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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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