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Question about corn sales...
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Pat H
Posted 8/29/2016 12:18 (#5497111 - in reply to #5497054)
Subject: RE: Question about corn sales...


1. Potentially good basis - basis might get pretty high for a while if elevator storage gets used up with a big crop (or at least folks have the impression that we will run out of space - the reality of the situation matters less)

2. Financial situation - Keeping taxes stable is a good idea and sometimes in a high expense year, taking more income helps (and helps pay for the stuff).

3. You are convinced that it's all down from here and a $2.93 sale looks good compared to $2.43. Maybe go all out and buy a put because you know it's crashing.



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