AutoHedge Support

General Information

Who is FarmLogs?


AutoHedge is an app built by FarmLogs. FarmLogs is an independent company committed to helping you realize and manage the profit you get from the crops that you grow. Our mission at FarmLogs is to build technology that creates a better future for your farm by helping you run an efficient and more profitable business. To learn more about FarmLogs and who we are check out our website, this About page is a good place to start.




Contact our support team for help


AutoHedge is built and supported by FarmLogs. You can reach the FarmLogs Customer Happiness team in a couple of different ways:




How does AutoHedge work with my FarmLogs account?


If you already have a FarmLogs account, you can access AutoHedge on the web by logging in to FarmLogs on the web. Or, you can sign in to the AutoHedge mobile app using your FarmLogs username and password. If you’re new to FarmLogs, you can create an AutoHedge account in the AutoHedge mobile app, or create a FarmLogs account here. Your username and password can be used to log in to FarmLogs and AutoHedge.
All of your AutoHedge information will sync with your FarmLogs account and be automatically added to the Marketing feature, allowing you to easily monitor your overall profitability as the season progresses.




Why don't I have access to AutoHedge?


We're glad to hear that you're interested in AutoHedge, however we're sorry that you don't have access at this time. Currently, AutoHedge is available in select regions where we have grain buying partners. If you are interested in using AutoHedge please fill out this form. In the future, we hope to expand our offerings and bring AutoHedge to your location.




Accessing AutoHedge


In addition to using the AutoHedge mobile app, you can also access AutoHedge from the web. AutoHedge on the web is available through the FarmLogs web app. Any information you enter on mobile or web will sync seamlessly with one another.





Enrollment

What is the enrollment deadline?


Enrollment for the April 15 through July 3 pricing window must be submitted by April 10.

Enrollment for the February 28 throughJuly 31 pricing window is closed. AutoHedge enrollment must be completed by April 13, 2019.




What is the bushel quantity requirement for enrolling?


Regardless of your operation size, you must enroll a minimum of 15,000 bushels for corn, or 5,000 bushels for soybeans.




What does Enrollment Pending mean?


When you enroll a crop in AutoHedge the status of your contract will be Enrollment Pending. While your contract is in Enrollment Pending status, our onboarding team will be ensuring you're set up with the default delivery location and calling you to confirm the details of your enrollment request before submitting the contract to the buyer.




How to enroll bushels


How you enroll bushels depends on whether you're using the AutoHedge mobile app or FarmLogs on the web. If you're using the AutoHedge mobile app to enroll: 1. Launch the AutoHedge app. 2. Tap Get started. 3. Log in with your FarmLogs username and password, and then tap Sign in with FarmLogs. Note: If you don't have an account with FarmLogs, tap Sign up now and fill out the necessary details to get started. 4. If prompted, enter your zip code and phone number, and then tap Save Details. 5. On the Select a crop screen, tap Select to choose the crop type you would like to enroll. 6. On the Set up crop screen, do one of the following depending on whether or not you have a 2019 Marketing crop set up in FarmLogs: • If you have a Marketing crop set up in FarmLogs, select a crop. • If you don't have a Marketing crop set up in FarmLogs, enter your Total crop acres and Estimated yield. Note: Total crop acres is the number of acres you market, not the total bushels you are enrolling in AutoHedge. 7. Select a Delivery month. 8. (Optional) Select a Default delivery location. 9. Enter the Enrollment quantity (number of bushels to enroll in AutoHedge). Note: You must enroll a minimum of 15,000 bushels for corn and a minimum of 5,000 bushels for soybeans. 10. Tap Start enroll process. A window appears with additional instructions. If you're using FarmLogs on the web to enroll:
1. Log in to FarmLogs on the web with your FarmLogs username and password. Note: If you don't have an account with FarmLogs, click Sign up now and fill out the necessary details to get started. 2. In the menu, click AutoHedge.
3. Click Get started for free. 4. If prompted, enter your zip code and phone number, and then tap Save Details.
5. In the new window, click Select to choose the crop type you would like to enroll.
6. In the window, do one of the following depending on whether or not you have a 2019 Marketing crop set up in FarmLogs: • If you have a Marketing crop set up in FarmLogs, select a crop. • If you don't have a Marketing crop set up in FarmLogs, enter your Total crop acres and Estimated yield. Note: Total crop acres is the number of acres you market, not the total bushels you are enrolling in AutoHedge. 7. Select a Delivery month.
8. (Optional) Select a Default delivery location.
9. Enter the Enrollment quantity (number of bushels to enroll in AutoHedge). Note: You must enroll a minimum of 15,000 bushels for corn and a minimum of 5,000 bushels for soybeans. 10. Click Request enrollment. A window appears with additional instructions.





How AutoHedge works

How AutoHedge works


AutoHedge is an averaging product that prices your grain during a time that has historically higher prices than harvest. Here's how it works: Step 1 - Enroll bushels through the AutoHedge app. An equal portion of the bushels you enroll are sold on each trading day for your pricing window. For example, if you enroll 30,000 bushels during the February 28 through July 31 pricing window, AutoHedge will automatically sell 277.77 bushels per day. Step 2 - Price more bushels when you like the price. During the pricing window, if the market hits a price that you like, you can Boost (or increase) the number of bushels that are priced that day. The remaining bushels will be evenly divided among the remaining trading days in the pricing window. For example, if you like the price for corn at $4.25 and choose to boost 10,000 bushels. After boosting, an equal portion of the remaining unpriced bushels will be priced each trading day for the remainder of the pricing window. Step 3 - Deliver your grain to your preferred buyer and get paid. Set a local delivery location right in the AutoHedge app. Deliver to your preferred buyer and get paid by the partner in your region.




What is the pricing window and reference contract for AutoHedge?


We chose our pricing window based on 20 years of historical corn and soybean prices. AutoHedge currently has two pricing windows:

  • February 28, 2019 through July 31, 2019
  • April 15, 2019 through July 3, 2019.

AutoHedge references a total of four different contracts in order to accommodate your delivery needs:
  • September Corn (CU19)
  • December Corn (CZ19)
  • September Soybeans (SU19)
  • November Soybeans (SX19)




How to use AutoHedge Boost


AutoHedge Boost gives you the option to increase the number of bushels priced on a specific day. The Boost feature is available on approved AutoHedge contracts during the pricing window for that contract. After boosting, an equal portion of the remaining unpriced bushels will be priced each remaining trading day. AutoHedge Boost Requirements:

  • Maximum of 3 Boosts per contract
  • Minimum of 5,000 bushels per Boost
  • If your contract has less than 5,000 bushels remaining to be priced, you can still Boost, but must Boost all of the remaining bushels in your contract
Here's how to use the Boost feature on mobile:
  1. Tap the menu button (three horizontal lines), and then tap AutoHedge Portfolio.
  2. From Your AutoHedge Portfolio screen, on the appropriate portfolio summary card, tap Boost.
  3. On the Boost screen, select the quantity of bushels to boost.
  4. Tap the confirmation button to confirm the Boost request (Price xxxx bu at $x.xx). A Boost requested window appears.
A Boost request is submitted to the buyer as a limit order. If the limit order fills, it will automatically be reflected in your account. If the order does not fill we will contact you to discuss next steps. Here's how to use the Boost feature using FarmLogs on the web:
  1. In the menu, click AutoHedge.
  2. On the AutoHedge Portfolio page, on the appropriate portfolio summary card, click Boost.
  3. In the new window, select the quantity of bushels to boost.
  4. Click the Confirmation button to confirm the Boost request (Price xxxx bu at $x.xx). A Boost requested window appears.
A Boost request is submitted to the buyer as a limit order. If the limit order fills, it will automatically be reflected in your account. If the order does not fill we will get in contact with you to discuss next steps.




Locking basis


After your AutoHedge enrollment is confirmed, you can lock in basis up to two days prior to the first notice date of your contract. If you don't set basis by that time, you will be assigned the current basis value two days prior to the first notice date of your contract. How you set basis depends on whether you're using the AutoHedge mobile app or FarmLogs on the web: If you're using the AutoHedge mobile app to set basis:

  1. Tap the menu button (three horizontal lines), and then tap AutoHedge Portfolio.
  2. On the appropriate portfolio position card, tap Lock basis.
  3. Select a delivery location.
  4. To confirm your request, tap Request basis lock for ($/bu).
FarmLogs will work with the buyer to lock basis. When your basis is locked you will receive an email confirmation and the app will be updated to reflect the basis lock. If for any reason that basis could not be locked, you will receive a call from our team. If you're using FarmLogs on the web to set basis in AutoHedge:
  1. In the menu, click AutoHedge.
  2. On the appropriate portfolio position card, click Request basis lock.
  3. Select a delivery location.
  4. To confirm your request, click Request basis lock for ($/bu).
FarmLogs will work with the buyer to lock basis. When your basis is locked you will receive an email confirmation and the app will be updated to reflect the basis lock. If for any reason that basis could not be locked, you will receive a call from our team.




Setting a delivery location


You set your preferred delivery location during the crop enrollment process. Available delivery locations will be dependent on which of our grain buying partners are in your region. If your preferred delivery location is not available in the app, please reach out to us at [email protected] to let us know your preferred location. We will work with you and try to get your preferred location approved.




Who is buying the grain


FarmLogs has partnered with well established, financially sound companies within the grain industry (FC Stone, CGB, and Scoular) to support the hedges and to ensure that you get paid. To learn more about the buyer in your area, email us at [email protected] or call (734) 431-6788.




Getting paid


Your payment will begin processing as soon as we receive confirmation of your delivery. Payment will be made directly to you (either through ACH direct deposit or by check) from our grain buying partner in your region. To learn more about our payment process, please reach out. Email us at [email protected] or give us a call at (734) 431-6788.





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AutoHedge is built and supported  by FarmLogs. To learn more about FarmLogs, please visit FarmLogs.com

Please note that past performance is not necessarily indicative of future results. The information contained on this site should not be considered advice to enter into a contract. © 2018