Holland, Indiana (SW IN) | FarmingMo - 1/15/2025 16:09
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.
I'm not doing that --When we get knocked out just sold them the bu up to that point times $5
Not the best downside protection and can double up IF price goes up
It's a game ----so is farming --don't do 50% of your Bu --It's a game not much protection
Dan |
New Crop Sales
