West of Lincoln a little bit | This is my concern too. 2020 dropping into the $2 gives us a huge insurance revenue payment, plus PLC at about 10c, but that means 21 starts off LOW...
2021 insurance protection with a spring price in the high $2 or low $3 means basically no coverage if you factor in our likely expenses and rent. Don't we almost have to protect against that possibility? There isn't much to drive up the price from the $2 area a full buck back to high $3's like this year,,, especially in that short a time frame (harvest 20 to spring 21)...
next year looks like a disaster.
edit: would PLC save us in 2021? Formula based on $3.70 minus avg selling price in the low #s may help...
Edited by ruralHusker 6/24/2020 11:32
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Not so Concerned about 2020.....but 2021.......
