December 15, 2023 |
ATI Newsletter 2023 - Week 50
Calendar year 2023 saw some “twists and turns” that surprised market observers. A case in point is much higher than expected U.S. corn planted acreage. This helped fuel a downturn in 2023 corn futures during and after harvest to under $4.60. This underscores an important principle as it relates to marketing: It’s not about predicting price it’s about protecting against a surprise in the market. Designing and implementing a disciplined risk management plan will be essential to successful marketing in 2024. As always, your Advance Trading advisor is well positioned to assist in developing a strategy to meet your needs.