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Harvest is progressing and soybean yields are better than expected.

Published on: 02:30AM Sep 30, 2016

Harvest is progressing and soybean yields are better than expected.  

We are hearing better than expected soybean yields anywhere from 60 to 80 bushels per acre. Corn yields are mixed. In some areas we are hearing issues, but we feel the crop is out there it just depends what the final yield per bushel will be. In the end, there will be considerable grain supplies to work through and the only way to do it is low prices spark demand.

On any bounces in the market, any off the combine bushels should be sold and the market used to enhance revenue or reownership. Marketing is not going to get easier and calls should be bought now on harvest lows for the potential weather event next year.

Call our office if you have any questions and would like to discuss marketing strategies, call Bob or Laura (1-800-832-1488). We welcome emails to laura@utterbackmarketing.com or utterback@utterbackmarketing.com.

THIS MATERIAL HAS BEEN PREPARED BY A SALES OR TRADING EMPLOYEE OR AGENT OF UTTERBACK MARKETING SERVICES, INC. AND IS, OR IS IN THE NATURE OF A SOLICITATION. THIS MATERIAL IS NOT A RESEARCH REPORT PREPARED BY UTTERBACK MARKETING SERVICES, INC. BY ACCEPTING THIS COMMUNICATION, YOU AGREE THAT YOU ARE AN EXPERIENCED USER OF THE FUTURES MARKETS, CAPABLE OF MAKING INDEPENDENT TRADING DECISIONS, AND AGREE THAT YOU ARE NOT, AND WILL NOT, RELY SOLELY ON THIS COMMUNICATION IN MAKING TRADING DECISIONS.

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