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NW Ohio | I concur with the general sentiment in this thread that corn doesn’t have any compelling reason for much further strength currently. But corn seems cheap compared to the investment it takes to produce it, and combined with the geopolitical climate, a story could develop.
Seems like the old Bob Utterback strategy of “sell and defend” is appropriate. Corn options have gotten more expensive since the conflict began but still not bad.
I don’t want to be aggressively or mostly sold out without some upside coverage. | |
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Crude to grain prices