| w1891 - 2/24/2024 19:21
Did you really just say to roll a H24 basis contract out to the Z24? This is harsh but that has to be the stupidest post you have made yet. A 50 cent carry and your want to roll that far out? Great way to have a producer sell sub $3 corn next fall. Sorry but you are not providing any sound risk management.
I don't like rolling out to the Dec.......
My main point is if you have 50,000 bushels on basis contract and you typically sell 5000 bushel increments dont price all 50,000 at once nor roll all 50,000
Spread out your risk in a way that leaves you comfortable and yet pro active
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