A premium firm's market outlook. To view this email as a web page,
click here | | Corn Producers:
Enter standing order to increase 2019-crop sales… Earlier this week December corn futures rallied around 40 cents from their September lows. While we feel there’s more upside potential, we also realize farmer sales will pick up if December corn futures approach the $4 level. Therefore, we recommend corn producers enter a standing order to sell another 10% of 2019-crop in the cash market if December futures hit $3.98. We would like to make sales ahead of USDA’s Oct. 10 report, even if prices don’t hit our order. Also be prepared to start 2020-crop sales.
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