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Ze_German

Registered: Nov 2007
Posts: 2

03-12-12 06:30 PM

Why is Sep. Corn trading ~50 Points lower than Jul. ?

Can´t be just the costs of carry as this spread ist not the same in all months.

thanks

Ze_German

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TraDaToR

Registered: Dec 2006
Posts: 3824

03-12-12 06:53 PM

March, May, July is the old crop, September is "intercrop" and December is the new crop. December is way lower because people are anticipating larger corn production for next crop.

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Ze_German

Registered: Nov 2007
Posts: 2

03-14-12 07:29 AM

Thank you very much

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