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24-06-2024
Business

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You sell 25,000 bushels of corn to a feeder at a basis of 10 MAR. The feeder does not use futures and has agreed for you to set pricing upon the execution of your futures order. What futures order do you enter to execute pricing of the corn to the feeder? Enter a day order to buy 25,000 bushels of MAR corn at 10 MAR. Enter order to Sell 25,000 bushels of MAR corn at the market. Enter an open order to sell 5 contracts of MAR corn at $6.50. Enter an order to buy 5 contracts of MAR corn at the market.

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