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Groundhog says early spring. Are you ready?

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It is hard to believe it is February and the ground hog predicted an early spring.

I thought I should start a discussion on your 2013 grain marketing plans.

There was an article the other day that said the majority of farmers have been ignoring their 2013 marketing.

If this is the case on your farm, I suggest you pay attention to a number of very bearish factors.

I will include a Market School video that presents the factors I am considering this year.

The Drought continuing is certainly one of the factors but beware that a few wide spread rainfall events and with the big acreages of corn and soybeans to be planted, prices will not hold at the current levels. I am planning to do an extensive Midwestern crop tour again this spring to investigate the drought conditions....stay tuned in June.

What is keeping everyone so bullish if you have not marketed any 2013 grain? Don't tell me you still have some 2012 crop in storage. You never go broke taking a profit.

Take care and let me know if you have any questions or don't agree with me.

Moe Agostino
Commodity Marketing Strategist
Farms.com Risk Management
moe.agostino@farms.com
877 438-5729 x5040

P.S. If you want a copy of our 2013 grain marketing plan and recommendations, call or email.
Author :          Moe Agostino
Date Posted : 2/2/2013 12:29:12 PM
Market School Lesson: 2013 Factors To Watch. Report this Message    |   Reply to this Message
Date Posted : 2/2/2013 12:38:36 PM
  
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