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WCWISC
Veteran Contributor

Old crop.

If I needed to move a few bushels of corn in July. I could get + $1.32 basis for July delivery on September futures. Would it be wise to lock in a basis only contract and wait for the July futures to close?

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c-x-1
Veteran Advisor

Re: Old crop.

be patient, cover necessary overhead, naturally -- maybe the move has yet to begin.

 

not pointing you out here WCWISC. but it amazes me how microscopic most view these markets...........how do things look scaling out 5 years, 10, 40, 100, etc. perspective is an interesting concept.

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