i did a HRS fpc on 150 and locked in the futures without basis on another 150
we will see what happens
some questions came to light about the force majaure, the insurance you can buy on not being able to fill the contract because of drought hail etc.
Eg. say i contract 100 tonnes , at 5 different times during the year. = 500 tonnes
and i buy 100 tonnes of insurance before the may 1 deadline.
the crop fissels and i only produce 400 tonnes
can i use the insurance on any of the contracts i want.
theres a info meeting this week so i should find out then.
i could see getting the insurance if i was 80-100% contracted before harvest, but other than that i dont know benifits there would be.
we will see what happens
some questions came to light about the force majaure, the insurance you can buy on not being able to fill the contract because of drought hail etc.
Eg. say i contract 100 tonnes , at 5 different times during the year. = 500 tonnes
and i buy 100 tonnes of insurance before the may 1 deadline.
the crop fissels and i only produce 400 tonnes
can i use the insurance on any of the contracts i want.
theres a info meeting this week so i should find out then.
i could see getting the insurance if i was 80-100% contracted before harvest, but other than that i dont know benifits there would be.
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