News & Publications
August 27, 2024 |
Store and Ignore Isn't a Plan
Ag Marketing IQ: Don’t bury your operation by falling behind on grain marketing decisions.
Markets remain impossible to predict with any consistency. This is a crucial concept to accept and own as you embrace the uncertainty that could lie ahead. Position and prepare for future volatility as you make the marketing decisions you need to execute over the coming months. There has undoubtedly been a lot of bearish news built into the markets lately; sentiment has officially swung, and you can feel it talking to farmers.
The most disappointing change has been the funds' ability to cover nearly one-third of their net short position in corn over the past month without sparking a rally. The market is 20 to 30 cents lower.
