I'm probably going to start using storage quite a bit more for 2016 and beyond. Prior to that most everything was going to town. I believe I need to develop a market routine to keep track of carry and basis if I'm going to effectively use storage. Right now I'm just envisioning something simple like when I get up in the morning I check the carry on the crops and years I'm interested in (corn and Kansas City Wheat) and then perhaps record carry in a spreadsheet or something. Perhaps once a week or two I would contact the buyers I'm interested in dealing with and I would record basis for the delivery periods I'm interested in as well. I'm sure that's a pretty crude system and I would imagine there are some of you who have a pretty polished routine. What do you do? Thanks. |