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Latimer Iowa | In Jest..... Does this loss get credited to the bin or the board? 5 days, we need a refresh**** Or does pulling money off the board not count as cash in? Or does it count only when I left my board positions/sell the grain in the bin? That darn bin just lost me 70 cents a bushel**** There are a number of posts in that previous thread that could be quoted that look foolish or smart depending on if the market is up or down.
The market could easily go up the limit tomorrow, wouldn't surprise me, but whether the crop is in a bin, or on the board there is a gain or loss, a winner and a loser, a buyer and a seller.
Just have to know your margins and sell when there is an acceptable profit and be happy with it. If it presents itself, the beauty, or devil, of 95% crop insurance, is that with the board and not a bin, if desired, positions can be lifted and reopen the top again after a 50 cent gain from the price returning to close to crop insurance guarantees. Sell the rallys, reown the valleys, let crop insurance guarantee your bottoms. Not speculative if your never sell beyond your production at an acceptable profit level.
Pofarmer
Posted 3/11/2026 20:33 (#11581703 - in reply to #11581673)
Subject: RE: Storing Soybeans from Oct 2025 to Today Quote Reply Alert
"The board is no more or less risky then unproved grain in a bin. "
I disagree here.
Losing money on grain in the bin is really a "speculative" loss. That also comes and goes. Until I sell the grain, there's no actual loss.
Margin calls, or money paid on options is money out of my pocket, right now.
Risk is kind of relative to your cash position | |
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Down .15 corn and .50 beans
