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Thinking about selling 1/3 of next years crop
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econboy
Posted 7/13/2007 21:58 (#173927 - in reply to #173701)
Subject: RE: Thinking about selling 1/3 of next years crop


We have sold all of 07, avg. price of 3.65. we are at 80% for 08 avg. 4.00 and we have sold 20% of 09 for 4.27. We will continute selling HTA contracts till we can't stand it, and will probably start on DZ10 before too long. We'll have a different president before too long, who knows what will happen, but 4 dollar corn is much better than 2.25 corn. I may be wrong, I may be right, but I can lock in enough inputs to make this deal work for the next couple of years. I guess I should hold out for higher prices, but I didn't get where I am today, second guessing myself or worrying about what my neighbor gets for his crop.
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