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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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A Reopening of the Strait of Hormuz is Bearish Long Team Diesel/Fertilizer!

Video: A Reopening of the Strait of Hormuz is Bearish Long Team Diesel/Fertilizer!


The Iran/U.S. peace deal and the reopening of the Strait of Hormuz is bearish farm diesel prices and fertilizer.
A peak in crude oil = a peak in soy oil futures + a peak in canola futures short-term.
The SpaceX IPO increased Elon Musk’s net worth by $300 billion in 1 day more than what Warren Buffet made in his entire lifetime! WOW!
The NEW Fed chairman Kevin Warsch was too hawkish and hates providing guidance and visibility on interest rates. U.S. $ Index breaks above $100.
Cattle on Feed BULLISH!
S&P Global shock- the U.S. could lose 30 million corn acres by 2050. They say we need E15 mandated now!
China has started buying U.S. soybeans, but we need more volume.