FarmMind Tutorials
Commodity Futures
Commodity futures for Corn, Soybeans, Wheat, Oats, Rough Rice, Soybean Meal, Soybean Oil, Live Cattle, Feeder Cattle, and Lean Hogs are available in the season dashboard. Please see how to create a season dashboard in order to access this information. Different past and future contracts are available for comparison.
Viewing Futures Data
You can view a graph of the current futures contract, or you can view a forward curve of different futures contracts to compare how different contract prices change over time.
Profit Margin Analysis
The current cash price and breakeven price are computed from your revenue and cost information, and are displayed on the graph to calculate a profit margin for the current futures contract price.
You can play around with the numbers in this widget to temporarily see how changing different numbers changes the graph.