Posted 2/2/2021 12:07 (#8801611 - in reply to #8801384) Subject: RE: Prices dropping will not slow demand
That is part of what makes the oc/ nc spread dangerous. The old crop futures will be declining in volume, the commercials won’t have anything to do with the July, as their bid will be basis new crop futures, and spread traders will have their nuts on the chopping block every day.