Long ZSK2023 x Short ZCK2023

٨ أبريل ٢٠٢٢

Corn seems expensive compared to Soybean for 1 year ahead delivery. Maybe the too tight corn SxD due to Ukr war and post USDA Planting Intentions pressuring the spot prices is pricing too much for 2023 crop. While soybean seems behind the curve on a comparative basis.

RSI for the ratio spread at 30s