Wt Agriculture Discussion Threads

[rod out] 08/10/2010 18:32

AIGA - Big shake this afternoon. Logged into share account expecting to see stop hit but found that I had never trailed it up behind the price. Poor drills, great result.

RO

[davebowler] 01/10/2010 14:42

AVT is leveraged 1.3times with a fall back of £1 per share.

[mart] 22/9/2010 11:13

Incidentally, I was just checking my intuition about using LAGR in an ISA, rather than this, or AGAP.
From about the beginning of july this little beauty has gone up about 32%, AGAP - 24%. But LAGR has done a magnificent 53%. Wonderful thing hindsight!


Any newby tuning in should heed warnings about leveraged plays though. You need look no further than natural gas and LNGA. I have the scars to prove the difficulty of using that little beast in 'problematic and uncertain circumstances'.

[mart] 22/9/2010 11:06

This is having a good run. I don't trade it any more but I find it a useful indicator for more highly geared plays. It seems to be more sensitive. For example I'm currently 'interested' in SQ85 and I find it pays to watch AIGA because it moves first. Watch this strategy fail!!

[traderabc] 20/9/2010 12:21

This is more like it, we may finally see 8 soon.

edited. I really ought not to post here as every time i do, the sodding thing goes down.

[m w] 06/9/2010 19:01

Can this be bought inside an ISA

[davebowler] 05/8/2010 15:10

AVT is another way into Agri commodities.

[mart] 30/7/2010 12:43

Same again:

[nabcom] 30/7/2010 12:09

Wheat Heads for Biggest Monthly Climb Since 1973 as Russia Drought Worsens
By Jeff Wilson - Jul 29, 2010 4:32 PM GMT+0100

Wheat rose, heading for the biggest monthly gain since 1973, and corn and soybeans advanced as hot, dry weather damaged crops in Russia and other parts of Europe, boosting demand for U.S. supplies.

[juju43] 30/7/2010 10:38

about time

[mart] 30/7/2010 10:32

This seems to have some momentum.

[traderabc] 29/7/2010 11:18

Russia's Drought Raises Bondholder Risk on Prices
By Maria Levitov and Maria Kolesnikova - Jul 27, 2010 2:51 PM GMT+0100


Russia's worst drought in a decade will probably generate losses for bondholders as food prices rise and the government may be pushed to tap debt markets for funds to support farmers.

High temperatures, which rose to a record 37.4 Celsius (99 Fahrenheit) yesterday in Moscow, have damaged 32 percent of land under cultivation and forced Russia to declare states of emergency in 23 regions. Grain prices may double this year because of the drought, according to the Grain Producers' Union.

[mart] 22/7/2010 15:21

Well LWEA (which I sadly dropped in mid JUne) has done 60% since 29th June. You must be happy contrarion

[mart] 02/7/2010 16:28

But sugar seems to be steaming away at the moment.

[hazelton] 02/7/2010 13:37

Wheat and corn both seem to be in downtrend to me.

[contrarian2investor] 02/7/2010 12:02

Hi all,

I am holding LWEA & AIGA
Here is an article that might be of interest.
-------------------------------------- c2i

Wheat Rises as Investors Bet Demand Will Gain on Corn Shortage
July 01, 2010, 4:09 PM EDT

July 1 (Bloomberg) -- Wheat rose to a seven-week high as speculative investors bet demand will increase because U.S. production of corn, a competing grain used to feed livestock, may not be as big as expected.

Farmers sowed 87.872 million acres (35.6 million hectares) with corn, less than forecast in March, the U.S. Department of Agriculture said yesterday. Corn rose 8.6 percent yesterday, fueling expectations that feedlot managers will use more wheat to fatten cattle. Speculative investors who were net-short 48,883 wheat contracts as of June 22 may be buying futures and liquidating bets that prices would fall.

"The wheat had built up quite a bit of shorts, and there's a sense that if the corn market rallies, that'll run the wheat market up," said Jason Britt, the president of Central States Commodities Inc. in Kansas City, Missouri. "The report caught traders leaning to the short side."

Wheat futures for September delivery rose 19.5 cents, or 4.1 percent, to $4.9975 a bushel on the Chicago Board of Trade. The price earlier rose to $5.04, the highest price since May 12. Futures are up 9.4 percent in the past two sessions, the biggest such gain since Aug. 3.

The price also rose as the dollar lost as much as 1.9 percent against a basket of six major currencies. Wheat gained 3.5 percent in the second quarter on expectations that adverse weather will curb world output.

Wheat is the fourth-biggest U.S. crop, valued at $10.6 billion in 2009, behind corn, soybeans and hay, government data show.

[juju43] 24/3/2010 17:35

this has gone nowhere in 2 years.i think i will ditch

[traderabc] 24/3/2010 15:24

Ffs, it didn't even make it to seven,does this blighter think it's natural gas or something?



"The Crisis Has Just Started: Major Mkt Tactics"

Stewart Thomson
email: [e-mail]
June 15, 2010

5. The "Grains To The Drain" (GTTD) gang trade looks like they just put a million volt power line into their mouth and asked the banksters to turn it on. The banksters followed instructions and electrified the morons. The public is short wheat futures and I'll bet you hard cash those positions feature huge leverage. Why would an undercapitalized micro trader bet against food, the one market that is arguably lower risk than even gold itself? "Enron, Fannie, and Nortel are solid long term investments. Wheat, corn and soybeans? Those are high risk, almost as risky as gold!" OK, Mr. Golf Ball Advisor, if you say so. The Grains to the Drain gang are short wheat, corn, and soybeans. All three of the major grain crops! A triple wiener play!

[walter walcarpets] 17/3/2010 12:35

prices will explode some time but when....?

[traderabc] 17/2/2010 12:19

Watching paint dry, yawn..

[traderabc] 03/2/2010 10:34

Hopefully this is the bounce off the lower end of the channel, it should crawl back up to 7 now.

[traderabc] 03/2/2010 10:33

AGRI-FOOD THOUGHTS
by Ned W. Schmidt, CFA, CEBS
Schmidt Management Company
February 2, 2010

The North American Agri-Food harvest is either complete, or almost complete. We say that as much of the corn crop remains still in the field due to being wet, frozen, or covered with snow and ice. For all the best efforts of those involved in the Global Warming Scam, the winter of 2009-10 has been far more powerful than their now clearly questionable documentation would have suggested. Despite the weather, the North American 2009 harvest appears to have been good, with both corn and soybeans seeming bountiful.

Analysts can talk of nothing but the size of the North American harvest. As they do, it seems to get larger on a daily basis. As they think about that bounty, they ponder what seems is going to be a good harvest in South America. One might think that the world is in an era of Agri-Food plenty that will last indefinitely. However, that thinking would be wrong. A good harvest in both North and South America had nothing to do with intentions and effort. It was simply chance, and not likely to be repeated. Now, the harvest is being consumed. Grains are grown to be eaten, not preserved as a curiosity.

[traderabc] 18/1/2010 14:59

Why the big fall-off today ?

Standard procedure with this one I'm afraid, it's trading within its upward sloping channel, there would be cause to be nervous if it breaks out below this channel at about 6.1, so it ought to bounce this week near 6 or carry on up from here.
(jmho)

[coffeelito] 12/1/2010 16:12

Why the big fall-off today ?