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Iowa | Help me out here guys - as I've said before i'm younger and getting started. Looking at 2012 is really getting me nervous. At the local e-plant you can still get 5.15 for october delivery - more if you store. As a younger guy should I start aggressively selling to cover my inputs (which I'm prepaying now) or ride it out. My big concern is $5 corn is not good compared to where we've been but I cannot afford to go to $4 - if it goes to $6 and I sold at five I can still pay mr banker. I've always sold ahead this way and gotten burned the last few years but it has allowed me to sleep better. Curious as to how many hedge their inputs and at what rate. | |
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2012 production
