"Margin Management Marketing" Weekly Market Outlook: Jan. 23-27

Matt Bennett with agmarket.net makes his first appearance on the Ag View Pitch Weekly Market Outlook. Matt starts the discussion with his philosophy of marketing and the importance of managing your profit margins and mitigating risk, especially when commodity prices are at the current levels. Chris and Matt discuss the possible 2023 acre mix and the decisions between planting corn versus soybeans or other crops from a profitability perspective. Matt explains the market strategies that he is using for some of his clients and the reasons for putting a floor on around 50% of your production risk. They wrap up the conversation, talking about the general economy, and some of the fundamentals to pay attention to in the weeks ahead as we head toward the February crop insurance price discovery.