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An interesting calendar spread on corn

An interesting spread is certainly ZCN21-ZCZ21, that is, the spread built by buying the corn futures with delivery in July 2021 and selling the corn futures with delivery in December 2021. A calendar spread

3 comments

  1. Good Article
    Can we do this for Sep21-Dec 21 ?
    Selling Sep 21 and Buying Dec 21 is that a good trading strategy
    Do you think its a good ? Any levels to watch in this space ?

    1. Yes, in my book on the best seasonal spreads for 2001, I give the ZCU21-ZCZ21 spread as an alternative to the ZCN21-ZCZ21 spread. The seasonal windows are the same, and in March it was possible to enter or re-enter short on the spread. $17 is a very important level, below that there is a lot of room to go down to at least the $4 area.

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