By: Dan Hueber – After the early morning swoon yesterday, corn bulls were able to find their footing once again and brought this market back into the plus column for the close. The gap in nearby futures was left untouched, and while we await the next weather update as well…
Commentary
Risk Management Update
Old crop corn catch-up targets filled. Corn 2020/2021 Sell 20% of expected production at 415’0 (Filled 4/12/19) 2019/20 Sell 10% of expected production at 420’4 (Filled 5/1/18) Buy 420’0 CZ9 calls on 50% of expected production at 21’0 (Filled 10/17/18) Offer 50% of expected production at 420’0 futures/HTA 2018/19 We have been 100%…