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Monticello IL | consider this.
you have a percentage of crop price protected by crop insurance which you will only collect if the prices drop. Sell a dec 380 put for 17 cents. Essentially that counter acts the crop insurance in exchange for 17 cents per bushel right now. If corn drops 17 cents from now until then you are even money on those bushels.
This is for a situation where you are dealing with profits not necessary dollars to eat and live next year. | |
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Mark Gold
