Hedge Strategy update 020920

On 2019 corn, my farm is 80% sold @ $4.30 basis March20.  New ’19 target – hold for now

For 2020 CZ, up to 30% sold at $4.05.  Next target for me and my farm is $4.09.

 

I am 70% sold/hedged (basis APH) at a board-based average price of $9.64SH for 2019.  I’ll consider selling more old beans with a rally to $9.55 Mar.

For 2020, I’m up to 25% sold at $9.63 average basis SX20.  I’d be willing to sell more on a rally to $9.83.

 

**For the strategies I talk about on here, please remember these are the tools I use for my farm.  These are not recommendations but merely a way for the reader to see how I approach marketing for my operation.  There are tons of good tools out there. For more information on markets, strategies and ways to set up a solid marketing plan, visit my website at https://agmarket.net

 

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