Posted 6/10/2020 07:57 (#8307062 - in reply to #8307019) Subject: RE: Market talk is missing posts about marketing.
Oh no, I am being asked for wheat advice.
Let me say this first, the first time I traded wheat I did everything right on 1 contract and lost about $3000. It can happen fast.
If you don't want to lose carry but like that price I would say wither bull spread July or Sep against Dec to lock in the carry or just buy puts, but that buys the carry too. Or sell the Dec and buy calls or bull call spreads against it.