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Just priced some beans
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Palmtopper
Posted 11/30/2018 12:16 (#7138289 - in reply to #7138273)
Subject: RE: Just priced some beans


SE Iowa
Depends on basis and your area. My area it doesn't make sense to carry to march for .14. This has been the case since end of Oct where carry was only .10

The processor/merchs want ownership so they can sell it...resulting in wider basis when they get enough....then those hedges may look good on paper but in cash it will not look so good.

A lot of speculation going on trying to out guess the market on a Friday.
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