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Northwest Iowa | You clearly don’t know how accumulators work if you think when you “sign up 20k and you get knocked out you owe them the entire 20k whether 1bu or 19,999 were priced before you got knocked out.” Don’t paint a brush for all of the types of contracts you can do. Most people, including myself, don’t even understand all the types of accumulators that can be written. So many options with that tool.
The good ole accumulator talk. When market goes down everybody comes out of the woodworks and how great they are because they got x priced a $1 above the market a % of their production. When market screamed higher 2 years ago the grow it, bin in, sell it guys came coming on how stupid they are. They are a tool in the toolbox just like: HTA, basis contract, futures, options, cash sales.
I use all my tools at different times. They all have their place | |
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New Crop Sales
