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wheat basis contract

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    wheat basis contract

    I still have a portion of my bpc left to price. At the current futures prices I am about the same payment as the 90% epo. Not very good. I am not sure whether to try rolling them to may or to just buy them out and go with the board prices. The wheat market sounds so bearish right now, I'm not sure if it would be worth rolling. I believe that I can by out my contract for about $4.50/tonne. Going to do what suits me best, but still would like to hear others opinions.

    #2
    Roll, roll, roll your contract
    Gentlely down the stream
    Watch your money disappear
    It's a brokers dream.


    Not sure what I'm trying to say, but that poem just popped into my head, set to music, if you can believe that.

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      #3
      The poem is SO true.

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