Office (call or text): 705-313-2082
Donna: donna@maizeingacresinc.com
cell: 705-930-3488
Pete: pdarcher@xplornet.com cell: 613-391-9218 

Current Weekday Hours: 7 am - 4 pm

Weekends: Closed

Stronger markets to kick off the week. The $220 target orders at Campbellford hit yesterday. It would be good to have an action plan in place before you head to the field. You like autosteer on tractors; it's even better on marketing. We are also going to start our Average Price Contracts May 1. We will be using Wednesday closing prices for the following 7 weeks on all 3 commodities to establish the average price. All you need to do is commit a tonnage to the program by May 1 and you end up with a forward contract at the end for that tonnage. It is a firm commitment as we will be selling futures each week to hedge this. If we see a big spike higher along the way, we can go ahead and price the balance out at that point. Theoretically it should get some pricing done during the seasonal rally. How effective it is really depends on timing. If we only get one high priced week, that price may be watered down with 6 lower priced ones. This is one more tool in your grain marketing toolbox, and is a good option to sell some of your production.  How much should you sell?  Probably 10-20% of your anticipated production would be a good start. It's better than doing nothing at this time of year, but you should still use target orders with a plan to recalibrate if they are not filled by late June. Call with any questions.

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