Posted 9/29/2011 23:47 (#1984699 - in reply to #1984665) Subject: Re: Minimum price contracts
North Missouri
YOU ARE GETTING A CALL OPTION WITH YOUR CONTRACT. AND IT'S ABOUT HALF THE PRICE OF ACTUALLY GOING OUT AND BUYING ONE. IF YOU NEED TO SELL CORN OFF THE COMBINE AND THINK THE MARKET IT GOING TO GO UP THEN IT IS A GOOD OPTION. BUT IF THE MARKET DOES GO UP YOU STILL NEED TO CASH IT IN. AND NOT WAIT FOR IT TO GO BACK DOWN.