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:
How do you read this spread?
Corn usually leads crude (both are correlated).
+1 Reply
Lanmar IvanLabrie
Long oil (at 30.50), short corn (at 360).


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

Did bounce off 0.03 level
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