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Fontanelle, IA | Based upon your posts and prognostications on soybeans, I am guessing that you are the "bear" equivalent of a Texas hedge?
1. Hedged and sold to your max 85% of aph on soybeans as far out as you can hedge. 2018, 2019, 2020 crops.
2. You've sold a crap load of calls over the current board just to collect all the premium from all the ignorants.
3. You've sold a fair bit of cash beans to take advantage of a good pre-chinese soybean tariffs basis.
Tell you what, if you still have unpriced beans growing out in the field, I'll take them off your hands right now for $7.01 per bushel. ($9.34 - 25% = $7.01). I don't want you to worry anymore about beans..... | |
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I've been reading thru...
