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Contracting beans
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r joseph
Posted 5/7/2021 07:16 (#8991660 - in reply to #8991231)
Subject: RE: Contracting beans


Lyons,NY
I don't think there is a correct answer. It all depends on your risk tolerance. You could cover your payment and costs with a fall contract. This market is in uncharted waters. It would not be wise to over sell bushels. A lot can happen on the production side between now and harvest. I can remember several falls that the price rose during harvest(2010,2020). I found making small sales into a bull market beneficial. Just my 2 cents.
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