In order to hedge the value of your soybeans before harvest, you sold November (new crop) futures

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In order to hedge the value of your soybeans before harvest, you sold November (new crop) futures at $11.43/bu. Your expected basis at harvest is -$0.55 cents/bu. What price do you expect to receive at harvest?

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Agricultural Economics

ISBN: 978-0136071921

3rd edition

Authors: Evan Drummond, John Goodwin

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Posted Date: May 08, 2023 01:29 AM

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In order to hedge the value of your soybeans before harvest, you sold November (new crop) futures

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Expected Price Futures Price Basis Exp... View the full answer

Agricultural Economics

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