Happy Holidays!!! As we have turned the page on harvest and starting to enter the new year, now is a good time to start game planning for what we have in our bins and even looking at some new crop. The markets have been well supported by the ethanol and soybean crush margins. There has been some volatility in the market over the last several weeks, but I don’t expect things to change over the next week. I think it’s important that farmers are aware and monitor the rebalancing of the funds, which typically takes place at the end of the year. A lot of eyes will now turn to Brazil as we will start to see their crops coming off. We also have to start thinking about what U.S. exports for corn and soybeans will look like. With all the unknowns, we advise you not to try and hit the homerun. Instead, I wouldn’t be afraid to make some smaller sales now and then put in some offers.

The next WASDE report will be released on Wednesday, January 12. This WASDE report will cover the final production numbers as well as supply & demand. If you have any questions, make sure to reach out to your Grain Marketing Specialist to help ensure you’re managing your own risk.

Merry Christmas & Happy New Year!
Jens Lantz