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Not The Time To Sell Wheat

2/13/2013

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With the waterfall decline in wheat prices over the last couple of months, I can understand the concern about selling new crop wheat.  As you can see from the wheat chart below, prices are very near touching the revenue guarantee of the 85% wheat RP policy.  Making sales now will only cap your upside potential because the crop insurance will protect further price declines from here on out.  It is too early to give up on wheat yet. 
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Steve Wade and Tyler Wade of Wade Assurance are associated persons for AgDairy LLC.

                           Commodity Risk Disclosure Statement

The risk of loss in trading commodity futures contracts can be substantial.  You should, therefore, carefully consider whether such trading is suitable for you in light of your circumstances and financial resources.

Wade Assurance is an equal opportunity insurance provider.
CONTACT US
Steve Wade
swade@wadeassurance.com
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Tyler Wade
​twade@wadeassurance.com
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