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- Jan. 22: No changes.
- Jan. 21: No changes.
- Jan. 20: No changes.
- Jan. 19: No changes.
- Jan. 15: No changes.
*Note: Check below daily to see if we recommend catch-up sales for individual markets.
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Corn |
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Cash-only marketers |
2020 crop: 70% sold 2021 crop: 20% forward sold for harvest delivery |
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Hedgers — cash sales |
2020 crop: 80% sold 2021 crop: 20% forward sold for harvest delivery |
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Hedgers — futures/options |
No positions |
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Get current with advised 2020- and 2021-crop sales. While prices have fallen sharply from recent highs, current prices are still attractive. |
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Soybeans |
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Cash-only marketers |
2020 crop: 90% sold 2021 crop: 20% forward sold for harvest delivery |
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Hedgers — cash sales |
2020 crop: 90% sold 2021 crop: 20% forward sold for harvest delivery |
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Hedgers — futures/options |
No positions |
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Get current with advised 2020- and 2021-crop sales. While prices have fallen sharply from recent highs, current prices are still attractive. |
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Wheat |
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Cash-only marketers |
2020 crop: 85% sold 2021 crop: 30% forward contracted for harvest delivery |
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Hedgers — cash sales |
2020 crop: 95% sold |
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Hedgers — futures/options |
No positions |
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Get current with advised sales. We'll likely wait until we know more about the winter wheat crop coming out of dormancy and spring wheat acreage before making additional sales. |
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Cotton |
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Cash-only marketers |
2020 crop: 80% sold 2021 crop: 20% forward sold for harvest delivery next year |
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Hedgers — cash sales |
2020 crop: 80% sold 2021 crop: 20% forward sold for harvest delivery next year |
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Hedgers — futures/options |
No position |
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Get current with advised 2020- and 2021-crop sales. Be prepared to make additional old- and new-crop sales if the market signals a top is in place. |
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Livestock |
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Cattle |
1st qtr. 2021 |
0% |
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2nd qtr. 2021 |
0% |
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3rd qtr. 2021 |
0% |
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4th qtr. 2021 |
0% |
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Carry all risk in the cash market for now. Downside risk should be limited from current levels. |
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Hogs |
1st qtr. 2021 |
0% |
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2nd qtr. 2021 |
0% |
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3rd qtr. 2021 |
0% |
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4th qtr. 2021 |
0% |
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You should carry all risk in the cash market for now. |
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Feed |
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Corn |
1st qtr. 2021 |
33% |
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2nd qtr. 2021 |
0% |
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3rd qtr. 2021 |
0% |
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4th qtr. 2021 |
0% |
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You are hand-to-mouth on corn-for-feed needs for now. Given the sharp price break, be prepared to extend coverage. |
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Meal |
1st qtr. 2021 |
100% |
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2nd qtr. 2021 |
0% |
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3rd qtr. 2021 |
0% |
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4th qtr. 2021 |
0% |
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You should be hand-to-mouth on meal needs. Given the sharp price break, be prepared to extend coverage. |
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