Posted 11/20/2023 12:35 (#10489555 - in reply to #10489530) Subject: RE: Corn is dead
Going to cost a producer 15 cents in interest to get to the may contract holding physical corn, currently there's a 30 cent carry. Seasonally Nov is not a good basis month. Selling cash here and owning the board seems like a poor decision unless you think there's a big futures rally coming. What's going to drive this futures rally?