#542 - “Pricing Headwinds” Weekly Market Outlook Nov. 13-17th

2023-11-12

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Jarod Creed with JC Ag Financial visits with Chris on this week's episode. The conversation begins with a discussion around final harvest results as many producers wrap up the 2023 harvest with a few areas still challenged with wet grain conditions. Jarod reviews last week's WASDE report and talks about what it might mean for producers in the months ahead. They go on to discuss numerous other topics, which include South American weather, Chinese demand, and the funds. The balance of...

Jarod Creed with JC Ag Financial visits with Chris on this week's episode.

The conversation begins with a discussion around final harvest results as many producers wrap up the 2023 harvest with a few areas still challenged with wet grain conditions.

Jarod reviews last week's WASDE report and talks about what it might mean for producers in the months ahead.

They go on to discuss numerous other topics, which include South American weather, Chinese demand, and the funds.

The balance of the conversation involves a detailed discussion around numerous considerations as producers do the math in order to decide how to market the remainder of the 2023 grain inventory while facing a bleak price picture.

Numerous layers factor in the discussion, as producers will need to balance opportunities with flat price, basis levels, storage cost, interest rates, inflation, market carry, and cash flow needs.

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