Movement in agriculture futures begins to ramp up as the summer months get closer. This is a particularly opportune time to look at the "New Crop Spread" between Corn (/ZC) and Soybeans (/ZS).
"New Crop" refers to crops currently being planted. New crop months are November for beans and December for Corn.
Currently, this spread is trading near its highs. With this in mind, Pete presents a trade that capitalizes on a reversion in this new crop spread.
Tune in to uncover the setup for this pair using outright contracts as well as options for a theta twist.