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corn- panic or hold
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dirtpour2
Posted 1/22/2010 23:12 (#1036458)
Subject: corn- panic or hold


eastern Kansas
i am still holding way more 09 corn than i care to admit. Plan was to hedge the carry when march got to 4.30. well that never happened. would like to wait for a little bounce to start selling some, but is one going to come? I don't have a need to turn it into cash anytime soon, but some of it is delivered to local feeder with price it later. but doubt he want to wait till summer to lock it in. The rest is in the bin on farm excellent quality corn and should store well into summer. Just don't want to panic, but how likely for it to continue down before getting alittle bounce? i'm sure every bounce is going to be meet with alot of selling, just thinking out loud i guess.
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