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New Crop Sales
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FarmingMo
Posted 1/15/2025 16:09 (#11057370 - in reply to #11057361)
Subject: RE: New Crop Sales


NeMO
I know exactly how work. If you sign up 20k bushel and you get knocked out you owe them the entire 20k bushel whether 1 bu or 19,999 were priced before you got knocked out.

So if you get knocked out with let's say 1k bushels priced. Then you're still obligated 19k more that is unpriced and the market has dropped 50 cents.

Which company are you using for the accumulator? Yes there are some modified ones that have a guaranteed price below the knockout level and such. But I've never seen one that doesn't require the full commitment of bushels either way.

Edited by FarmingMo 1/15/2025 16:11
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