Posted 4/12/2019 19:58 (#7436045 - in reply to #7436028) Subject: RE: Dec 2020 Corn
I am with you whole heartedly. I sell seed and have told customers to look at 2020 corn bc I got guys switching some acres to corn this year and they aren’t going back to beans next year if their stairing at a crappy bean price this fall.
Dec 20 touched 4.18 back in November so I placed a sell target their so hopefully it hits. If it rally’s up sell some more at 4.23, 4.29. If a guy has bin storage a guy can roll the contract and add some value. We have some 4.40 accumulators going which have worked awesome really has added some value. Not a good time to be guessing the grain markets. Get it sold at profitable levels and move on