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EC SoDak | Most years, the market already would’ve started its steep decline. (As it has been, time will tell how it fares later) Sure, one could make the argument either way what the report could do today, but history and statistics suggests reducing risk going into the report IMO.
You don’t have to be married to a position until you sell the physical, but know what risk you’re willing to take if you want to hop in or out. One could do options as well, but statistically, they are losers in the long run.
Edit to add-However, none the less, I was just being a smart butt to have a little fun, I added the “****” later after a comment because I forgot it originally. My hope is we have an opportunity of higher prices going forward and I can lift my lower hedges and reset. This market isn’t a fun one and certainly has a lot of emotion to it.
Edited by SoDak Farms 6/28/2024 23:07
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Corn entering 2014-2020 levels? Or will old resistance turn to new support?
