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Elevator contracts WRONG time to use
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CSE
Posted 3/3/2024 13:04 (#10649676 - in reply to #10649665)
Subject: RE: Elevator contracts WRONG time to use


Sioux Falls, SD
Daily double, end double, knock out, pause, short dated, full length, knock out with floor that prices balance of bushels at entrance price. Plenty of different ways to work them. Make sure if you get aggressive and the market works higher, and you have a short crop, If you dont have the bushels to cover, that the elevator will work with you on rolling to the next crop year. At current level, you would be looking at a price in the lower $5 range, with a $4.3 or so knock out with 180 or so days left to price on a full dated contract.
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