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RE: Revenue Fall Pricing Protection
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Citi Farms
Posted 9/23/2014 17:17 (#4089765 - in reply to #4089749)
Subject: RE: Fall crop insurance strike price


Good point on the post October need for price protection. It is too late to change what was or was not done in the past but I listed the reason's I feel we could have a bounce in price. A lot of what goes on in price movement is about money flow and I listed some reasons the investment funds just might - and I mean might - want to take a stab at a long position. We have fallen from $5.15 on DEC 14 Corn to $3.25 or by $1.90. Following this large drop, they might see an opportunity to ride it back up a ways. A $.60 rally from here is not even 1/3 of the price drop.

Also, I am not a commodity broker.

Using the calculator provided with the link in these posts, it shows I may get over $2.00 a bushel in a Revenue Payment this year. A lack of rainfall at a critical time lowered my yield 30 bushel below my APH level making the need for not losing this amount a personal reason to do this.

Edited by Citi Farms 9/23/2014 17:30
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