Posted 3/1/2024 09:47 (#10646658 - in reply to #10646628) Subject: RE: what is carry
Carry basis rolling all that still isn’t real intuitive to me but a long time ago on agtalk someone really smart explained why you aren’t supposed to hold grain in a high interest environment and THAT intuitively made sense to me
Pce came in on target and I think gdp was slightly lower so it’s setting up for rate cuts possibly