SPE

[lnjr]

What are everyones thought on the alberta crop insurance spe? Take it or not? I am undecided at this time due to the fact of the sharp price increase in premiums once the spe is added in.

[Burbert]

Don't know. It's all gambling after all,
isn't it. Pay to play and see what
happens. The insurance company's have the
math all worked out. You lose, you lose,
either way, cause thats the way it
works.....

[FarmRanger]

If you already have a commodity account set up,
I'd take a serious look at buying Puts instead of
the SPE. Right now for the same amount of
money you'll get higher coverage that kicks in
earlier, and you always have the option of
reselling them anytime before they expire.

If canola tanks before the end of April, that might
change.

[blackpowder]

For $10/ac the trigger would start at $9.89 down to$5.50 covering back up to $11.00. So you're buying an out of the money put sort of. If current prices are at $12.00 presell enough to cover the difference?