#561 - “Risk Management Season!” - Weekly Market Outlook: Feb. 5-9th

Jarod Creed with JC Marketing, visits with Chris in this week’s episode. At the beginning of the February price discovery for crop insurance; corn comes in around $4.77 while soybeans come in around $11.70. Jarod and Chris discussed the possibility of market movers during the month of February, however, unless the Funds begin to lighten up on short positioning, all other prospects for moving the markets higher look bleak currently. Additionally, with the massive amount of old crop corn still in farmers hands, it makes any price increase extremely difficult. The balance of the conversation revolves around strategies to consider with your crop insurance plans. Jarod goes on to explain numerous programs which are available through different insurance companies in order to minimize risk as think through the best decisions to protect your farms bottom line.