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| Buying back hedges is never a great idea unless you know for a fact that we are going higher. I have lost money doing that is all I know. Selling ahead is a good idea always but if we really have a problem you will have to reown to participate because crop ins. is not a great call option. I think we can go a lot higher if we encounter crop problems because of weather but if everything goes well this market could fall below 3.00 by fall. Spring should tell a good part of the story. | |
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I sold $3.00 Dec corn last summer
