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What to do what to do?
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zmracing
Posted 9/21/2014 22:15 (#4086865 - in reply to #4086743)
Subject: RE: What to do what to do?


west central MN

There is some risk in selling now if you don't have any sold yet. If you have good insurance and the price goes up you could lose your insurance but if the price goes down the insurance payment gets bigger. It works the same way with the farm program, if we ever get signed up for it. If you sell now and the price goes higher you lose out on the higher price and also the insurance guarantee and possible the farm program. Setting a price will be more important after the insurance fall price is set in October. If you want to sell and you can capture some of the carry it might not be a bad idea to buy some calls now to protect your sales and the crop insurance.

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