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So Met With The Banker Again
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SoDak Farms
Posted 2/21/2024 22:26 (#10634301 - in reply to #10634289)
Subject: RE: So Met With The Banker Again


EC SoDak
Typically, in more stable times, I shoot for 10-30% hedged by the end of summer for the following year’s crop depending on outlook. For 24, I targeted 70% because history and poor demand suggested prices would drop. With the change in my crop, as y’all seen in another thread, I went from 70-80% Dec 24 hedged to in the 30s. Due to that, I’m starting to really dig in on data to see how I want to handle hedging going forward.
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