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Northeast Nebraska | I have an HTA for 60k bushels on with ADM for Dec futures. I have 90% of my corn hedged/sold out of the field. I have a 60k bushel bin that I own.
When is a good time to roll? They only charge a penny to roll to July 18. I believe we closed Friday with a 27 and 3/4 cent spread
That should easily cover my interest, cost to bin, etc to July, but should I take it or with the large crop coming will spreads widen more?
Full disclosure, I’ve never rolled a contract before in my life. I put this hta on a long time ago when the market didn’t suck.
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