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- August 8: No changes.
- August 7: No changes.
- August 6: We advise livestock producers to cover the remaining half of August and September for soymeal needs in the cash market. We also advise covering corn-for-feed for the remaining half of needs in September and October in the cash market. For soymeal, you now have full coverage in cash through September, with half of your needs for October, November and December covered in cash. For corn, you now have all needs through October covered in the cash market.
- August 5: No changes.
- August 4: No changes.
*Note: Check below daily to see if we recommend catch-up sales for individual markets.
Corn | |
|---|---|
| Cash-only marketers | 2024 crop: 70% sold 2025 crop: 20% forward sold |
| Hedgers — cash sales | 2024 crop: 70% sold 2025 crop: 20% forward sold |
| Hedgers — futures/options | No position. |
| Wait on an extended corrective bounce to increase sales. | |
Soybeans | |
| Cash-only marketers | 2024 crop: 65% sold 2025 crop: 10% forward sold |
| Hedgers — cash sales | 2024 crop: 65% sold 2025 crop: 10% forward sold |
| Hedgers — futures/options | No position. |
| Wait on a move back to the recent highs or higher to make additional old- and new-crop sales. | |
Wheat | |
| Cash-only marketers | 2025-crop: 30% sold. 2026-crop: 10% forward sold. |
| Hedgers — cash sales | 2025-crop: 30% sold. 2026-crop: 10% forward sold. |
| Hedgers — futures/options | none |
| Be prepared to increase sales if recent gains are extended. | |
Cotton | |
| Cash-only marketers | 2024 crop: 100% sold |
| Hedgers — cash sales | 2024 crop: 100% sold |
| Hedgers — futures/options | No position. |
| We will wait on recommendations for new crop sales until an extended rally allows for opportunity. | |
| Livestock | |
Cattle | |
| 3rd qtr. 2025 | 0% |
| 4th qtr. 2025 | 0% |
| 1st qtr. 2026 | 0% |
| 2nd qtr. 2026 | 0% |
| Fed cattle producers should continue to carry risk in the cash market. | |
Hogs | |
| 3rd qtr. 2025 | 0% |
| 4th qtr. 2025 | 0% |
| 1st qtr. 2026 | 0% |
| 2nd qtr. 2026 | 0% |
Carry all production risk in the cash market.
| |
Feed | |
| Corn | |
| 3rd qtr. 2025 | 100% |
| 4th qtr. 2025 | 33% |
| 1st qtr. 2026 | 0% |
| 2nd qtr. 2026 | 0% |
| You have all corn-for-feed needs through October covered in the cash market. | |
| Meal | |
| 3rd qtr. 2025 | 100% |
| 4th qtr. 2025 | 50% |
| 1st qtr. 2026 | 0% |
| 2nd qtr. 2026 | 0% |
| You have full coverage in the cash market through September, with half of your needs for October, November and December covered in cash. |