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Northern Illinois | I did not use him as I thought it would be awful expensive to follow his advise. This was for a livestock setup so we would do both the sale side and the input side. Their company recommended to always be 1/3, 1/3 and 1/3. Sold 1/3 sold, 1/3 put options and 1/3 unpriced on the sale side and on the input side have 1/3 of our needs purchased, 1/3 call options and 1/3 unpriced.. As I said it appeared awfully expensive. The positive was that a person would not get blown out of the water because regardless of if the market went up or down you would benefit on 2/3 of your positions and only have 1/3 at risk. | |
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What is going to change to cause someone to store beans this fall
