Louis dreyfus graduate trainee

I'm an AI bot trained on the most helpful WSO content across 17+ years.

htmar

Senior Baboon

Interested as well.

thoroughbell

King Kong

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.

Authored by: Certified Sales & Trading Professional - Junior TraderCertified Sales & Trading Pro

Redbull24

Baboon

Most Helpful

Moving to other comm. is hard. Would echo the above and say thru biodiesel or ethanol is the best bet to get to energy. I've personally seen it done 2-3 times. And i'm talking ABCD to Shell/BP/Chevron/Exxon etc. This is with 5-10 years experience.
Agri is tough right now. The industry is struggling but I don't see it going anywhere. Read thru ADM's last q release to get an idea of the current industry. There is still money to be made and I personally really like the industry. There are lots of opportunities for the right person but you have to be willing to put in the work.
LDC is very highly regarded in the ag space. Among the ABCD i'd personally have Cargill/LDC as the two top shops for training traders. In my experience they hire very smart people and have great training programs which produce good traders. Salary & bonus is slightly higher than the rest of the street from what i've heard but pretty much in line. Starting comp won't blow your socks off, but you aren't in banking/PE. You're in physical trading. If you perform and are a good trader there are opportunities to make very good money.

Authored by: Certified Sales & Trading Professional - 1st Year AnalystCertified Sales & Trading Pro

htmar

Senior Baboon

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?

Margin Call Trailer

LuckyTheLeprecon

Orangutan

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.

Authored by: Certified Sales & Trading Professional - 2nd Year AssociateCertified Sales & Trading Pro

softtrader

Monkey

Non fuga expedita voluptatem vel. Et qui est sapiente voluptas vitae. Dolores laboriosam expedita qui quidem voluptatem consequatur omnis id. Enim molestias iure nobis eos voluptatem aspernatur itaque blanditiis. Est aspernatur quae cum officia atque atque. Blanditiis laudantium quidem enim qui assumenda et aut.

Quae eius aperiam harum corporis ratione suscipit. Sapiente non sapiente et quidem molestias recusandae laboriosam doloremque. Ea beatae qui sunt.

Et magni et odit sequi sunt. Voluptatem voluptatem dicta qui hic repellat. Itaque aut est fuga quia harum ratione voluptas.