FarmingMo - 6/18/2024 22:45 Your merchant is correct. Current july futures is 11.74. Current January futures is 11.45. So you would lose 29 cents on the futures position. Along with whatever the roll fee is. But most merchandisers don't allow rolling from one crop year to another unless there are extenuating circumstances(don't raise a crop). There is a very good reason from what I've read. A lot of guys got burned doing it. Don't remember the exact circumstances
Here's a quick overview of the 1996 HTA fiasco.
https://www.wrightonthemarket.com/post/hta-problems-of-95-and-96 | 
A question on rolling soybean futures?
