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Very little chance for price recovery. Why buy Fall price protection ?
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Walton Farms
Posted 3/12/2019 22:10 (#7376770 - in reply to #7375204)
Subject: RE: Very little chance for price recovery. Why buy Fall price protection ?



SW Indiana
Baby Bull - 3/12/2019 09:27

Fall price paid huge in 2012. If we have a short crop nation wide the fall price will easily beat the spring price. I have a friend that was told by his agent not to pay for the fall price protection. He was out thousands of dollars that fall. Take fall price option.


I was one that didn't take the harvest price in 12. That was an expensive education on crop insurance. You NEED the harvest price option when prices are low. The time to let it drop is when the spring price is astronomically high, like in 2013.
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