Do not sell calls uncovered and do not fear market. Hard to market at this juncture, something should have been done before. I bought some SDNC Oct puts for soy at $9.60 before the report for my beans I will harvest starting Friday-Monday. Forward contracts are for winter delivery and those are sell across the scale bushels. So I wanted to protect in case we were going to probe the bottom after the Wasde. Turns out, maybe we will. But it cost a dime for them, big deal. If I throw them away, that's awesome!

Make sure you include your full opportunity cost in walking it off the farm. Anytime I have included feeding out our calves, it only nets $30 more or so than just selling a 600# feeder and selling the corn. A 1,200 bringing $1.20 is $1,440 with 3% death loss is $1,397 per fat minus $150 in supplements and medications is $1,247. A 600 feeder brings $1.6 for $960 and 80 bushel of corn at $3.25 is $260 for an opportunity cost of $1,220. So feeding my calves out would net me $25 in the above scenario. It really has never made sense for me. Different with scales of economy of a feedlot with 10,000 head I'm sure.