1 min read
The grain business deals with a lot of numbers – yields, bin capacities, prices, basis, spreads, moisture, supply, demand, and more. Along with the numbers come various reports, from the government and otherwise, as well as the many people who...
Read More
1 min read
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...
1 min read
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...
1 min read
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,...
2 min read
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...
1 min read
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...
1 min read
There are several different ways to say it, but at the core having basis eyes means
2 min read
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...
1 min read
I was recently talking to someone who buys 90% of the grain that crosses the scales; some spot and some forward contracted. The approach is nothing...
