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Attention Corn & Soybean Producers:
Feel free to inquire on learning about the best way to hedge. In my opinion my strategy is the best I have seen since I became a member in 1976 trading corn and soybeans for my own account.
Are you tired of listening to the same BULL ****, and services that do not have a plan if the market goes down instead? Hedge means to take risk off the table, and my service has all producers 100% hedged and they do have most of the upside unhedged (if we can rally for whatever reason). Hedge with a Pro and option expert who has been trading grains for 40 years.
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Acreage Report 6/30/14
Corn Planted Acreage Down 4 Percent from 2013
Soybean Acreage Up 11 Percent
All Wheat Acreage Up Less Than 1 Percent
All Cotton Acreage Up 9 Percent
Corn planted area for all purposes in 2014 is estimated at 91.6 million
acres, down 4 percent from last year. This represents the lowest planted
acreage in the United States since 2010; however, this is the fifth largest
corn acreage in the United States since 1944.
Soybean planted area for 2014 is estimated at a record high 84.8 million
acres, up 11 percent from last year. Area for harvest, at 84.1 million acres,
is up 11 percent from 2013 and will be a record high by more than 7.4 million
acres, if realized. Record high planted acreage is estimated in Michigan,
Minnesota, Nebraska, New York, North Dakota, Ohio, Pennsylvania, South
Dakota, and Wisconsin.
All wheat planted area for 2014 is estimated at 56.5 million acres, up less
than 1 percent from 2013. The 2014 winter wheat planted area, at 42.3 million
acres, is down 2 percent from last year but up less than 1 percent from the
previous estimate. Of this total, about 30.4 million acres are Hard Red
Winter, 8.50 million acres are Soft Red Winter, and 3.41 million acres are
White Winter. Area planted to other spring wheat for 2014 is estimated at
12.7 million acres, up 10 percent from 2013. Of this total, about
12.0 million acres are Hard Red Spring wheat. The intended Durum planted area
for 2014 is estimated at 1.47 million acres, down slightly from the previous
year.
All cotton planted area for 2014 is estimated at 11.4 million acres,
9 percent above last year. Upland area is estimated at 11.2 million acres, up
10 percent from 2013. American Pima area is estimated at 178,000 acres, down
11 percent from 2013.
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The markets covered daily are 2013 & 2014 Soybeans and Corn.
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