AgTalk Home
AgTalk Home
Search Forums | Classifieds (62) | Skins | Language
You are logged in as a guest. ( logon | register )

Spreading nearby delivered old crop to the U(Sept) on a basis contract
View previous thread :: View next thread
   Forums List -> Market TalkMessage format
 
w1891
Posted 5/4/2021 10:53 (#8986842)
Subject: Spreading nearby delivered old crop to the U(Sept) on a basis contract


S Illinois
For those with old crop how many are delivering bu on basis contracts and spreading that out against the U(if your delivery location allows that)? Locally basis is inverted depending on delivery point also to the tune of 15 cents for June delivery and anywhere from 20-50 cents for July delivery. Just thinking will basis do all the heavy lifting from day June 20 on or will the U have to at least make a play to catch up to where July goes off the board? Just thinking 90+ cents added to basis for nearby delivery looks awfully good and would still allow for participation of a mid-July through mid-Aug board run up. Can also do it on the board if one has a hedge account.
Top of the page Bottom of the page


Jump to forum :
Search this forum
Printer friendly version
E-mail a link to this thread

(Delete all cookies set by this site)