Vaclavik: How to Handle Down Markets

Published on: 12:01PM Apr 07, 2020
It looks to be yet another chaotic week in both the financial markets and in the grain markets. Grain markets have been down and out. Joe discusses certain items to examine during down markets. Basis, spreads, and other factors should be examined even when when marketing opportunities appear to be non-existent. Joe also discusses recent news regarding the stocks market, crude oil, ethanol, and the livestock markets. What is a "courage call" option and why would a farmer buy one? Joe discusses the situation in detail. The Grain Markets and Other Stuff podcast focuses on grain markets, grain marketing, the business of farming, and a variety of other related topics. Joe Vaclavik is the owner of Standard Grain, a commodity brokerage and consulting business located in Tennessee. He spends his days providing farmers and feedlot operators with risk management services including brokerage and consulting. The Standard Grain Morning Update is popular read among farmers across the country. Joe spent the first 13 years of his career in the commodity business at the Chicago Board of Trade and relocated to the Greater Nashville area in 2018. Joe is a frequent guest on programs like US Farm Report, Ag Day, Agritalk Radio, many AM stations, and other news outlets. Aside from the commodity business, Joe enjoys music, fishing, BBQ, and spending time with his wife and three kids. Subscribe to the Grain Markets and Other Stuff podcast on Apple, Google, Spotify, Stitcher, and other podcast apps. Futures and options trading involves substantial risk of loss and is not suitable for everyone.