Posted 12/18/2015 11:44 (#4969370 - in reply to #4967090) Subject: RE: July 16-dec 16 spread
Northwest Missouri
Simply that is accomplished two objectives- reowning fall sold bushels, and hedging new crop. This coupled with the fact that this spread usually gets to about +20 the July made sense to me at the time- probably why it hasn't worked out. Logic and reason have no place in markets!