There is over 40 cents carry or risk premium from Dec. 17 to Dec. 18. Selling the carry for the 2018 crop doesn't have any interest or storage costs at this time. If you sell for 40 risk premium now and then roll after the crop is harvested for another 40 cents minus your interest it can make a huge difference on making a profit or losing money. Our cash price has been around $3.00 for the last year or 3 so the interest on $3.00 corn is about 12 to 15 cents a year. |