I can't help but be tempted to do it again. I hedged half of what I now expect my production to be in late May. I unwisely lifted those hedges in June (for no reason other than just a gut feeling really). I got a chance to re-hedge without hedging lower than where I got out and did so late last month. Finally I rolled for $0.12 from Dec to March. This puts me at the equivalent of being hedged on half of my expected production at $4.36 or so (by the time you account for commission on trades) on the March. I was looking at charts again today and this fork just really stuck out at me like a sore thumb. I'm not saying it's what I'm going to do. It's just what was sticking out at me initially. I need to study more and look at the longer term (and shorter term) context but at first glance I'm just not sure I still want to have that much of my grain sold.
Edited by dpilot83 8/30/2018 17:49
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