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RayJenkins
Posted 7/1/2015 10:32 (#4655933 - in reply to #4655918)
Subject: RE: Park the truck!


SC Iowa
This is going to turn into one of those teachable moments about separating basis and futures pricing decisions.....

for the guy with space, selling $4.50 July 16 futures against old crop inventory is an interesting proposition

and shows great returns to on farm storage, plus you have a lot of flex about when you can deliver

I think a lot of potential cash rent re-negotiations just got put on hold!

hearing it was a pretty historic day for many grain businesses on Tuesday
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