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Fall contracts

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  • Guest

    #21
    don't sign these one sided jokes , let this be a lesson

    Comment

    • tweety
      Senior Member
      • Nov 2014
      • 3059

      #22
      That's hilarious farmaholic.

      Is there any condition where a put must be exercised?

      Comment

      • iceman
        Senior Member
        • Dec 2014
        • 751

        #23
        Oh us farmers will never learn. If you sign it! You better as all hell deliver against it. If delivery is questionable use puts instead

        Out

        Comment

        • sumdumguy
          Senior Member
          • Mar 2007
          • 11973

          #24
          SF3 your post at 3:44 is dead on. Why pre-sell when the prices are low?

          Comment

          • farmaholic
            Senior Member
            • Sep 2010
            • 17478

            #25
            I thought options expired worthless if they weren't exercised. If there is a scenario that they must be used after purchase, I couldn't answer. I don't use them and barely have any knowledge how to use them.

            Comment

            • poorboy
              Senior Member
              • Oct 2000
              • 903

              #26
              What option is there to price crops that don't trade on a futures exchange?

              Such as peas, lentils, mustard, faba beans, etc.

              Comment

              • bucket
                Senior Member
                • Jan 2008
                • 17024

                #27
                I think if you can get out of those contracts for a small fee it would be wise to do so.

                If you go to deliver and your short it's going to be more expensive later.

                The canola crop isn't getting bigger each passing day it's getting smaller.

                The most a rain will do now is maintain yield not increase it.

                I will stick with a sub 12 mmt canola crop this year.

                Comment

                • BreadWinner
                  Senior Member
                  • Jan 2008
                  • 1493

                  #28
                  I would think specialty crops would be allot riskier to sign dd contracts because they can be highly volatile and there is no futures market to set the price. it would defiantly be a no go if they did not have a AOG clause.

                  Comment

                  • tweety
                    Senior Member
                    • Nov 2014
                    • 3059

                    #29
                    sumdum, because prices could get much lower.

                    Comment

                    • GOODRUM
                      Senior Member
                      • Feb 2008
                      • 511

                      #30
                      Earlier this spring a few were all horned up about measly $10.50 canola, they told me it was strategic marketing and what is my marketing plan? Just take what there offering at harvest time?
                      ! U helped hold the price down by signing at a break even price on a average crop, how is $10.50 looking now?

                      Comment

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