I feel the same way about being more concerned about 2014 then I am 2013 but every time I think I should sell some 14 crop I end up selling more 13 instead. I seem to have trouble selling the inverse from 13 to 14. I feel that it is easier to protect the 13 crop sales with some out of the money call options and if prices go down for the 13 crop then I think the inverse will go away and if we have a big crop in 13 we should be able to roll the 13 sales into 14 with a little carry. However if we have a short crop in 13 then hopefully the calls will help me make more money on the 13 crop and then it should pull up the 14 futures a little bit too. |