northern edge of north central Missouri | IADAVE - 6/26/2024 11:20
Anyone thinking of selling your cash beans and buying 24 March futures?
Any thoughts are welcome.
Right now that would put my cash price at 30 ish over the March. Plus roughly .30 in interest.
If you believe July/august weather will be detrimental to 2024 soybean yields and want to bet some potential money on it, you could cash beans out and reown sept or nov 24 giving you until end of august or end of October respectively.
Both months are cheaper than july/aug 24.
Owning soybeans be it physical or board will require guessing correctly when to enter and exit the position in order to be better than selling and walking away. Requires luck soooo good luck
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Selling beans
