"Grain & Cattle Marketing Update - Fall 2023" w/David Derwin

In this week’s episode, Tracy speaks to David Derwin in our “Grain & Cattle Marketing Update: Fall 2023.” It’s hard to know what to do when markets are continually changing. But as we all know, markets do just that; they always go up and down. In today’s episode, David shares a few insights about what producers can do for their grain and cattle marketing in fall 2023.

• David gives our audience a brief overview of current market conditions and prices.
• Many producers are finding themselves with better-than-expected yields and have to sell for bin space or cash flow purposes. But many are not necessarily seeing the price they want. David shares his thoughts on this.
• Prices have come down a lot for wheat, corn, and barley. Durum prices are strong, and oilseed prices are still decent. David speaks to the different marketing strategies for each commodity.
• Tracy asks David about marketing and hedging strategies used so far this crop year.
• They discuss high-interest rates and their impact on selling and storage decisions.
• Given the high cattle prices, David discusses some hedging alternatives for beef producers.

Don’t miss this week’s episode, where we chat about all things grain and cattle marketing.

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