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Red River Valley | If you took advantage of the $7.00 plus prices that were offered last fall.
Then you could make the case for a desire to see sub $3.50 cash this fall.
works like this say your aph is 180 and you went to the 85% coverage level you G-yield is 153 your spring g-price is $5.68 making your revenue guarantee - $869.04 lets say you raise a slightly better than avg. crop at 200 bpa and prics drop to $3.50 your revenue is figured at 700.00 per acre and you will receive the difference between your G-revenue and the fall harvest price that would be $169.04 per acre on top of that you could have sold 160bpa at the $7.00 which gives you 1120.00 per acre plus the 169.04 for a total of $1289.00 and you still have 40 bpa to sell later.
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Market is depressing!!! Not looking anymore!!!
