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The absolutes of COP, and fallible price direction guessing game...
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white shadow
Posted 9/15/2020 09:23 (#8496776)
Subject: The absolutes of COP, and fallible price direction guessing game...



I very seldom post on my opinion on price direction, simply because I don’t have a clue which direction it is going or for how high/long. I do know my COP and have a hard copy of my spreadsheets sitting on top of my desk, which I look at every day or so. I do know where my sales are profitable based on APH yields and where my sales aren’t so profitable. Lately the market has given me an opportunity to have Christmas after all (especially soybeans, corn still patient). Make sales based off your COP @ APH. It really helps in turning down the volume of price direction chatter———that can lead to bias contamination. The spreadsheet helps in maintaining your focus on the prize——which is a chance to do better next year.
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