Closing Out A Profitable 2022 & Managing Risk in 2023. “Weekly Market Outlook” Dec. 27-30th

Jarod Creed with JC Marketing talks with Chris about the importance of finishing up 2022 sales in order to put the focus on risk management for 2023. Jarod maps out the next 45 -60 days as we move through January and into the February price discovery period for crop insurance. Several market factors in the next 60 days will need to be monitored closely as we manage our risk and take advantage of opportunities. Jarod explains the key issues to pay close attention to, including South American weather - specifically Argentina, the lack of interest from the funds to stay long without any “new” bullish news, and the importance of the January USDA Report. Jarod thinks the January report could be a “big mover” one way or an other calling it, “the Super Bowl of Usda reports.” Chris and Jarod finish up the conversation talking about current profit opportunities for 2023 and the importance of protecting your profit margins as we head into this new year.