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SC Iowa | Dec corn is 5.16.....Dec 11 peaked at 7.75+??
with so much uncertainty, what would be bring with purchasing 25% of expected needs??
then, you may want to consider selling puts on another portion which would do two things:
1) force you to buy it lower if the short puts go "in the money"
2) provide income if you don't get forced into "buy lower" strategy
you can sell $5 Dec puts for 32 cents today....
with cash sellers reluctant to price, you very likely have to focus on futures/option based strategies in short-run.. | |
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