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Today is December 1 , 2 0 2 4 . You have 1 0 , 0 0 0 bushels of Corn left to market. The

Today is December 1,2024. You have 10,000 bushels of Corn left to market. The local Cash price is $5.95BU at your local elevator on December 1,2024. The March 1st2025 contract has a cash price of$6.25/BU. Your local elevator charges $0.05/BU for storage a month and 3% interest. would it make sense to sell your grain in December or towait until March 1st? Show your calculations.

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