Posted 9/15/2021 07:51 (#9221168 - in reply to #9221138) Subject: RE: Grain Bin inflation
Well the obvious stuff such as interest, depreciation, labor, taxes etc but mainly the question most aren't understanding is how many times did they eat the inversion? I don't have time to go back and see the cost of each roll but it would have been expensive. Basis made up for it but also means you earned zero carry. I should clarify early on after harvest there probably was some appreciation in cash vs futures but anything held after spring was a loser.