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Carbondale, KS |
| Is anyone selling 2025 corn? Yes
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? Irrelevant
What is your breakeven? Doesn't matter
What costs do you have locked in? other than some land cost none as you never sell grain and buy inputs at the same time.
What method are you going to use to sell or protect the 2025 sale? Futures, Options? HTA? Cash sale? HTA
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? There is no selling too soon - grain is to be raised to be sold.
What % are you going to sell? What increments? Is this inline with your typical grain marketing strategy? Little more aggressive than normal
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. Great a bounce, but from where????? your bounce may be way lower than today.
I know this is a little aggressive and this is by no means a recommendation. More so just looking for conversation. Could care less - may grain my rules. |
Edited by brad c 4/15/2024 07:09
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Anyone selling 2025 crop?
