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why is there a premium for new crop corn?
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Mark, ncIA
Posted 11/18/2013 22:53 (#3453749 - in reply to #3453404)
Subject: Re: why is there a premium for new crop corn?


Really aMaizing? You're advising selling the ZCZ14 against todays cash, for the carry? No wonder I have a hard time deciphering your charts. I figured you were a merchant, now after looking at your website, realize you've got a nice brand new little origination facility up there, very nice looking outfit, kudos.

Could sell red Dec. against cash here, and with a "normal" crop end up with nothing better than today's price in 12 months, probably less, minus the tangibles.
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