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state fair drought rallys
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hedgefund farmer
Posted 9/20/2013 13:40 (#3339151)
Subject: state fair drought rallys


are a joke and need to be sold. This one proved that again.
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farmer in ontario
Posted 9/20/2013 13:59 (#3339178 - in reply to #3339151)
Subject: Re: state fair drought rallys


Ontario
Going straight to the bin. Let us know when you are serious about doing some business!
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IALTO
Posted 9/20/2013 14:24 (#3339195 - in reply to #3339178)
Subject: Re: state fair drought rallys


WC MN
I'm glad there are going to be people like you to hold on to this crop. Hopefully That will make basis work and the HTA's I have will become more valuable.
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farmer in ontario
Posted 9/20/2013 16:21 (#3339340 - in reply to #3339195)
Subject: Re: state fair drought rallys


Ontario

Glad to help out IALTO!

Hope it works out well.

For us, it is really just going back to the way we used to market corn!     

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IALTO
Posted 9/20/2013 16:23 (#3339342 - in reply to #3339340)
Subject: Re: state fair drought rallys


WC MN
It should work out great. I believe you have to adjust your marketing based upon conditions. In a situation where carryout is growing I do not think that binning it and waiting without a position will prove wise. I could be wrong but that is my feeling.
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9180
Posted 9/20/2013 17:12 (#3339397 - in reply to #3339342)
Subject: Re: state fair drought rallys


east central illinois
At this point, if you don't have corn sold, why would you be in any hurry? We are triggering a mighty juicy revenue claim now at aph yields, which I suspect we are at more or less. That's pretty much a free role through oct in my mind, why sell now and be wrong twice? If your point is it should've been sold previously, than no argument. I can't get real excited about selling 440 corn off the combine or spending a bunch on a 420 put. So what position would you take NOW to be more comfortable binning corn?

Edited for clarity

Edited by 9180 9/20/2013 17:17
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IALTO
Posted 9/20/2013 17:52 (#3339445 - in reply to #3339397)
Subject: Re: state fair drought rallys


WC MN
I agree. I would not sell now, but that does not ensure it will be higher later. I have pretty much sold what I have to sell and can store the rest, which part of is sold on a HTA.
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