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South Central Iowa | I actually have all of my production in $4.00 short-date September puts. I bought when we were at $4.14. It was more of a suggestion for other people who have yet to do anything.
I do believe that we might have a worse crop than the trade believes, but I think we will go down before its realized. If we get down deep into early August, say 30c or more down from here, may go long against those puts if it looks favorable and we have technical support. | |
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Ride the rocket....
