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Hedging HRSW in Minneapolis vs Chicago
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Mr.Grain
Posted 5/7/2024 23:00 (#10732716 - in reply to #10732046)
Subject: RE: Hedging HRSW in Minneapolis vs Chicago


Kornkrush - 5/7/2024 14:28

7.00 MWZ Put traded at .34 1/8 today



Traded or has an open interest?

18 contracts open interest isnt very liquid

If you want to trade MPLS it is much better using futures, if you want to buy a put it makes sense to buy CBOT puts if you feel that CBOT wheat is overvalued versus MPLS wheat

If you want to hedge it, then MPLS futures makes more sense then CBOT futures





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