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Pre selling new crop
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33SDJackMerch
Posted 7/23/2014 10:24 (#3982008 - in reply to #3981374)
Subject: RE: Pre selling new crop


Twin Cities
This is all against expected yields. Wouldn't be surprised if those percentages increase due to yields come fall. Haven't sold new crop for a few years. Bin 100% of crop at harvest and typically have sales on throughout the spring/summer.

Not in love with the current futures or basis. Hopefully we see a rally in 2015. I would like to think that if we didn't have bins we would have sold everything back in April, they are a blessing and curse.

14-15 Corn 50%
14-15 Beans 100%

15-16 0% corn/beans
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