Posted 8/30/2007 12:36 (#195774 - in reply to #195770) Subject: Re: House of Cards?
At this point, I wish I'd bought some options to protect my forward sales.
Who would have thought a $4.92 basis contract would look bad? At least I've been able to roll that to a $5.23, but the basis here today is at least $1.22. New crop wheat can be contracted for $5 plus. Historically, that's looking pretty good, but compared to $3.50 corn?
House of Cards?
