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Buxton ND | 9236, I think you did it just fine and dandy ! ! !
Your 5 under basis THUMBS UP ! ! !
Don't be so bash full now,,, we can always use some new blood !!!!!!!!!!!!!!!!!
"I did the two transactions simultaneously"
PREFECT, I say this is a SAME DAY trade, sell the cash/buy the board. If you sell the cash then wait, wait and let the market rally .30-.40, get all bulled THEN re-owe it,,, your gonna get your nuts clipped JUST LIKE LAST SUMMER.
Your market friend advised you just fine. With a 2.4 BB carry give or take what are the chances of a big rally prior to March 1st ?
Its also Tax Time, some bankers may not be to hot on the idea to pay YOUR tax's with HIS money.
Last March was not farmer friend in corn prices.
Yaa SA could have something, tho weather events on our crop in January/February are quite rare.
Right now,,,,,,,,,,,, corn's best friend is #THEwheatparty
Corn's next best friend are those selling beans/buying corn. Since last spring its been buy beans/sell corn, buy beans/sell wheat, Buy beans/sell toilet paper. This Brazil crop hits the ships and we could a month, 2 or 3 UN-winding these buy beans/sell where ever spreads. | |
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When to get out of July corn contracts
