Updated March 15, 2024
CORN
2023 crop: You are 40% sold. Our new target is to make a 20% hedge of your 2023 crop corn if July 2024 corn rallies to $4.68. This would increase your 2023 hedges to 60%.
2024 crop: You are 10% sold. Our target is to make a 10% hedge of your 2024 crop corn if December 2024 corn rallies to $4.93. This would increase your 2024 hedges to 20%.
SOYBEANS
2023 crop: You are 60% sold. Our new target is to make a 20% hedge of your 2023 crop soybeans if July 2024 soybeans rallies to $12.92. This would increase your 2023 hedges to 80%.
2024 crop: You are 10% sold. Our target is to make a 10% hedge of your 2024 crop soybeans if November 2024 soybeans rallies to $12.44. This would increase your 2024 hedges to 20%.
WHEAT
2023 crop: You are 10% sold. Our new target is to make a 20% hedge of your 2023 crop wheat if July 2024 KC wheat rallies to $5.98. This would increase your 2023 hedges to 30%.
2024 crop: You are 10% sold. Our target is to make a 10% hedge of your 2024 crop wheat if July KC 2024 wheat rallies to $6.27. This would increase your 2024 hedges to 20%.