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Explaining this offer from local ethanol plant.
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farmer01
Posted 11/19/2024 11:56 (#10973798 - in reply to #10973718)
Subject: RE: Explaining this offer from local ethanol plant.



Jackson County....... Southwest Minnesota
IN555 - 11/19/2024 10:58

Creative
They are selling a zc25 4.90 call for you and giving you that premium up front on your old crop basis


plus if Dec corn is 4.90 or higher on 11-21-25 you will have to deliver the same amount of bushels at that price
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