|
North Central Illinois | It doesn't matter when you sell the crop. At the end of the day a sale is a sale. I sold some 2015 crop back in 2013 and it will be figured into my 2015 records just as if I had sold it off the combine this fall. I understand your point too. Selling corn off the combine last fall would have netted you much less than you could have gotten later. If you didn't have crop sold last fall even commercial storage paid pretty well. Raising the crop, throwing it in storage, and hoping the price goes up is a shaky marketing plan at best. Sometimes it is the right thing to do but there is much more to it than that. Basis is king. | |
|
July 4th Corn price reversal.
