Posted 7/28/2014 11:29 (#3989957 - in reply to #3989481) Subject: RE: thoughts on situation
academically speaking - you should only lift your hedges when the cash grain is sold. Otherwise you return to a price risk situation - unless as already stated you get another form of price protection in place for those same bushels. I'd ask - "what was the objective when you did the initial trade?", and then, "was this objective achieved?"