Posted 2/22/2016 19:11 (#5130124 - in reply to #5126206) Subject: RE: 2016, 2017 corn highs, lows
w-Mn
So what do we do first? Get long to go to$4.96 or short to $3.18? Ideal scenario get long to go $4.96, pickup a $1.00 or so lift position, cash contact production at around $4.50 with basis. Get short futures to ride down to $3.18, pick up another $1.75. That nets out to about $7.25 per bushel. That should help the cash flow.