Posted 11/1/2023 13:40 (#10465297 - in reply to #10465285) Subject: RE: Anyine else get the Cargill "Premium Offer"
S Illinois
They don’t have anymore insight that you as to price direction. They are selling Nov 24 calls against the bushels you would deliver now. They want your physical bu. So they credit the premium from the call they sold against your 23 delivered bushels.
You may check with them as many of those contacts are open ended and bushels are only due if beans are $14 or greater next fall.
Anyine else get the Cargill "Premium Offer"
