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Sold Ahead?
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IowaGuy
Posted 10/1/2014 14:11 (#4103247 - in reply to #4103058)
Subject: RE: Sold Ahead?


Figuring 200 bushel corn, 70% hedged @ 4.80, 0% cash sold.
Figuring 60 bushel beans, 88% hedged @ 12.40, 12% cash sold @ 11.85.

2015 corn, 10% hedged @ 5.05
2015 beans, 30% hedged @ 11.00, 30% hedged @ 10.00

Obviously I feel good about my hedges at this time. I have to give credit to my grain broker for talking me into some of these hedges. I do not have RA insurance so I hedge to protect the downside. DISCLAIMER: My broker does not make me money every year, in fact usually loses a little.
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