Weekly Market Outlook: Oct. 10th-14th Macro & Micro Market Drivers Discussed

Joe Vaclavik with Standard Grain visits with Chris about numerous macro and micro considerations for your marketing as we continue through harvest season. The conversation starts with Joe explaining the importance of paying attention to the following macro fundamentals including the general economy, stock market, inflation, interest rates, Russian nuclear threats, South American production, and the recent price rally in crude oil. The second part of the conversation is more about some of the Micro decisions that need to be made at the farm level. They discuss best practices for managing basis and understanding the opportunities of possibly rolling some of your HTA’s depending on the market carry, storage, logistics and cash flow needs. They finalize the conversation around 2023 sales and the importance of managing your margins as you make future decisions for 2023.