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West-Central Missouri | Thanks, Everyone for your replies!
KornKrush, The soybeans are sold to a processor, ADM in Deerfield, MO . Normal basis in Jun/ Jul will get to $+.30 Jul most years, but this area produced enough soybeans, that I do not see it getting close this year, but where it will get to, I have heard -.15 to -.30 in Jun /Jul.
Jan-17 -50 Mar-17
Feb-17 -45 Mar-17
Mar-17 -40 Mar-17
Jul-17 -30 Jul-17
Aug-17 -30 Aug-17
This is my first HTA, and was a small sale. It is more of a learning experience than anything, but I find that I learn a lot faster when my money at stake :)
Edited by gbryce 1/9/2017 10:50
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Rolling a Soybean HTA from March to July
