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| With the two being basically the same except for RA having unlimited upside and CRC having a $1.50 (corn) limit price move what do you feel is a better way to go?
85% RA w/HPO @ 160 bu/ac guarantees 136 bu x $5.40= $734.40 with unlimited upside
Cost $62.39/acre
85% CRC @ 160 bu/ac guarantees 136 bu x $5.40 = $734.40 with a topside of 136 bu x $7.90 = $1074.40 Cost$43.60/acre
Anyone really think that corn will be over $7.90 @ harvest? I'm thinking $8 corn will curb demand in a hurry.
Hogs and cattle are going to have to be a lot higher priced to keep using corn for feed if corn is above $7.90.
What's your opinion?
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Crop Ins- RA w/HPO vs CRC (Corn)
