Proactive grain marketing has allowed many farmers to ride the bull market higher.

CHS Hedging director of producer brokerage Kent Beadle says he started recommending long call options over the winter.

“And having those long call options has allowed us to scale into new crop sales. So we are now officially 50 percent hedged of the 2021 crop in both corn and soybeans.”

He tells Brownfield he’s a little more bullish on corn and suspects the biggest runups in this rally have already occurred.

…