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
#ABARES Feb numbers are roughly in line with private estimates, USDA will need to follow at some point (current #wheat est @ 30Mt). Few pretty useless stats: 527% increase YoY and largest wheat crop in history. NSW production is equiv to 86% of last years NATIONAL crop. twitter.com/LeftFieldCR/st… pic.twitter.com/jtrs9mmFHP


