Below are the results of my systematic hedge model when applied against soybeans for the entire calendar year of 2022.

For calendar year 2022, assuming that we only bought or sold futures contracts, the average soybean sell signal was $15.49 and the average buy signal was $14.13. 

This is again, only using futures. My hedging strategies allows for optimization by altering the tools that are used to different market conditions. In this instance, I likely would have continued selling futures or using collars for producers and would have used 1X2’s or some other options strategy for consumers.