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Bull Corn Spreads.... 2019 crop
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Posted 3/12/2019 16:29 (#7375963 - in reply to #7375893)
Subject: RE: Bull Corn Spreads.... 2019 crop

"Usually" generated from previous carry calcs does not apply. CME has raised delivery storage rates. A 12 cent carry Z/H represents about 46 percent of full carry.

Full carry being 26. Quite a few "ifs" have to be played out but with projected carryover, the commercial will push that spread to minimum 20 cents.
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