Using Your Bean To Market Your Grain

7/23/21 – Using your Bean to Market Your Grain – this week we look at the weekly crop progress report as a tool in the marketing toolbox. How is it put together weekly, what does it indicate in terms of giving us a potential yield, and what do we do with that information?
7/16/21 – Using your Bean to Market your Grain – This week a quick recap of how USDA comes up with the yield estimates in the WASDE report… there is a progression of how that yield number is vetted, and therefore has an impact on stocks and price projections.
7/9/21 – Using your Bean to Market your Grain – This week we take USDA’s numbers from the acreage and stocks reports and plug them into our marketing plan… this way we can have a reasonable estimate of stocks to use and price projections for the upcoming harvest.
7/2/21 – Using your Bean to Market your Grain – we take the information from USDA’s Wednesday reports and take a critical look at the information…. where did it come from, what were the high points, and what do we do with the information.
6/25/21 – Using your Bean to Market your Grain – discussion about the pending USDA reports next week…. How does USDA assemble the quarterly Grain Stocks report and the Planted Acreage report…. could these reports hold surprises this year, and why they are so important.
6/18/21 Using your Bean to Market your Grain…. today’s topics are the RFS and RINs…. alphabet soup? Perhaps… but the Renewable Fuels Standard and Renewable ID Numbers are very much connected to ethanol markets, which impact the corn market, this is why its important to at least understand what they are, how they are connected, and why they are being talked about today.
6/11/21 – Using your Bean to Market your Grain…. this week we recap the WASDE out from USDA yesterday, and take the information and plug into our marketing plan…. but there are other factors that are influencing the markets as well, including weekly crop progress and daily weather runs…. We’ll talk about how to use this information to execute your marketing plan.
6/4/21 – Using your Bean to Market your Grain – this weeks’ discussion focuses on the daily trading limits in corn and soybean futures…. Jeff talks about the recent change to the daily limits, what happens when the markets trade the limit, and how the daily limits are determined by the CME Group (spoiler alert… there is a method to the madness!).
5/28/21 – Using your Bean to Market Your Grain – Part 2 of the series on ways to take advantage of higher prices while protecting against lower prices. This week we examine how the put option can be used in today’s marketing environment.
5/21/21 – Using your Bean to Market your Grain – this week we start a short series on tools you can use now to help follow through on your marketing plan. With the volatility in the markets over the last few months, we talk about the fears that present themselves, and how we can address those fears, preserve value, and raise the level of comfort with your plan.
5/14/21 – Using your Bean to Market your Grain – this week we recap the WASDE report that came out this week… what were the numbers of interest to the market, how did they compare to pre-report estimates, what’s different about this month’s report, and how do we use this new information in our marketing plan.
5/7/21 – Using your Bean to Market your Grain…. discusses changes in the “nuts and bolts” of how the markets operate… including fund limits and changes in daily price limits for corn, soybeans, and wheat.
4/30/21 – Using your Bean to Market your Grain – This week we examine the weekly crop progress report… what is it, how is it assembled each week, and how can we use it in our marketing strategy.
4/23/21 – Using your Bean to Market your Grain – we follow up last week’s discussion about the Safrinha corn crop production discussion with some demand discussion and talk about an expanding corn ethanol market in Brazil.
4/16/21 – Using your Bean to Market your Grain – This week’s discussion focuses on the Safrinha corn crop in Brazil… what it is, how it came to be, and why the markets pay such close attention to it.
4/9/21 – Using your Bean to Market your Grain…. USDA updated their World Ag Supply and Demand tables today…. Jeff has the latest numbers, along with market reaction.  Also, let’s take those numbers and update our price projections and use them in our marketing plan.