Thanks Dave
Agree story on reds is far from over.
There will be a lot of lessons learned on marketing non hedgable commodities on this farm
Getting grade spreads and buyouts in writing before I sign another crop that's not in the bin. This includes durum.
Saw a guy at the elevator yesterday looking to sell his lentils.
Got spot price of .27c. He said he never sold any pre harvest. "Was to busy to think about it"
I imagine, this fellow would normally be as "cash poor" as most farmers in Sept.
I don't know how I could sleep with no plan for cash flow other than to take what's offered at harvest.
Agree story on reds is far from over.
There will be a lot of lessons learned on marketing non hedgable commodities on this farm
Getting grade spreads and buyouts in writing before I sign another crop that's not in the bin. This includes durum.
Saw a guy at the elevator yesterday looking to sell his lentils.
Got spot price of .27c. He said he never sold any pre harvest. "Was to busy to think about it"
I imagine, this fellow would normally be as "cash poor" as most farmers in Sept.
I don't know how I could sleep with no plan for cash flow other than to take what's offered at harvest.
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