August 11, 2023 |
ATI Newsletter 2023 - Week 32
Lower U.S. corn and soybean production and new-crop ending stocks highlighted the USDA’s August 11 Supply/Demand report. Immediately following the report, futures prices for corn and soybeans soared but subsequently collapsed to finish lower at the close of trading. This is yet another reminder that price is unpredictable and disciplined management of price volatility is an excellent way to defend your balance sheet. Your Advance Trading advisor is ready to provide guidance on your marketing strategy as harvest nears.