Blogging by the Bushel
With numerous challenges over the past several years for producers, we at Mercer Landmark understand the need for a comprehensive risk management solution. We seek to provide our customers with unparalleled service to ensure maximum results.

What in the world has gotten into the market as the Christmas holiday is fast approaching? Normally this time of year the market is pretty quiet and volume is reduced as traders move to the sidelines for a bit. However, it appears that this has not been the case as of late as the market wants to move higher under pressure from the bulls.  Chatter that the tight supply will persist into the New Year and demand will remain strong is adding to the firestorm. Each day we trade higher increases the odds that a lot of the bullish expectation will be factored into the market before the January 12th crop report.  In addition with little selling interest right now it doesn’t take much to move the market. It has been almost too easy for the market to move higher. If selling does develop, which could happen before the first of the year the market could experience a correction quickly. In the mean time start to really think hard about moving some old crop beans at $13.00 or corn as the market moves closer to $6.00. Don’t be afraid to sell bushels as needed whether it is for tax reasons or for some holiday cash.

Anna Kaverman

Mercer Landmark

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