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.
Bull Corn Spreads.... 2019 crop
