Market Grain Report

Today the market has some negativity, funds are long and likely taking some profits prior to the USDA report at 11am.

Moving into the report the bulls are looking for opportunity.  We may see harvested acres adjusted downward.  1st quarter demand looks to be strong, but with a record crop year we may see some substantial stocks numbers to offset this.  It will be interesting to see where we land.

Strategy would be to enter in an offer, shoot for the sky.  You just never know the volatility this report can bring.  Report info to follow.

Greg Mockenhaupt

ProEdge Risk Management Consultant

P: (402) 685-5613 | C: (402) 380-9855 | Greg.Mockenhaupt@cvacoop.com

1007 County Road O

Oakland, NE 68045

www.cvacoop.com