|
South Central Iowa | We are near the top of the range. I would put an order in 3-5 cents above to sell and probably take it before the report.
If you are looking to capture a breaking of the range because of the report, might put a long order in at $3.71 March or $3.84 July. I would prefer $3.84 July. If we do break high side of the range it could have some legs. I would think $.15-$.20 or so. If that does occur and you are long, look to take profit on the pop. It might not last long if it does occur.
Edit: I think order above because I also think the report won't have much good to say; just a reminder we have a lot of corn. You could reown lower if your into that. Order above range is to capture part of a surprise.
Edited by Conan the Farmer 1/9/2017 14:41
| |
|
Thinking About Selling Some Corn....
