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MT's Hedge Fund
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vulcan900
Posted 11/8/2015 17:51 (#4884875 - in reply to #4884466)
Subject: RE: The risk of "forward sales" is...


1234 - 11/8/2015 12:54 I cancelled some $10 soybean contracts in June because I wasn't sure I could deliver and it turns out it was the correct decision.


I think you need to figure out what your options are if you end up short and possible start selling your crop in a different way if you think lifting a $10.00 hedge was the right thing to do before beans actually went down to $9.00 or under. There should have been plenty of ways to handle a $10.00 hedge this year that would of profited you plenty.
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