Texas/New Mexico Stateline | dpilot83 - 9/6/2017 18:27
That being said, buying your production back on the futures market is definitely nowhere close to the same as having said production in your possession. I know this from personal experience, lol.
Buying your crop back on the board or holding it in the bin are both speculative aren't they?
As to the original question, I am a strict hedger. I don't speculate with the futures market, so when I sell I either have the crop growing or I intend to grow it.
That is my personal rule.
I also hedged a little bit of 2018 wheat on the spike this summer, but I would have planted some regardless. I wouldn't have hedged though without intentions to plant.
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If you hedged next years crop, should that make an impact on what you actually grow?
