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U.S. Commodities president Don Roose says corn and soybean futures are falling as harvest approaches and advises farmers to store crops and use forward sales or options to capture better prices later. He notes corn carry of 27 cents from December to July.
A wide corn carry from December to July gives storage holders an incentive to hold grain, which could limit near-term harvest selling pressure on feed grain prices.
brownfieldagnews.comMark DorenkampAug 31, 2017Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
