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New crop corn....carry...when to roll hedges?
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Deere6
Posted 4/30/2023 07:09 (#10209246 - in reply to #10208408)
Subject: RE: New crop corn....carry...when to roll hedges?


SE IL
Interest rates along with storage rates are higher since the last time we were in a big carry market. Idk if we get there this year but if we do it seems like carry would get wider then we have seen before. I can’t find it now but iirc cme storage rates went from .05/mo to .07/mo. So full carry would be .21 plus interest. Not sure how they calculate interest but it looks like full carry could be around .25.

Edited by Deere6 4/30/2023 07:18
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