"Grain & Cattle Marketing Update - Fall 2023" w/David Derwin

In this week's episode, Tracy speaks to David Derwin in our "Grain & Cattle Marketing Update: Fall 2023." It's hard to know what to do when markets are continually changing. But as we all know, markets do just that; they always go up and down. In today's episode, David shares a few insights about what producers can do for their grain and cattle marketing in fall 2023. David gives our audience a brief overview of current market conditions and prices. Many producers are finding themselves with better-than-expected yields and have to sell for bin space or cash flow purposes. But many are not necessarily seeing the price they want. David shares his thoughts on this. Prices have come down a lot for wheat, corn, and barley. Durum prices are strong, and oilseed prices are still decent. David speaks to the different marketing strategies for each commodity. Tracy asks David about marketing and hedging strategies used so far this crop year. They discuss high-interest rates and their impact on selling and storage decisions. Given the high cattle prices, David discusses some hedging alternatives for beef producers. Don't miss this week's episode, where we chat about all things grain and cattle marketing. ...............................