Posted 11/1/2012 20:34 (#2672963 - in reply to #2672851) Subject: If a producer sells 25% of their '13 corn for $6 cash today, can this cause them to lose the farm?
SD/ND/FL
I'm all ears. Please use objective math so I can learn.
Edit: I have 55 bpa sold at an approximate cash price of $5.95. APH is 135 and worst corn yield in the last 20 years is 74 bushels. I also bought the equivalent amount of Dec '13 $10.00 calls for $.0375.