Pro Farmer’s Daily Advice Monitor

Pro Farmer editors provide daily updates on advice, including if now is a good time to catch up on cash sales.

Pro Farmer Daily Advice Monitor
Pro Farmer Daily Advice Monitor
(Farm Journal)

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  • Jan. 21: No changes.
  • Jan. 17: No changes.
  • Jan. 16: No changes.
  • Jan. 15: Extend 2024-crop soybean sales. Details below.
  • Jan. 14: No changes.

*Note: Check below daily to see if we recommend catch-up sales for individual markets.

Corn

Cash-only marketers2024 crop: 50% sold
2025 crop: 10% forward sold
Hedgers — cash sales2024 crop: 50% sold
2025 crop: 10% forward sold
Hedgers — futures/optionsNo position.
Get current with advise sales. Our next sales target is $5.00 in March corn.

Soybeans

Cash-only marketers2024 crop: 40% sold
Hedgers — cash sales
2024 crop: 40% sold
Hedgers — futures/optionsNo position.
Get current with advised sales. Our next sales target is the $10.75 to $11.00 range in futures.

Wheat

Cash-only marketers

2024-crop: 70% forward sold.

2025-crop: 20% forward sold.

Hedgers — cash sales

2024-crop: 70% forward sold.

2025-crop: 20% forward sold.

Hedgers — futures/optionsnone
Wait on an extended corrective bounce to extend sales.

Cotton

Cash-only marketers2024 crop: 35% forward sold for harvest delivery
Hedgers — cash sales2024 crop: 35% forward sold for harvest delivery
Hedgers — futures/optionsNo position.
Wait on an extended corrective rebound to advance cash sales.
Livestock

Cattle

1st qtr. 20250%
2nd qtr. 20250%
3rd qtr. 20250%
4th qtr. 20250%
Fed cattle producers should continue to carry risk in the cash market.

Hogs

1st qtr. 2025 50%
2nd qtr. 20250%
3rd qtr. 20250%
4th qtr. 20250%

Maintain the 50% first-quarter hedges in February $84.00 puts at $3.35.

Feed

Corn
1st qtr. 20250%
2nd qtr. 20250%
3rd qtr. 20250%
4th qtr. 20250%
You are hand-to-mouth on corn-for-feed needs.
Meal
1st qtr. 202567%
2nd qtr. 20250%
3rd qtr. 20250%
4th qtr. 20250%
You should have all soymeal needs covered in the cash market through February.