#519 - “Weather & Crop Conditions Still the Big Question for Grain Prices” - Weekly Market Update July 31 -Aug. 4th

Matt Bennett with AgMarket.Net visits with Chris on the markets for the week ahead. They discuss numerous topics: 1. Crop conditions 2. Weather 3. Farmer selling, or lack of 4. Potential price ranges for corn and soybeans. 5. Russia - Ukraine war 6.Current dismal demand. 7. Fund positioning. 8. Interest rates: the impact on the cost of production and the challenge it creates for holding onto grain inventory, especially for those who have a tighter working capital position. 9. 2023 and 2024 Sales. 10. The importance of setting margin targets instead of price targets, and then following up with disciplined offers to catch the market opportunities when time is of the essence.