Posted 1/2/2016 10:33 (#5005093 - in reply to #5004975) Subject: RE: Grain Marketing questions, anyone using Al Kluis?
Indiana
Ya I get what you are saying but what happens if your B/E is $4.25 corn? Do you hold out for a number that may never come and risk panic selling when the price drops? Should I be happy with just B/E?
The market did offer good selling opportunities in the summer of 2015. But I sold very little (20% of what i thought my crop was going to be) because I thought my crop was going to be terrible. Hind sight is 20/20 but at the time i thought I needed another $.25 out of the market to get to hit my profit goal. By the time I realized I had an okay crop the price had fallen below by profit goal once again.
On the other hand I had record yields in 2014. I sold 100% APH going into harvest. Since my yields were way over over APH I dumped a lot of corn around $3 cash at harvest because I was already over my profit goal.
As others have said the market doesn't care whether or not I make money. Just trying to learn like everyone else.
Grain Marketing questions, anyone using Al Kluis?
