Market Information
December 22, 2023 |
ATI Newsletter 2023 - Week 51
The premium of deferred corn futures contracts, or market carry, is higher this year compared to recent years. Futures prices offered for 2024 delivery are not guaranteed to be at today’s level as the crop year proceeds, however, with market erosion possible if no major supply or demand surprises are seen. A variety of risk management tools can be utilized to “lock in” the current market carry, while also providing the flexibility to participate if a price rally develops.
