The Ag View Pitch

#563 - “Navigating Bear Markets” - Weekly Market Outlook: Feb. 12-16th.

02.11.2024 - By Ag View PitchPlay

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 Matt Bennett with AgMarket.Net visits with Chris in this weeks episode.

Matt and Chris discuss the market pressures that continue to weigh on prices.

As we are working through the February crop insurance price discovery for corn and soybeans; Matt and Chris discuss some of the possibilities and potential considerations as we move toward the March decision timeframe.

They go onto to discuss outside fundamentals, such as the funds taking on additional short positions potentially, weather in South America, basis levels, and demand pressures.

They wrap up the conversation discussing some practical considerations for 2024 along with some considerations for offloading, the balance of the 2023 crop as opportunities “hopefully” present themselves.

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