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?