Corn Spread - Newbee Question

Discussion in 'Ag Futures' started by Ze_German, Mar 12, 2012.

  1. Ze_German

    Ze_German

    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
     
  2. TraDaToR

    TraDaToR

    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.
     
  3. Ze_German

    Ze_German

    Thank you very much