Posted 3/5/2024 13:21 (#10652556 - in reply to #10650938) Subject: RE: Why Basis contracts?
Ohio
You use a basis contract if you have a desirable basis that you think is going to soften, but also think that there will be a rally in the futures. It's not something that will work every single year, and might not work if your local elevator doesn't move their basis that much through the course of the year.