Blue Grass (Eastern IA) | What should be done to protect these corn / SB prices right now? My APH is 172 corn @ 85% and 58 SB @ 80%. I have sold 100 bpa of corn and 25bpa of SB. Having trouble selling more, as crop is shrinking daily, don't want to be oversold. Should I be selling up to guarr. and let crop ins. pay if i'm short on delivery bushels? Thought about buying $6.90 puts and selling $8.80 calls. Would this be the play to protect the fall ins. guarr. from dropping? Any suggestions?
TIA |
Options to protect crop ins.
