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PennyWorld

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Re: sashex001 post# 13188

Friday, 08/03/2012 1:55:38 PM

Friday, August 03, 2012 1:55:38 PM

Post# of 30377
my thinking is they need to hedge for the full year because they will need corn for 1 year (harvest to harvest). The price of corn could stay high throughout the winter and into the spring of 2013. If they did need to hedge for 1 year then they will be offering negative forward looking guidance on 8/14 which won't help the PPS.


I'm no expert in this area, but it will be interesting to see mgmts comments on this after they release the earnings on 8/14
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