Texas/New Mexico Stateline | I don't really want to act like Monday Quarterback, but this spring showed a lot of signs of the crop getting put in on time, in good conditions, more acres, etc. combined with adequate supply. $4.25ish was the top of the history of the contract. If a person didn't at least sell some of their expected crop when it was in that range for several weeks, I can't really feel too sorry now.
Sure at the time (and even now) a person could speculate on a drought or extreme heat yet to come, but I would rather make decisions based on what we do know, rather than guessing. And all the things in the first paragraph are things we knew a month ago.
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Is there a rally left or are we done?
