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West central IL | You need to weigh the risks of waiting for more carry vs basis loss. Don't try to gain a nickel and lose a dime. That said, I'd be surprised if you have an end user or terminal bidding up THAT much for March corn. But only you can answer that.
For instance, if your normal March basis come next Feb is -40, and they are bidding even, I wouldn't hold out for a few more cents in the Dec to Mar carry and have basis tank costing you 30-40. That's an extreme example to highlight what I'm saying, but consider what your goal is. | |
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corn
