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As a farmer, why sell 13 crop until I know insurance numbers
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Sodbustr
Posted 9/8/2013 13:20 (#3315547)
Subject: As a farmer, why sell 13 crop until I know insurance numbers


Western Iowa
This might be a rookie question, but a little background..

I typically aggressive forward sell when I see my target net per acre. Been spanked the last couple years so this year not a kernel of corn or beans forwarded.

With all the volatility in the market, and fears of a very short crop, I am still sitting.

For the last month or so I have decided to wait and see what the fall insurance price will give me and maneuver from there. For those that have done it as a producer it reminds me of the LDP days and trying to pick up a 0.25-0.40 on a short rally.

Anyone tell me why or why not to sell until I know the revenue number?

Edited by Sodbustr 9/8/2013 21:44
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