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House of Cards?
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Art Swannack
Posted 8/31/2007 10:43 (#196231 - in reply to #195770)
Subject: RE: Adding another story to the house (of cards?)



Yeah, I'm trying to decide the same thing. Local net is around $5.10/bu here for soft white wheat. One thing good about the price going up yet, it increases the price level on the CRC policies (they get determined in August here for fall planted wheat). That said, I'm still not sure about all the details of CRC insurance. Agent said it had a $2 upside potential limit, how about downside. If Portland wheat goes from 7.80 to 5.00 am I still covered for the 75% level?

Art
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