We’ve replaced the “Knowledge” section of our website with our “Tools and Tactics” section. We have retained this section as an archive of our Weekly Corn Market Updates for the 2020 Crop Year and original versions of some of our first articles. Updated versions of those articles can be found on our Tools and Tactics page. Future editions of the Weekly Corn Market Update will be stored on their own page.
Weekly Corn Market Update 04/09/20
Looking ahead to next week, we see a ~53.1% chance that Dec20 corn futures will finish the week higher. We'd consider movement within the $3.4100-$3.5950 per bushel range to be unremarkable. Noteworthy moves would extend to the $3.2275-$3.7450 per bushel range. Price action beyond that would be considered extreme.
Weekly Corn Market Update 03/27/20
Looking ahead to next week, we see a 54.10% chance that Dec20 corn futures will finish the week higher. We'd consider movement within the $3.5150-$3.7550 per bushel range to be unremarkable. Noteworthy moves would extend to the $3.3175-$3.9025 per bushel range. Price action beyond that would be considered extreme. We would not be surprised to see a noteworthy move this week on the heels of the USDA's Tuesday release.
Weekly Corn Market Update 03/20/20
Take control of your marketing and risk management plan. The season is far from over, and volatile markets create opportunities. A well-designed plan can help protect you from and even capitalize on volatile markets. Make sure you're working with a seasoned advisor that understands how to manage risk in a variety of market conditions.
Weekly Corn Market Update 03/13/20
In the shorter-term, looking ahead to next week, we see a 52.05% chance that Dec20 corn futures will finish the week higher. We'd consider movement within the $3.6225-$3.8325 per bushel range to be unremarkable. Noteworthy moves would extend to the $3.4500-$3.9875 per bushel range. Price action beyond that would be considered extreme.
The Fed Cut and Corn Prices
We hope you find this information interesting and useful. We plan to publish it regularly, so be sure to let us know if you have any questions or comments. We love to talk about marketing and risk management. We're here to help keep farmers in business and farms in the family for generations - education is just one way we can help.
Fall 2020 Crop Insurance Price Expectations
December 2020 corn futures settled at $3.77/bushel today. Readers should note that our model says the corn options market implies a well-over 50% chance that the Fall Price will be lower than today's settlement…
Risk Management vs. Speculation
Quartzite is in the business of measuring and mitigating risk. We're experts in the field, and we find it a more productive use of our time and our customers' time than guessing where markets are going. We're not against speculation - there are times and places for it. However, we see no reason that a producer's business should live and die with rises and falls in the markets. Instead, we want to give our clients the stability to invest in themselves and their businesses. We do our best to take the market out of the equation, and that is risk management.
Modern Option Trading – An Introduction
Modern option trading is complex, and useful information, at least in our opinion, is generally tucked-away in dense, boring books filled with complex mathematical equations. Or that information is passed down from trader-to-trader inside the walls of proprietary trading and options market-making firms – far away from the sight of the typical end-user.