Posted 7/12/2019 07:08 (#7610196 - in reply to #7610181) Subject: RE: Selling spot corn
SilverClayON - 7/12/2019 18:02
If he was able to roll for the .30+ cents offered earlier and we get a big inverse he can pull those contracts back and add more yet onto his sale and still be at very profitable levels.
As long as he does those things, and depends on how far he’s in before he decides that the ship is sinking. Then after it’s said and done he just as well took a winter vacation and delivered his corn in the spring and summer to the spot market.
I guess all i’m doing is Pointing out that every strategy has it’s pitfalls, and that his isn’t quite the slam dunk as he portrays.