Farm Marketing


Latest Farm Marketing Advice:

AgResource Daily Farm Marketing Advice for Friday: 1/ Corn Producers: Hedge 15% of the estimated 2019 corn crop if December 2019 corn futures reach $4.19. This would push 2019 corn sales to 50% at a price average of $4.21.

2/ Corn Producers: Hedge the first 20% of your estimated 2020 crop at $4.24 basis December 2020 corn futures. This our first sale of the 2020 crop.

 ** ARC is more bearish on back month corn futures due to the potential of the US/China trade war dragging on which could increase US corn seedings by 3-6 Mil acres next spring. 

3/ Soybean Producers: Sell another 15% of your 2018 soybean crop is January soybeans reach $9.34.                                                                 


2015/16 Cash Sales Advice

  • Corn: Sold 100% of the 2015 corn crop at an average of $4.52.
  • Soybeans: Sold 100% of the 2015 soybean crop at an average of $10.66.
  • Wheat: Sold 100% of the 2015 at an average of $5.78.

2016/17 Cash Sales Advice

  • Corn: Sold 90% of the estimated production at $4.07 Dec/Mar/May ’16/17 futures.
  • Soybeans: Sold 90% of estimated production at $9.78 basis Nov/May ’16 futures.
  • Wheat: Sold 85% of estimated 2016 production at $5.68 basis July ’16/May ’16 futures.

2017/18 Cash Sales Advice

  • Corn: Sold 45% of estimated production at $4.10, basis Dec ’17 futures.
  • Soybeans: Sold 60% of estimated production at $10.0925, basis Nov 17/Mar 18 futures.
  • Wheat: Sold 70% of the estimated 2017 wheat crop in July Chi 2017 wheat futures at $5.31, basis July 17 futures.

2018/19 Cash Sales Advice

  • Corn: Sold 50% of estimated production at $4.20, basis Dec 18 futures.
  • Wheat: Sold 20% of the estimated 2018 wheat crop at $5.22, basis July 18 CME futures.
  • Soybeans: Sold 40% of estimated production at $10.185, basis Nov 18 futures.