Posted 4/30/2015 07:59 (#4545129 - in reply to #4545114) Subject: RE:There's your answer, Long.
Middle Tennessee
Now he's telling me that I can make no profit long the physical bushels: 1. I have to sell a contract to retender, 2, The only profit I can make on the sale is market movement from the sale price to the close (in other words I get none of the 4 cents appreciation since yesterday's close). Can that be right?