Coming in to today’s WASDE report, the Croptomize digital farm was sitting at 33% sold on 2020 corn and 58% sold on 2020 soybeans using futures. The balance of production was hedged with long puts, which covers downside risk for a fixed cost while retaining upside potential on the possibility of further rallies.
Croptomize is using data analytics and machine learning algorithms to automate grain marketing decisions. How far along is your farm on 2020 grain marketing? How do you make the decision to pull the trigger?