USDA REPORT THIS WEEK. WHAT YOU SHOULD BE DOING

AUDIO COMMENTARY

  • Crop progress was nothing special. Will start meaning something in late April and early May

  • Some see corn stocks tighter and beans looser

  • This report is typically a non-major report

  • Tighter stocks are, more important weather is

  • Waiting for weather premium for sales

  • When buyers & farmers start to get nervous, farmers tend to buy back sales they made. Instead of doing that you want to actually make the sale

  • How I see price action shaking out based on USDA report

  • Expect wide choppy price action

  • Why courage calls are not a bad idea right now

  • Why is Brazil basis +90 cents better than a month ago?

  • What is YOUR time window?

  • What the wheat market needs to see

  • What to do if you are undersold vs oversold

  • What to do if you have grain on commercial storage

Listen to today’s audio below


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USDA IN 2 DAYS. THINGS TO WATCH & HOW TO BE PREPARED

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STRATEGIES ELEVATORS COULD BE OFFERING THAT YOU SHOULDN’T BE USING