| Alright, consider this. If you are willing to put new crop sales in place. Haul the beans, cash the check, buy a July call at a strike price near the money so you move basically 1:1 on a potential rally, sell calls in the 2024 crop at something like a $12.40-12.60 strike price. You will have ownership of 2023 crop after the bins are swept, and have an offer in place that converts to a hedge of new crop at a price that doesn't suck if it executes. and have not very much monies out of your pocket to implement the position.
If I gave better free advice, I would have told you to sell everything the day you parked you combine last fall. |