sw ontario | John Burns - 1/29/2016 12:05
Several years ago, used to use futures to price grain ahead a fair amount. Kind of swore off of using them
John
John , interesting too you are a flat pricer ,, after fooling some with futures in early '80's and then options later it didn't take much in margin calls for me to decide that risk is too high for me too feel comfortable with . Having wheat priced on futures and no basis locked in and $CAD getting stronger in late '07 early '08 sealed the deal that I want to be flat,cash pricer too. Also seen more guys lose a farm trading futures than buying another one. |
$ smoking - grains and beans up? NT
