Coronavirus Pandemic Fear Produces Risk Off Start With DOW Down 700+ Points; US Dollar Surges on Global GDP Slowing; SAGO Buys World Wheat
AgResource Farm Marketing Advice for Monday:1/ Corn Producers: Hedge 20% of the 2021 corn crop at $4.24 basis Dec 2021 corn futures. This would price 60% of the 2021 corn crop. 2/ Corn Producers: Sell 20% of your 2019 corn crop if March corn futures reach $3.95. This would push 2019 corn sales to 80%. …