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SE Iowa | Get them sold...if feel that I am wrong then buy a short dated Aug call to protect...Got to protect now..
We planted 89 M acres last yr and under this usda plan this is the max acres that could go to beans. I am not saying this will happen but I don't think the market has this figured out yet.
Guys need to do the math with $2 vs PP but this is the risk that is ahead of us. Rev Insurance and arc/plc payments will come into it too
SH 2020 trading @ 8.72 Not saying do it today but consider doing something.
These are the cards we are dealt and now we gotta play with them. | |
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