Interesting comment from the industry man in that article:
"“The bubble we have lived in this past year has popped and will not be back,” Beeman said. “The ODA has now updated the rules and these new rules greatly reduce the value and the possible positions farmers will find themselves in come harvest time.”
CLI might have addressed that risk in the pending off take announcement, assuming it's with a reputable processor and locks in prices at somewhere near current rates. But based on the comment above from the industry insider, it seems unlikely any established processor of any repute would enter into such terms if, as the bloke says, the bubble has popped.
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Interesting comment from the industry man in that article:"“The...
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