NEMO | So Steve, as a comparison, would a 5% drop in the price of beans(70 cents currently) be immaterial also? A 5% sale today could add up to to alot of dollars as compared to total revenue from the bean crop. Example: I raise 20,000 bushel of beans and late last August I contracted 5% for $17.50/bu. Today that would be about $4,000 advantage. $4,000 on 20,000 bushel of beans is 20 cents a bushel. Is that immaterial? Just askin. |