Posted 3/4/2024 22:52 (#10651867 - in reply to #10651129) Subject: RE: Why Basis contracts?
4 months out of harvest, so if usage was equal every month(which it isn’t… it’s kinda from loaded, a third of the crop at least is sold, used, and gone…. A lot of grain is priced for specific timeframes ( like all the trucks running heavy the last few days as a new month begins), so there’s a lot more sold than’ no one has sold a bushel’.
Why Basis contracts?
