#537 - ”Better Than Expected Season!” Weekly Market Outlook: Oct.9-13th

Jarod Creed with JC Ag Financial Services talks with Chris in this episode about key marketing topics as we progress deeper into harvest season. They both talk about harvest updates for themselves and clients. Many producers are pleasantly surprised with yields higher than expectation in both corn and soybeans. However, there are still some areas where yields are falling short in some of the extreme dry areas. Jarod makes note of the current insurance fall discovery price for both corn and soybeans. Corn is at $4.90 while soybeans are at $12.74 ending the first week of October. They go on to discuss some of the probabilities from the USDA report coming up on Thursday, October 12th. Jarod also dives into some of the following topics to pay attention to in the next couple of weeks.

1. Fund positioning.
2. Basis management.
3. Current energy markets.
4. Managing interest rates / cash flow, market carry, and your harvest logistics.

If you have questions for Jarod, you can reach him at: jarod@eliteagins.com