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so what about bean basis
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Pofarmer
Posted 1/15/2008 00:25 (#283537 - in reply to #283493)
Subject: Re: so what about bean basis



I rode this through on wheat since July. Finally locked in a decent basis but the price still sucks. If you are happy with the price, lock in the price, if you ain't happy with the price, don't lock it in. There is nothing saying beans won't go to 15 bucks and the basis gets wider yet. With markets at these levels, and the amounts of money entering it, there are no gaurantees. I wouldn't play HTA's, I wouldn't play the board, I might do an option if that suited me.
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