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Would buying heating oil futures be a hedge for #2 diesel ?
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Cornstalk1
Posted 2/9/2019 15:33 (#7309325 - in reply to #7307642)
Subject: RE: Would buying heating oil futures be a hedge for #2 diesel ?


Midwest
Yes Contracting fuel probably wont make any difference in your profitability. My experience with contracting never was very good. You come out ahead half the time and come out behind half the time. Maybe contract enough fuel to get you through the summer and then look at the market again for fall.
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