These tools of the trade will help you with a clear, consistent commodity price management approach.
Keep an eye on these issues as you start planting.
Faces in Agriculture
Add these items to your marketing to-do list.
In this international marketplace that we live in, it is important to keep abreast of the global crop conditions in other parts of the world. Here's what's happening in Brazil.
Never stop promoting agriculture to our youth!
Sometimes it doesn’t seem fair that we have to monitor so many potential price aspects and market movers on a daily basis.
You've probably heard the old adage, "Oats know where corn goes." What does that mean?
What a difference a few months make. Back in October, the corn market was assuming carryout near 2 billion bushels. Some prophesied price outlook of doom and gloom, forgetting that low prices cure low prices. Demand picked up for $4.00 corn, and in just a matter of months, enough corn was consumed that carryout went from 2 billion bushels to the most recent USDA data of 1.456 billion bushels. THAT, along with the black swan event of Ukraine’s political situation, is what allowed for the recent near-$1.00 price rally in corn.
After months of lower corn prices and what seemed like an eternity of negative outlook, corn futures showed a flicker of life on January 10 after that day’s USDA report came out with a touch of a friendly tone.