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am I crazy?
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kritzy
Posted 10/23/2011 10:01 (#2016075 - in reply to #2015632)
Subject: Re: am I crazy?


red river valley se of fargo
First of all. "These basis levels" aren't that great where I'm at. In northern MN we're in the neighborhood of -60. What I meant about time to play is, where I market most of my corn, they have the focal point program. With focal point, you can reown as many bushels as you have contracted for $.03/bu. Then whatever you do, it is adjusted on you're delivery price. I guess it may sound stupid to those that are expert futures guys, but I'm just learning about the more "advanced"marketing strategies, and this one works for me. Would what I'm doing be what sometimes is referred to as "selling a crop 2-3 times?"
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