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Aggresive seller of 2017 New crop Beans????
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Ben Riensche
Posted 1/28/2017 13:06 (#5800209 - in reply to #5800185)
Subject: RE: Aggresive seller of 2017 New crop Beans????


Jesup, IA
I'll just state my opinion, hoping to get flamed, so that I can correct my ways.

I am in agreement with your outlook, and in the post below re:Market to Market, it just looks like this could get ugly later on.

But I can afford to grow $10 new crop beans. This makes put options attractive. Maybe lighten up your position once the crop insurance guarantee is set?

Certainly, this stance will bring torrential rain in SA in about a week, and the massive long fund position will look like the smart money.
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