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Managing Risk in 2021

Managing Risk in 2021
By Pam Knox
 
I am not an expert in crop insurance, but I know that this time of year producers are trying to figure out whether to purchase it to cover damage to their crops in the coming growing season, and if so, how much to get. I found this discussion in Wallaces Farmer to be helpful in describing different kinds of weather-related crop insurance and why you might purchase both, one, or neither. You can read it here.
Source : uga.edu

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Next week’s USDA reports (acreage/stocks) could be a surprise/market moving. RVO’s (new blending biofuel requirements) were as expected with no big surprises and already baked into futures. E15 summer waiver just simply good optics. Markets are skeptical that the war in Iran ends soon with no diplomatic off ramp. The Trump/Xi meeting in China now May 14 – 15. March 1 USDA hogs and Pigs report was friendly/bullish + CFTC and more.