Posted 7/23/2014 09:16 (#3981924 - in reply to #3981909) Subject: RE: October contract in beans ???........REMEMBER THE POST ABOVE
Central Iowa
The 1200 refers to the strike price not # of contracts. You may want to read more carefully to preserve your own credibility. Also he may be higher than a 75% coverage level and may have a trend adjust provision. Not defending him just think it's fair to acknowledge all variables.