As promised in an earlier writing, in the coming months we
will break down possible scenarios regarding outside market influences that can drastically affect the price of commodity futures -- things other than general
By looking at and understanding how these outside market
factors can shape and influence the price of grains or livestock, you can
ultimately assist your own awareness in long-term scenario planning, which
ultimately leads to your successful commodity pricing.
2012 was a crazy marketing year. Take control in 2013.
Wondering about your 2013 corn and whether to price or not?
You're not alone. Right now you can likely forward contract and receive close
to a $6.00 cash price for fall delivery, and for many of you, that's close to
$1.00 profit on your acres.
When was the last time you ate a frozen TV dinner? If you've had one lately, you're probably
well aware of how convenient they are -- just place in the oven or microwave. Separate compartments house different
components of the entrée, and after a few minutes, these nuked delicacies are
ready to savor. The tray holds everything from corn to beef roast to a brownie
for dessert. Delicious! Or so some folks say.
have always had a passion for educating women about farm markets, mostly
because so many women feel like the lone corn stalk in a field of soybeans when
talking about the markets in a largely male-dominated field.
$8.00, $9.00 or $10.00?
With the wild market swings that can occur on nearly a daily
level, it's hard to know for sure when to pull the trigger on making sales.
Volatility can be gut wrenching and can leave a person feel like they are like
a yo-yo -- up and down quickly and at times out of control. It doesn't matter
what market a producer is looking at, whether it's the milk, corn, crude oil or
stock market. Every market is a lot more volatile these days. Markets normally
taking weeks or months to move 2%-5% are now making those types of moves in a
You know what? I'm going to go out on a limb and declare the
USDA report wrong. This last USDA report kept corn ending stocks for the U.S. unchanged
at 801 million bushels. Trade isn't buying it. Me either. Most analysts are still
using between 570-740 million bushels as the true U.S. old crop corn carryout versus
the USDA's recent announcement of 801 million bushels.
All the information gathering, all the analyzing, all the plans we make can be disrupted by something unexpected. And it seems that those unexpected things are coming more frequently these days. That requires a shift in our thinking.
“It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness … it was the spring of hope, it was the winter of despair…” The penned words of Charles Dickens written 150 years ago are also true today when it comes to marketing.