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GRIP Insurance
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dixonman
Posted 7/1/2007 18:20 (#169192 - in reply to #169057)
Subject: RE: GRIP Insurance


At some point you might consider buying futures to hedge your grip payment would be willing to bet that the lows will have been made by November at some point the market will figure out that after 200 dollar per ton fert price increses and 50 dollar per bag corn price increases folks are not going to raise continous corn for 2.50 per bushel with the opportunity to raise 9 dollar beans and 5 dollar wheat nothing would please me more to tell the fertilizer people and monsnto to stick it in their ear, non GMO bean premium is 90 cents for next year so make that 10 dollar beans I will thumb my nose at them all the way to the bank. I am in a area of IN shown to get just in time rains last week, very spotty light coverage and corn is tasselling at three to four feet tall.
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