Posted 7/13/2020 06:34 (#8370624 - in reply to #8370608) Subject: RE: basis contract?
SE Iowa
There is no “cost” month to month other than what they charge to do it.. (except interest and storage)you get the better futures price off setting the basis increase from the next underlying futures.
Your risk is if the next month goes to the previous month expiration price which most likely to happen and did it your situation.