East Central South Dakota | One would naturally wait till March 15, to see where we come in at with a revenue price with a revenue product, but bushel only could be an option if it comes in low and premiums stay high. Premium difference could be higher than calls ? ? We are definitely on the same page on concerns though. With buy up of the Harvest Optional price definitely gives you a tool to manage risk on price appreciation due to weather. If we come in with a 2.4 billion carryout will have to be some pretty significant weather if bears stay in control. Come March everything a producer does or has done over the years will be on the table to be scrutinized and looked at. Basis really dings us bad with a revenue product as the "revenue guarantee" becomes almost "theoretical" unless you can cash contract some bushels close to the future price set in February due to a rally after February. |
Crop Ins prices for 2015.
