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southern MN | The market can go up, or the market can go down. We don't none of us have that crystal ball. Maybe at harvest time $6.50 will look good. Some of us might be kicking ourselves then for not having more contracts from a couple weeks ago....
Anyhow, seems futures type contracts are for trading & playing with the way you want to do. The futures are all on paper anyhow, no real grain need be involved.
Actual grain contracts are more of a one way street - enter it, & deliver. For many. It involves real bu of grain.
Buying those back tends to be expensive & a bit messy. If you were happy with the 6.50 back then - locked in a profit for your work - then what do you gain by exposing yourself to risk again, after a lot of expense to get the risk back?
If you want to lock in a price on real grain that you can live with, do contracts. Many people view them as pretty ridgid. A real buyer looking for real grain. Always selling them out can be viewed as a negative by some.
If you want to play with the ups & downs of grain, futures paper contracts might be a better option for you.
Not complaining on what you asked about, just explaining a bit the reaction you get?
--->Paul | |
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could i do this
