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Accumulator contracts
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Grhog
Posted 6/20/2018 19:21 (#6824378 - in reply to #6823723)
Subject: RE: Accumulator contracts


Se wisc.
Accumulator contracts may be different then doubler contracts. But I like doublers for 10 or 15 percent of production. Forces sales when I sometimes sit on my hands "hoping" things go higher. Two more days and the $4.32 contract on 8000 bushel expires. But the .30 premium on the first 4000 stays. Helps to bring average sales price bove $4.00 at the farm gate. Without this premium incentive I might have been sitting on more inventory of both old and new crop. But to each his own. Selling any bushels at a market premium is a plus. Helps to have gambling bushels to play with and selling another 8000 bushel at $4.32 would be fine with me even if corn went to $5.00.

Edited by Grhog 6/21/2018 07:35
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