Just like the old adage that in the dry years , the hills are better, and in the wet years, the low ground is better is something you should know without a yield monitor, the same is true for forward selling.
In a big crop year, selling ahead makes you money and you look smart, in a short crop year, you look like a fool. But if everyone did one or the other, it wouldn't work very well. So we that sold a lot of $7 and $8 corn over the last five years probably should thank the permabears like Buckwheat and Jimmy that sold early and often at low prices. Without their bushels off the market, we never get the lofty prices and never get out of debt. So, hey, Thanks guys!
On the same token, those permabears should be thanking those of us that didn't sell earlier than they did and kill their market. Both sides helped the other and the really smart guys like Shifty that managed to sell at the right time in every year, well, just stick it in your ear, Pal.
