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AgPoll: Selling 2012 corn
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12-12-2012 02:00 PM
re: You need another option John
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12-12-2012 05:12 PM
o after it drops a dollar.
Re: re: You need another option John
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12-14-2012 08:58 AM
Kraft-t.: Good point. Thanks.
I wonder what the other responses would be from those who checked "Other?"
John
Re: re: You need another option John
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12-14-2012 09:07 AM
I guess your right John. 20% did check other.
Re: re: You need another option John
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12-14-2012 09:07 AM
Actually you need another one for krafty.......
Have none to sell, sold it all last winter with a 5...........
Re: re: You need another option John
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12-15-2012 11:54 AM
Good one MT. I selected other on the poll because I'm already sold. My total bushels was 8.3% of my APH, so I sold it across the scale. Probably left a little money on the table, but I was ready to close the books on 2012. It was still a very respectable price, didn't feel I had enough bushels to truly attach my heart to the market. Just for the record, when you guys talk corn, I'm substituting milo for myself and keep posting accordingly.
Re: re: You need another option John
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12-15-2012 02:50 PM - edited 12-15-2012 04:49 PM
I checked other also. Two of the other choices have a part in the selling but there are tax issues and the news and gut feeling are also a consideration here. The finding of the "right" capital expenditure will trigger sales regardless of price.
As far as a set target price nope don't have one of those. Maybe should have a little more discipline but hard for an old dog to learn some of those "new to me" tricks.
I'm not feeling a real need just to sell for the sake of trading one form of "currency" (bu)for numbers on a pretty strip of paper. (fiat money).
My gut feeling is we are short for at least 7 more months in the corn side and therefore there is no rush or hurry needed. Beans are a much shorted timeline but may get quite interesting by the last couple of weeks of Jan. Basis may have to do the heavy lifting, but the fundamentals point to a pinch in available supplies the first half of Feb to me.
I am NO expert and this is worth just a little less than you paid for it.
Re: AgPoll: Selling 2012 corn
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12-16-2012 10:18 PM
I chose other too cause I sold it off the combine cause I had bills to pay. And the rest I will sell by the CWT or walk off the farm one quarter or half at a time.


