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If you hedged next years crop, should that make an impact on what you actually grow?
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zmracing
Posted 9/6/2017 18:52 (#6232963 - in reply to #6232843)
Subject: RE: If you hedged next years crop, should that make an impact on what you actually grow?


west central MN

If you have a hedge that is profitable and want to switch it to a different crop it doesn't matter to the government if it was a hedge or not. You will pay income tax on a profit whether it is a hedge or speculation. If it is a lose then you will probable stick with the original plan and plant the crop that you hedged.

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