SE Nebraska, Near Misery and Cans Ass! | Deere6 - 4/30/2023 07:09
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.
What carry should be and getting that amount of two different things. |