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HTA Soybeans Nov or the Jan?
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Dan Loehr
Posted 5/3/2024 13:11 (#10727404)
Subject: HTA Soybeans Nov or the Jan?


Holland, Indiana (SW IN)
Getting closer to thinking about locking some 24 Soybeans
Hasn't been discussed with our merchandiser
See Jan is 12.11 ----Nov is $12
Will be doing a HTA rolling or whatever in October (if we do Nov)
Then setting basis (when soybeans are needed) and hauling in Dec 24 or Jan-Feb 25

I'm guessing carry can easily get more than 11 cents and/or can and will go to Negative carry
we've always did the Nov

What says NAT

Dan

Looks like volume on Jan is a respectable 10K contracts so enough action
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