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SC Iowa | yes, Cargill closed four hedge funds....details in this article
http://www.startribune.com/cargill-s-black-river-closes-four-hedge-...
if I am in your part of the world and need to buy corn for your feeding operation----when you can buy it for $3.25, that would seem to be worth the risk/reward even if it would get cheaper.......
If you have significant cash rent obligations in fall of '16.....given the current global circumstances, having some corn hedged at $4 or higher in the December 16 contract seems prudent to cover some of those obligations
take care out there in the western part of Iowa
Ray J | |
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Iowa crop district corn production
