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Has anyone ever got out of an forward contract?
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deereman
Posted 2/21/2008 17:31 (#316014 - in reply to #315545)
Subject: RE: Has anyone ever got out of an forward contract?


NE SD
I think I would give my left arm to sell any over 4.00. If this makes you feel better I have not sold a bushel over 3.70 and will not on my entire '07 crop. Its all sitting in the bins priced to be delivered in the spring and summer for 3.50 to 3.70. Thats not the worst of it either I have 35% sold of '08 corn and soys for about 1.50 under the market also. I do not want to add it up what I left on the table but on 125000 bu of corn and 12000 wheat and 20000 soys I believe its well over quarter mill.
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