Soybean Meal Futures Spread : ZMN25-ZMQ25Excellent opportunity in this spread on soybean meal :
- Margin requirements are low, as intracommodity spreads often are.
- The spread is currently at -1 from its historical value of 1 in the 5-year average, and 0 in the 15-year average, and being long we have an additional favorable factor for more margin upwards
- This spread has been in profit 80% of the time over the past 15 years
- There is a very good trend in both averages and a trend duration of about 4 months
- The average Risk Reward Ratio over the last 5 years is 17.13