Quoted Units: US cents per bushel Initial Margin: $3,375 Maint Margin: $2,500 Contract Months: Jan, Mar, May, Jul, Aug, Sep, Nov First Notice Day: Last business day of month preceding contract month. Last Trading Day: The business day prior to the 15th calendar day of the contract ...
” says Brian Splitt of AgMarket.Net. “2020 saw the price of crude oil trade at -$40 per barrel, and I have been humbled by the market numerous times. So, to say we can’t see those prices is foolish. Whether it is likely is another question.”...
Thecorn-soybean spreadis the number of bushels of corn needed to buy a bushel of soybeans. When the ratio is below 2.2:1, corn is historically expensive, while a ratio above 2.4:1 signals historically expensive soybeans. What Drives the Price of Soybeans?
It is currently August and the spot price of soybeans is 6.02/bushel. Storage costs for soybeans on a continuously compounded basis are 0.39/bushel annually. The appropriate continuously compounded interest rate is 8%. If a soybean farmer has just finished harvesting his crop but would like to...
C. $6.14/bushel and the February futures contract price is at least $6.27/bushel. 正确答案:A 分享到: 答案解析: Calculate the price of the November (3-month) and February (6-month) forward prices using the following pricing formula which accounts for storage costs: Storage costs (λ) ...
The average corn price is estimated to hit $4.99 per bushel for the current crop year and $4.74 for 2024/2025. The high range of the estimate for this year is $6 per bushel, with a low of $4.25 per bushel. Soybeans are also expected to trend lower, with an average e...
Tick Size: 1/4 cent/bu ($12.50/contract) Quoted Units: US cents per bushel Initial Margin: $3,375 Maint Margin: $2,500 Contract Months: Jan, Mar, May, Jul, Aug, Sep, Nov First Notice Day: Last business day of month preceding contract month. Last Trading Day: The business day prio...