Posted 1/21/2018 21:47 (#6522277 - in reply to #6521548) Subject: RE: wheat storage question
Eastern Half of Kansas
There is a $1.20 of carry in market in 1.5 years. At some point in there you lock in better basis than today. So your money made is $1.20 plus basis improvement. No playing market. Elevators here are sitting full of wheat, but they’re sitting on poor wheat too.