà stiamo parlando di grano per fare il pane porca mig.not.tta !! E'mai possibile che quattro sfi.gati imbottiti di coca possano fare quello che gli piace e pare su mp di importanza vitale per la popolazione e nessuno non gli dica nulla ? :rolleyes: :rolleyes:
Io li prenderei tutti a bastonate sulla schiena !!! :down: :down: :down:

sapete perchè sale di più il grano duro di minneapolis rispetto a quello del CBOT?
(almeno la scusa ufficiale eh...) :V
 

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