Remember, cheap can get cheaper. There are better ways to speculate than by holding inventory. If selling barley at current levels troubles you because you feel prices will rise later, consider minimum price contracts. These contracts can make pulling the trigger in these trying times a little easier because they offer some limited hindsight. These contracts change your focus from worrying about being right to, more importantly, never being wrong.
Most producers do nothing for fear of being wrong when that decision is often the wrong one.
The above strategy ensures that you're not wrong. If prices go lower, you don't realize less than your floor price. The cost of this contract is only a few dollars per tonne different from a fixed price contract, but the potential benefits can be huge. For additional scale in selling, use higher resistance levels or target returns above your cost of production. Remember, however, that this strategy clearly focuses on a rising market and has no protection against a declining market.