Posted 6/16/2018 13:29 (#6815956 - in reply to #6815944) Subject: RE: Rolling hedges
KS and NE in eastern 3rd
Depends on what they did but if they just did a basis contract and didn't take any money they can continue to roll into the next month and have the carry eat away at their price until it's zero I suppose. If they took a portion as cash on delivery then at some point when futures get low enough the elevator will just price them out.
Rolling hedges
