| "Got it.. Worst thing ever imaginable.. all I need to know.." from the movie Armageddon
Okay.. so I got Cedar Rapids Ia locked in now.. +$.98 the Sept. Looks like they are bidding $1.20 for later delivery...
http://www.adm.com/en-US/products/grain-farmer-services/locations/CedarRapids/Pages/default.aspx
Anywho.. Specifically what is the Bid/Ask structure by you? How many bushels are you actually buying..? Normal.. Heavy.. Light.?
When I say it will follow the spreads, I mean the red line is going to go touch the Sept level on the chart, then track towards the dec as sep expires.
Other question: "Why didn't the red line go touch the May and July levels?" |