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Here's a trend line for ya...
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dpilot83
Posted 2/11/2019 12:52 (#7313687 - in reply to #7313633)
Subject: RE: Here's a trend line for ya...



You are probably right on having some decent safety nets. $3 futures means $2.80 or worse cash price though. $3 cash price ($3.20 to $3.30 futures) would be extremely painful for me with normal yields.

I have set my futures price at a little over $4 on about 3/4 of my APH. Somewhere between $4.50 and $5.15 futures I would turn that into a fair amount more than my APH. At the top end of that range I would sell multiple years no matter how scary the margin calls might be.



Edited by dpilot83 2/11/2019 13:20
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