We attach the master market plan we recommend you to follow for all your grain crops. The decision-making tools are the same as in the past, but the importance of fundamental outlook has been down-graded to an equal value with the other three factors. In 2019 and 2023 into 2024, fundamental factors were totally ignored by the market and it was costly to you.
All of us farmer-type people put way too much importance on the fundamentals. We see a bad weather forecast or dry fields and we cannot understand why the market does not see what we see.
That is why we will equate fundamentals with seasonal trend, profitability, and technical analysis. You will also need to change your attitude about fundamentals as we have. You also need to get comfortable with HTA contracts and put options before you need to use them so you can pull the trigger when you need to do so.
We will use this market plan as the map to lead all of us to more profit through better marketing.