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| We grow a lot of alfalfa and that is still profitable. Cotton is relegated to a rotation crop. But for 2015 it is going to be tough to even accept that as an option. The hedge timing was last spring...it seems like a long time ago today. So far as futures; I am in long positions...selling 60 puts and buying 65 calls. With our costs today, these are the 40 cent prices of 20 years ago; they didn't last long because of the question I asked yesterday. Who can grow 60 cent cotton? Is there less risk in growing it with the market?
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