Posted 3/26/2020 14:27 (#8140658 - in reply to #8140571) Subject: RE: Ethanol plant managers
When futures prices are at 3.32 you are at the bottom percentile of the range and your risk exposure is very limited. It seems like the ethanol management is the ones showing their lack of knowledge. What is your risk going into the spring down .20? I would take those risk reward ratios anyway. It is hedging BTW not speculating. These are the same people that chastised farmers last May June July for not selling 4 dollar cash corn. You can’t have it both ways.