Cash prices
Jon Scheve explains how “free” storage programs are NOT actually free and hurt all farmers.
Jon Scheve explains how farmers LOSE money with “free” storage or DP (delayed pricing) offerings and urges farmers to stop using them.
Jon Scheve discusses how farmers who raise specialty corn often give away their risk premium and leave money on the table. He explains how farmers should sell to maximize their profit potential.
Jon Scheve discusses how buying bean puts last December worked out for him.
Jon Scheve discusses why corn prices might continue to go down for the next few months while soybean prices could have upside potential.
Jon Scheve discusses why corn may trade in a sideways range through harvest. However, beans might have more opportunity.
Jon Scheve discusses why corn prices might still go lower based upon the stocks-to-use ratio and historical trending.
Some farmers on social media have suggested the U.S. might be out of corn because of high basis bid values in the Corn Belt. Jon Scheve thinks the inverses in futures and the basis market during the summer are the cause.
Jon discusses yield uncertainty for corn and beans. Plus, final thoughts on the 2022 marketing year.