central - east central Minnesota - | Dockman - 8/27/2013 12:46 I bought put options back in april on corn and beans, as the market dropped I rolled them down and banked the money. We will have very poor corn 45? and beans 10? I am wondering at this point should I just close out my put options and bank my profit since I don't really have have a crop to price protect? Thoughts?
My thoughts - any time a guy can bank profits, it's a sure thing. I never have a problem accepting sales (cash grain or commodity profits) . .. I do have a hard time with "shud'da, could'da and would'da" . . . shud'da cashed out, etc . . .
I'm not greedy . . .I like reasonable profits and can live with them. I've hit a couple home runs, but I've hit far, far more singles and doubles in my marketing life time. |
Bail out
