Columbia Basin, Ephrata, WA | So he is human and makes mistakes. Sounds like the same end effect as whet we did last year.
We had a lot of corn hedged off early, dumped all the hedges in early June just before it took off. Watched it rise, placed then removed some hedges in the high 7's fearing margin calls, then watched it fall, ended up selling a large % at harvest in October. Still made a pile of money in '12, but hindsight always reveals the mistakes, and it turns out everyone makes them.
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