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| Is anyone selling 2025 corn?
If so why and how?
Questions I would ask before selling any of the 2025 include
Do you need to presell because you dont have on farm storage to hold?
What is your breakeven?
What costs do you have locked in?
What method are you going to use to sell or protect the 2025 sale? Futures, Options? HTA? Cash sale?
Have you considered basis?
Do you have a back up plan if you sell too soon? What if you use futures and sell too soon? Do you need a back up plan? What about if the market rallies and you use futures and have big margin calls?
What % are you going to sell? What increments? Is this inline with your typical grain marketing strategy?
My thoughts are that one should wait for a bounce in 2024 and if one believes we will stay in a bear market, simply over sell the 2024 or better yet over protect it
I know this is a little aggressive and this is by no means a recommendation. More so just looking for conversation.
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Anyone selling 2025 crop?
