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| you won’t get until January 31st depending on the buyer and the deadline they give you. If you do roll it you’d roll to March then and say for example January is $10.00 and March is 10.10 you’d have a .19 under basis as you don’t get to keep the carry. Also some buyers charge you a couple cents to roll it. Basis fixed are nice for if you think futures could go up and you’re happy with basis and don’t wanna pay storage. Also you can do the same thing by selling the grain and buying paper but then you’re responsible for margin calls.
Edit because I read your post, jumped to conclusions and assume you were talking corn.
Edited by Cattailking 8/27/2024 20:28
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Basis contract for dummies
