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Time to buy back 2016 corn?
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GOMSK
Posted 3/6/2016 18:18 (#5159642 - in reply to #5159563)
Subject: RE: Time to buy back 2016 corn?


Too many think it's time to buy...just my opinion. But then again nor am I wanting to sell the low. I too am looking to lift dec hedges on 100% of production but will be picky about where I do it. Just the luxury a person has after being sold ahead each of the last 4 years. I am willing to be wrong this year if it means higher price next year.

I keep editing.

The more I think about it the level I have sold, 4.13-.30 ish, I only have slight basis risk with no price risk. So the more I think about it it should probably depend on where you sold and your cost of production and how much you are willing to risk.

Edited by GOMSK 3/6/2016 18:40
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