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Good morning, Roger,
When you make recommendations to sell July 22 wheat $6.60 or higher are you recommending a 10% sale or are you leaving that to the farmer to decide? I just wasn’t sure if you kept track of percentages sold or not?
Also, I for one try to be an active marketer and forward sell into profitable prices. On a year like this I obviously sold much too early. I would really like to try to make a few $ in this market to prevent me from feeling like I completely messed up this year! Last week you sent an email that (I believe) suggested if you’re a forward seller keep forward selling. I am a young farmer so always looking for the reassurance.
Thank you for your time, Oscar.
Of course, the percentage of the expected crop to price is all your choice.
I am a 100% guy. If the market outlook justifies pricing one bushel, it justifies pricing all of it, but one must use the proper market tools to price 100% of crop before one knows if he will have a normal yield.
Here is how I want you to price 100% of your production...
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