Posted 2/21/2021 12:03 (#8848584 - in reply to #8848563) Subject: RE: Rolling HTA’s at elevator for dec 21 contract?
Sioux Falls, SD
What is so out of line and bogus? Trucks don't run for free (no information of trucking distance given or load out facilitiesgiven) , neither is electricity, the dust in the air is weight. Maybe interest, now that I see he said note is paid down. I realize there is cheaper money out there, picked middle of the road number. Stick grain in a bin if you want to work more, but it should make financial sense. A person can make nothing but assumptions with the limited information given.
I am a fan of Dec hta then rolling but doing it out of what ifs at 11c doesn't cover expense. If he is worried about an inverse, the downside is protected with the hta already. Basis should be good in the fall with a shorter crop. I realize you use your own set of numbers and try to apply them to everyone with a broad brush and like to give your opinion as fact and argue.
So in that respect, come with your numbers. This way maybe I could learn a little.