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Am I the only one who fills my forward contracts if the market goes up?
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kagen
Posted 11/15/2012 22:44 (#2699661 - in reply to #2698985)
Subject: RE: Am I the only one who fills my forward contracts if the market goes up?


Panhandle of Ne.
Delivered 250k bu. this year for 2 dollars under the current price on the elevator board. Never said a word or complained about it. Nobody made me forward contract and I was very proud of my contracts when locally it got down to the 4.50 forard contract price before the main part of the drought/heat hit. I'm still of the belief that we were only 2-3 inches of timely rain in parts of the cornbelt from seeing 4 dollar corn. I was taught honesty by my folks and have tried to always do business that way.

But, that 127k bushels of overage I sold for 7.65 sure was nice!!!! GRIN
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