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you guys better be buying calls on those sold beans
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Posted 12/22/2007 23:39 (#266527 - in reply to #266369)
Subject: Re: you guys better be buying calls on those sold beans


With the carryout at 180 all we will need is a weather issue. But we have to get through the acreage fight first. I think we're going higher on corn and beans, maybe a lot higher. With that said, I sold most of my beans at 10 and a lot of my corn at 3.70. Had bills to pay and obligations to fulfill and with the crop we had those prices gave me a stand up triple. Just couldn't pass it up. My quandry now is this. Do I buy calls because I think we might really "blow the roof" or do I just remain fat, dumb and happy with the profit that has been made? Thoughts? Thanks.
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