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| Let's just assume for a moment, that we have a $6 crop insurance gaurantee for 2013. Let's say we raise this ginormous 15 billion bu crop and prices go to $4. Now, if I'm forward contracted ahead, at say $6, I am going to add a $2 fall price "loss" onto that number, so, I am going to net $8 on my insured bushels that I forward contracted. 2013 is pretty much gauranteed to be another pretty good year if we at least raise a crop. | |
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Lamborghini Land
