Posted 9/18/2020 19:12 (#8503008) Subject: Helo me understand new crop beans @ higher bid then July 2021
NE Ohio
What gives, New Crop $10.43, April-July 21 is 10.30. seems a bit backwards to me.
Is there that much near term demand? Is this a sign that the market thinks the crop is short and wants to buy in now hoping on a rally going into next year?