RCR - 1/17/2016 15:18

Havent been able to afford being bullish since mid 2012.

Selling 2 years ahead has been very profitable here. I am half sold for 4.22 and 9.35 for 2016. Took PLC to cover the balance. My problem was I stopped selling during mid 2015, see my opening line.

I keep hearing bad stories about bad balance sheets in ag land. I have see why with new steel rolling up and down the road while I continue to scrape by with my mid 90s junk.

I am one of the few hoping for lower prices, more profit due to lower input costs, machinery and less fellow farmer competitors. Looks like excellent time for expansion and upgrading machinery.

I dont wish ill will on my fellow farmer but the problem with most balance sheets is looking at you in the mirror every day.