Louis dreyfus graduate trainee
How difficult is it to move to other commodities from agri,is it a good time to enter agri market now and how does LDC fare amongst the ABCDs in terms of salary,bonus etc.
Thank you in advance!!
Hey Redtulip96, what a lonely thread. I'm here since nobody responded ...so maybe one of these discussions will help:
Hope that helps.
Interested as well.
Just a student but my understanding based on other threads is that it is fairly difficult to move from ag to other commodities like energy products. That being said you can try to land on an ethanol/biodiesel desk since that is related to energy markets. Also Louis Dreyfus is a great name so if you have an offer congrats.
About 2), do you think that it's 'normal' and merely cyclical or that it has more to do with agritech that might make things worse for traders in the next years due to good crops and low volatility?
It’s a mixture. The biggest aspect of ag’s being in a downturn is cyclical. We’re just stuck in a period of pretty constant over supply. There've been a ton of extremely good crops for almost 5 years now. That combined with the trade war has really knocked the industry into a down cycle. That’ll change over the next few years as supply shrinks either as a result of farmers going bankrupt or some bad harvests.
As important as tech is, it still isn’t hurting physical margins as bad as people will tell you it is. It is however eliminating a lot of the edge physical traders used to have in the futures market though.
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