Posted 11/1/2012 09:29 (#2672165 - in reply to #2672029) Subject: Re: Anyone entertaining the idea of selling 2013 crop yet?
Correct, I hedged around $6.40, have not set basis yet. This far out can be tricky with basis, I will not set basis for a long time. I think the basis I could have locked was around .20 under. But we are in a strong demand market (lots of feeders, a rapidly expanding group of dairies.) So technically, I was selling$6.20 cash Dec' 13 corn.