Price Risk
Old-Crop and New-Crop Price Gaps
Old-crop and new-crop prices answer different seasons. A wide gap is a clue about nearby tightness, not a promise.
Tag
2 posts tagged "futures spreads".
Old-crop and new-crop prices answer different seasons. A wide gap is a clue about nearby tightness, not a promise.
Rolling a hedge moves it to a later month. The spread, the bushels you still have, and the contract clause all matter.