Rosetta Capital Management
September Update
Our September saw short positions in cattle and long positions in hogs netting a 7.1% return after all fees. Our most profitable trade was a short trade in corn. Meat exports to China went down dramatically, though some of that drop was expected post Olympics.
Credit flow has tightened and we expect hogs to snap back to a more reasonable price if credit is available in the new macroeconomic environment. We expect our short positions in cattle to do well.
For a complete disclosure document and performance capsule please contact us.
Jim Greene
Rosetta Capital Management
About Rosetta Capital Management
The Rosetta Capital Management team of Mike Swinford and James Green trade the grain and meat markets. With over a combined 70 years of experience of trading the markets, building networks and finding pipelines of information in the grain and meat markets, Rosetta Capital Management offers a program that is not correlated to the stock and bond markets, and, not correlated to other commodity programs: long or active. With a history of delivering positive returns through different market cycles, Rosetta can improve the risk adjusted returns of investors’ portfolios by adding both non-correlated and positive returns.
Past performance is not indicative of future results