2024/25 Crop Marketing Year Recommendations
Attached below are Exceed Grain Marketing’s current recommendations. Producers need to work closely with their advisors for what works best for their individual operation. Producers may be in different “market positions” depending on the requirement for cash flow, production costs, logistics, crops size, risk appetite or a multitude of other reasonings.
The recommendations represent our groups opinion only of where a producer should be positioned in their marketing plan throughout the year. Recommendations are based F.O.B. Central Canadian Prairies. Work with your local advisor to determine the best market position for your farm.
Yellow Targets are New Recommendations or Have Not Triggered Yet – Green Have Triggered
Recommendations
- INITIAL Recommendations for the 2024/2025 crop year below. Work very closely with your advisor on initial rec to ensure the proper fit for your operation
- Target sale of 10% Canola at $16.00+. Partner this sale with a hedge of spring 2024 nitrogen requirements in the $0.55 per pound range.
- November 16th, 2023 – Target up to 20% sold Canola at $0 Basis. Basis avaliable at some crush facilities. Adjust for freight to your local region. Target $16.50 cash sale for end goal on this recommendation. Work closely with your local advisor on this.
- February 16th, 2024 –
- Target up to 50% sold Oats at $4.50 or better. Will be greater pricing opportunities for specialty or IP programs. Work with your advisor on best available solution for yourself
- Malt Barley – Target up to 30% sold using AOG contract $6.50 or better.
- LG Green Lentils – Target a sale of $0.605 30% sold using AOG contract
- Red Lentils – Target a sale of $0.34 25% sold AOG contract
- Yellow Peas – Target a sale of $10.00 25% sold
- Green Peas – Target a sale of $14.50 25% sold
- Canola – Target a sale of $14.50 for 10% (Can use this to close out 10% basis rec)
- April 25th, 2024 –
- HRSW – Target a sale of $8.50 or better 25% sold
Our market intelligence reports incorporate information obtained from various third-party sources, government publications, and other outlets. While we endeavor to maintain the highest standards of accuracy and integrity in our reports, we acknowledge that the information provided may contain inadvertent errors or omissions. As such, we accept no liability for any inaccuracies or missing information in the data presented. Furthermore, these reports are not intended to serve as standalone investment or financial advice. We strongly advise that any financial or investment decisions be made in consultation with a professional market advisor. Reliance on the content of our reports for making financial decisions without such professional advice is at the sole risk of the user.
