NEWS
Minding Ag's Business
Marcia Zarley Taylor DTN Executive Editor
Wed Nov 7, 2012 04:37 PM CST

HADDONFIELD, N.J. (DTN) -- Textbook marketers warn against storing too much old-crop grain to price during summer rallies, but a handful of gamblers won their bets in 2012's weather market. A study of 100 corn farmers by the financial consulting firm AgriSolutions found operators did a much better job of capturing season-average summer highs than they did in 2008. On the other hand, few earned bragging rights to selling $8 cash corn at the 2012 market peak.

AgriSolutions financial consultant Sam Bachman examined actual sales records for 100 clients for calendar 2012 and found the group averaged $6.40 for old-crop ...

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