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Dec 19 HTA's
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Farmspec
Posted 6/13/2019 06:11 (#7556289 - in reply to #7556194)
Subject: RE: Dec 19 HTA's


SE Arkansas
Don’t worry about it and deliver your crop against the position. If we have a short crop, the basis will probably improve. You’ve sold 35 percent, you have 65 to go. Keep selling into a rising market as you feel your production numbers are coming to fruition. If you are worried about total crop failure, cover your 35 percent HTA with a $5 call option. Your other option is to close your HTA and pay the Elevator 40 cents a bushel.
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