Posted 2/19/2017 06:58 (#5849101 - in reply to #5847873) Subject: RE: Moving corn because of basis, buying board- which month?
NE IN
Jb
Was thinking this through this am and realized I was backwards on my explanation yesterday. You will be long the board, so if u roll you would only gain if the carry narrows. Which seems possible if we get a spring weather scare and the market rallies.
So, I'd buy the K. I think there's a few pennies to be made on the K to N roll
Sorry for the confusion, I had short hedges on the brain.
Moving corn because of basis, buying board- which month?
