#552 - “A New Paradigm” - Weekly Market Outlook: Jan. 8-12th

Jeff Fichtelman with interactiveag.com visits with Chris in this week's episode. Jeff provides some excellent perspective on the importance of recalibrating your mindset with where the corn and soybean markets have been versus where they are now.   He walks through some of the key principles needed to take advantage of small opportunities as they arise in this new marketing environment. Chris asks for some perspective on dealing with the glut of old-crop corn that many producers are still sitting on. Jeff explains the importance of managing the carry in the market in concert with basis opportunities, and the perspective or potential value of using call options on a percentage of old crop sales to leave some level of upside open. No recommendations here just some excellent perspective. The conversation continues with a brief discussion around additional market, influences: The Funds and demand prospects. IE China. They wrap up the conversation by discussing opportunities for 2024, including some discussion around the corn and soybean acre mix.