Originally posted by furrowtickler
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Has not happened in 20 years, and has paid well for the past several years.
I assume paid well indicates that you received better than posted prices for that time slot. Plus the savings in interest by paying bills with the money, needing to buy less storage etc.
Lets assume you averaged 50 cents over the market for the 20 years since the last disaster, And this year, you are $10 underwater on the same number of bushels. That would be a wash. Then add in the time value of that money, and all the other savings I mentioned above, and being on the wrong side occasionally really isn't so terrible. I know, easy for me to say when I'm not in that situation.
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