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Calculating the carry from Dec.
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almarti1
Posted 8/31/2007 12:11 (#196273)
Subject: Calculating the carry from Dec.


West-central Illinois
I am working with a marketing "advisor" for the first time this year. I have a portion of corn as a Dec. HTA. Looking at rolling it out to July. He tells me that we have not come close to full carry (sp?) for Dec to Jul(says that it has only been up to 70% of full commercial carry). I have a friend who works for a very reputable marketing "advisor" and says that he is advising his clients to roll the HTAs to July because the carry is around 90%. Who do I believe? My advisor says that the way to compute the carry is a formula that has many variables that chance daily. He resisted when I asked if I could be e-mailed the same "carry" quotes that he gets daily. I am wondering what that formula is. Does anyone know or use it regularly? TIA
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