Quote from TheSorcerer:
Why not buy PUTS? or it is nonexistant/illiquid?
no, you can buy puts. the problem with all wheat options at this point is that they reflect huge volatility, so you will be spending a lot of money on premium.
the great thing about wheat is, when prices get high, farmers plant the sh*t out of it and the next year you will have huge crops, thus lower prices.
