Posted 9/12/2017 13:10 (#6243354 - in reply to #6243320) Subject: RE: Final proof charts don't matter
moline illinois
He didn't sell 70% of his corn for 2016 for 4.45 cash. That was the high on the futures price before the crop was made with no basis, yes could have sold futures for the following year but that is very risky and not practical for most. Especially for that amount of production given the size of the crop.