KS and NE in eastern 3rd | Deere6 - 1/9/2017 12:01
So you are saying you have better luck setting futures first on a rally, then Waiting to set basis when the market pulls back vs the other way around? In other words you would rather use an hta vs a basis contract? Tia
In our current market the hta's have worked much better for me. If we get a strong basis this spring with terrible futures prices the basis contract is probably your best option but do it off the July to give yourself a chance at a weather rally. Just have a plan to have it set before the contract expires because rolling it into sept will likely just eat away at your price. |