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Has anyone ever got out of an forward contract?
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sbly
Posted 2/21/2008 08:59 (#315553 - in reply to #315545)
Subject: Re: Has anyone ever got out of an forward contract?


Portage Des Sioux, MO
Some elevators will let you buy it back others will not. I would guess when you made the sale it was profitable. If you cashed out today your average would still be cloce to $5 considering you have the remaining 85% of your crop. No since lossing sleep over a sale you think is bad. Just focus on the unpriced stuff or buy a call option to capture upside on the sale as it will be much cheaper than paying over $5000 a contract to buy yours back. My .02
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