I have had great intentions to launch a "seasonal averaging contract" program for our grain customers. Typically, an averaging contract is simply an automated agreement between a grain producer and grain buyer to sell a pre-determined volume of grain at regular intervals over a period of time to try and achieve a price equal to … Continue reading When Average is Above Average
Great Expectations
If you haven't sold your old-crop soybeans yet, do you know what you're waiting for, or are you just waiting? Do you have a target, or is it just "more"? Cash soybean prices have been trending up since early-harvest lows, which really shouldn't be all that surprising, but at this point I think it's time … Continue reading Great Expectations
Groundhog Day
OK OK, so this is a day early, but welcome to Groundhog Day in the soybean market! Doesn't it seem like the soybean market has been quietly creeping higher, but every time we have "good" news, we get rewarded with a price dump? Yesterday the after-hours markets were all goofy because some reporter screwed up … Continue reading Groundhog Day
The Journey Begins
Thanks for joining me! I'm new at this whole "Blogging" thing... The BullSheet blog will be my place to share thoughts and ideas I have about grain marketing, farming, and other stuff I care about. I hope you will enjoy the blog, and please send comments and suggestions (especially for stuff you'd like me to … Continue reading The Journey Begins