date:Jul 23, 2013
dvice is to re-commit to getting some pricing done before harvest, should the market rally in the weeks ahead.
My sense of urgency is not based on a lower price prediction. It is based on a basic principle of risk management. To have little or nothing priced is to have too many eggs in the higher price basket, and we need to be ready for the lower price scenario.
Usset says soybeans are a more positive story. Prices at $12.60/bu. for November soybean futures should translate into a profitable