Posted 2/15/2021 19:52 (#8835283 - in reply to #8832880) Subject: RE: How to market
Nash County, NC
It seems to me the pricing of the basis is saying the milo is needed more in DEC than in July.
July will need to be 42 cents higher than DEC to break even. Then you will need to figure the cost of your money for that period and the cost of storage including shrinkage.
You could sell the physical and buy jul22 calls if you are bullish