Mercer County, Ohio on the Indiana line | Got an email from Bunge that you can roll 2016/2017 delivery alliance advantage program contracts to 2017/2018 delivery as long as you lock in an equal amount of bushels for this year.
My price for soybeans is 10.52 January delivery when my alliance advantage price is currently sub $9.
Take the risk that maybe the soy markets smooth out this next year and money can be made trading them again -or- cut my losses to avoid further losses over the next year?
I'm a piss poor trader and I sold some beans for $9.10 this winter but I didn't sell ANY less than $9 and my alliance advantage contract(small enough) is currently less than that.
Edited by Forty2366 7/11/2016 13:25
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Anyone rolling Bunge's Alliance Advantage bushels?
