Options Don’t Work

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With corn and soybean yields in question and price rationing back on the table, Gulke says the farmers who treat volatility as the enemy — instead of the opportunity — are the ones left holding the top.
Government payments, insurance and regenerative incentives are worth about $0.52 per bushel on a 220-bu farm. Add them to a $5.49 December board and the marketing math changes — if you know your numbers line by line.
A year after StoneX’s survey shocked the market, two StoneX economists sit down for an exclusive interview, saying this year’s numbers tell a very different story about what will drive prices.
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After a growing season with multiple windstorms, tornadoes and 15" to 20" more rain than normal, Cody White in Maroa, Illinois is seeing corn bushels 25-30 bushels lower than last year.
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