Weekly Market Outlook: Nov. 14-18th. Managing Opportunities.

Mark Welch, grain marketing specialist with Texas A&M, visits with Chris about numerous fundamentals that could be moving the markets in the next several weeks/months. Mark emphasizes the importance of taking advantage of opportunities when they present themselves. The 2022 crop yields are now a “known” for many operations and make it easier to plan for marketing the balance of your crop in order to achieve your desired economic results. They go on to discuss a number of macro situations to pay attention to as we head toward the end of the year including the Ukraine and Russian war, China, South American weather, and the general US economy. Sometimes it just takes one headline to move the market drastically one way or another. We’ve been in a tight trading range for quite some time now and at some point we will break out of that range. Additionally, Mark explains some fundamentals to consider around your 2023 marketing. As harvest gets wrapped up it’s now time to sit down and crunch your numbers in order to make the best decisions for your operations financial success.