Going with the Grain

Trade Ideas ·
Featuring Shawn Hackett

Published on: August 6th, 2018 • Duration: 7 minutes • Asset Class: Commodities • Topic: Trading, Commodities

Shawn Hackett, president of Hackett Financial Advisors, explains his wheat pairs trade. He discusses how to profit on the expected shortage of high-quality wheat in this interview with Justine Underhill. Filmed on August 2, 2018.

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Comments

SL

Stephen L.

6 August 2018 @ 10:18

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Good trade idea, thanks Shawn. Question: the Dec contracts will have expired within the 6 month time-frame. Will the roll spread not be an issue in Wheat?
- SH
  
  Shawn H.
  
  8 August 2018 @ 10:20
  
  1 0
  
  Both contracts will roll at the same time. Right now speculators are heavily long CBOT wheat and short MN wheat so if the roll occurred with this spec bifurcation the roll would tend to help this spread gain.
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Floyd .

6 August 2018 @ 22:51

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Shawn keep asking the critical question in these interviews"what can go wrong with this trade?' Nice job.
AC

Andrew C.

8 August 2018 @ 06:41

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The spread chart shows this to be at an extreme, but it only goes back 2-1/2yrs. It would be better to see a longer term timeframe, so as to judge how much of an extreme this spread is at.....
- SH
  
  Shawn H.
  
  8 August 2018 @ 10:18
  
  2 0
  
  If you email me I can send you a longer-term chart.