At some point, the buyers are going to walk away & prices will drop. How much they roller coaster up & down between then & now is any guess.
Someday, the govt may step in and say it's an election year, we need cheap food, and crash the markets to 'do something' about it. Embargo or kill ethanol. Then one would be thankful to have a few contracts for today's price.
I'm ion the same boat as you, Dave. Same situation, same questions.
My bigger concern is 2013 crop. The prices out that far look pretty good?????
In my part of the country, even a 'total crop failure' means a 33% crop to harvest, so the risk in doing a small amount of contracting isn't too steep.
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Today's Featured Article - The Nuts and Bolts of Fasteners - Part 2 - by Curtis Von Fange. In our previous article we discussed capscrews, bolts, and nuts along with their relative hardness and thread sizes. In this segment we will finish up on our fasteners and then work with ways to keep them from loosening up in the field. Capscrews, bolts and nuts are not the only means of holding two parts together. When dealing with thinner metals like sheet tin, a long bolt and
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