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IN | I assume this is if you can’t hold the crop over? If I was in that scenario I’d dump it all now at this price and take the cash and buy back paper when you think the low is in to participate in moves higher than where we are now if that is where it goes. If I can hold it over I’ll be sitting on my hands happily holding it until April-June next year in the event of any corrections in yield or hiccups for the 26 crop year. If there are must move bushels in January for cash flow reasons, forward contracting here we can still get just above $4 cash. Either way I’d like to have some skin in the game maybe at least 50% of production bushels to use next year of the 2025 crop. I’m in the camp of let’s test the lows and bring it down like they are trying to do so we can turn the boat around and head the right direction. Just because a big crop is out there doesn’t mean harvest will be timely. Seen lots of big crops turn into mediocre ones from untimely harvest and rains. Every week in the field you can just figure 10 bushels in the field on corn and 2-3 in beans. We’ve been dry for the last 3 harvests…something is bound to change that trend. Nothing like getting a big crop out in the mud… | |
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If you believe
