Lanmar

Oil/Corn spread is at a very interesting level.

Something to think about...
Comment: A break below previous monthly lose in 09' represents continued weakness in oil vs corn. Looks likely now.
Order cancelled:
snapshot
How do you read this spread?
Corn usually leads crude (both are correlated).
+1 Reply
Lanmar PRO IvanLabrie
Long oil (at 30.50), short corn (at 360).

Corn:
snapshot


Oil still looks bearish to me longer term. The real trade here that the spread indicates is how weak corn might actually get.
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snapshot

Did bounce off 0.03 level
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