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Earlier this year a grain producer sold soybeans using futures contracts at $ 1 3 . 3 0 / bu for November 2 0 2

Earlier this year a grain producer sold soybeans using futures contracts at $13.30/bu for November 2023 delivery. Her expected basis for November is -$0.45/bu.
Now let us fast-forward to October. Assume that on October 7 the futures market is trading at $13.48/bu for November 2023 delivery and $13.52/bu for January 2024 delivery. Assuming his expected basis for January is -$0.35/bu, her cost of carry is $0.02/bu/month, and transaction cost to trade futures contract is $0.01/bu, check below all statements that are true.

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