Alto Ingredients Inc (ALTO)

[kel3]

5,000 Bushels to Buy $27,500


10% of that to Hedge,& Hedging Costs Go Toward Purchase of Corn



Corn Futures Contract Size 5,000 bushel/Cost per Contract

Spec(per contract)

Initial $1,980.00

Maintenace $1,800.00

Hedge(per Contract)

Initial $1,800.00

Maintnance $1,800.00

Compare that to Buying @ $5.50 a Bushel

Buying Would Cost $27,500 for 5,000 Bushels

Makes Sence to Lock In Cheap Prices by Hedging & Hedge Costs Go Towards the Purchase of the Corn.

Or Contracts Can Be Sold.

I Hope They Hedged!