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| 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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