Posted 11/19/2024 13:07 (#10973902 - in reply to #10973715) Subject: RE: Explaining this offer from local ethanol plant.
NENE
555 is correct. They are selling a call however they are not giving you the entire premium while obligating you to deliver bushels to them if it hits. If you wanted to you could sell the call yourself, keep the entire premium and deliver your bushels wherever you see fit.
Explaining this offer from local ethanol plant.
