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Take PP on corn, don't plant to beans
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Boone & Crockett
Posted 5/14/2019 17:15 (#7497254 - in reply to #7497245)
Subject: RE: Take PP on corn, don't plant to beans

They can only hedge bushels purchased for future delivery. $3.60 corn could have turned into $3 corn and they sure can’t afford a 60 cent spec loss now. Eplants keep their cards real close to their chest. Yes they will buy and then hedge those bushels, but not take a naked futures position. Maybe that’s what you were already saying?

Edited by Boone & Crockett 5/14/2019 17:17
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