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Every time a few years of high prices are followed by a few years of lower prices, grain origination reaches a tipping point where we start to hear a distant groaning as contracts that were put to rest when buying was easy start to crack open the...
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We’re fortunate to observe grain companies over long periods of time. While they differ in geography, structure, scale, crop mix, and...
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The grain business deals with a lot of numbers – yields, bin capacities, prices, basis, spreads, moisture, supply, demand, and more. Along with the...
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A volatile market can make you feel like you don’t know anything about merchandising. Price, basis, and spreads swing around in bigger increments and...
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In the grain business, it’s easy to get distracted by the things we wish we could control. Prices, timing, market moves - these often feel just out...
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Your grain bid expresses your opinion of your own value to the people you are buying from. Pushing the bid a few cents seems like a small concession,...
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Reviewing the fundamentals of the basis trading environment The 2023-24 crop year was a transition away from inversion and into carry for corn and...
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As you get your facilities in top shape for the fall harvest, don’t overlook doing the same for your merchandising. A little bit of pre-harvest...
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There are several different ways to say it, but at the core having basis eyes means
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A big drop in prices has farmers understandably reluctant to sell, but the grain industry still needs to grind, process, ship, and otherwise do what...
