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Wheatley, Arkansas | On selling a profit, do you know beyond any doubt what your production will be?
And even more importantly do you know precisely what your cost of production will be?
Not trying to be sarcastic or ridicule, it's just I have been pushing a pencil a lot on 2008 crops and inputs, and with the CBOT prices offered today for 2008 crops I can see where inputs-gone-wild if not locked in could eat up any profits for next year, especially if yields decline from projections.
Les | |
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shorting corn here 456 1/4
