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Basis risk for your PP acres........
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FONZIE
Posted 5/20/2019 06:37 (#7507034 - in reply to #7505883)
Subject: RE: Basis risk for your PP acres........



East central SD
Shadow .. Really is no reasonal way to not let the basis get out of hand or try to corral it. Only way would be to own the physical or get it planted and have some on hand. Lots of local demand from feedlots hogs within 75 to 100 mile radius around here and not much planted at all. Calling for another rain event tues. wed. and again later in the week. Got some corn bought on July but not enough yet. Calls get kinda spendy with the volatility so may just buy some more July or Dec. Still pretty cheap if this thing gets really rolling.
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