Pre-Harvest Program
Market Check’s innovative Pre-Harvest Program is an avenue for growers to execute part of the pre-harvest strategies we advocate and utilises put options to protect new crop prices without the risks associated with a forward sale (swaps or forward contracts). The Pre-Harvest Program is like an insurance policy against falling prices, growers pay a ‘premium’ (put options cost) to protect downside risk for new crop wheat and barley prices but also participate if the market rises with no ‘washout cost’ associated if the crop fails.
Keep up to date
As we live and breath! After months of rallying, the MATIF Nov-21 Swap ($A/t) has broken through $1000/t. Market is expecting a record Aus crop, fingers crossed they get it! 🇦🇺 basis has slipped recently as grower selling has increased & futures keep climbing. #oatt #canola pic.twitter.com/f6vtlBMvlC
