AgTalk Home
AgTalk Home
Search Forums | Classifieds (168) | Skins | Language
You are logged in as a guest. ( logon | register )

Would buying heating oil futures be a hedge for #2 diesel ?
View previous thread :: View next thread
   Forums List -> Market TalkMessage format
 
Dirk Diggler
Posted 2/9/2019 04:17 (#7308067 - in reply to #7307642)
Subject: RE: Would buying heating oil futures be a hedge for #2 diesel ?


West Lafayette IN
Yes “heating oil” and “ULSD” (Ultra Low Sulfer Diesel) are both diesel fuel. All of my local suppliers charge over 20 cents per gallon to book future transport loads. I looked into hedging my own, but the only contract that I could find was 42,000 gallons. 20 cents is 10% of the value of the product. That’s rediculous. Imagine if they charged 40 cents to hedge a corn futures contract.
Top of the page Bottom of the page


Jump to forum :
Search this forum
Printer friendly version
E-mail a link to this thread

(Delete all cookies set by this site)