Center for Commercial Agriculture

Search

November 20, 2020

Welcome to our Strategic Crop Marketing Video Series

by Nathanael Thompson and James Mintert

Tweet
Share

We’ve recorded a series of short videos to help you improve your crop marketing skills. The first two videos review the importance of understanding basis when marketing crops and how to use historical data to forecast basis. Subsequent videos detail how storage hedging can work to your advantage, provide a comparison of historical returns to both unpriced storage and storage returns and discuss using knowledge of seasonal patterns in corn futures prices and corn futures price spreads to improve returns.

ARTICLES WITHIN PUBLICATION:

Importance of Crop Basis When Marketing Grain

November 20, 2020

In this short video learn about how an improved understanding of basis, the relationship between cash and futures market prices, can help you become a better grain marketer. During the video you’ll learn how to use the Purdue Center for Commercial Agriculture’s Crop Basis Tool to track historical basis patterns in your area as well as keep up with weekly regional changes in corn and soybean basis.

Read More

Forecasting Corn & Soybean Basis

November 20, 2020

One of the keys to improving your corn and soybean marketing skills is learning how to forecast basis. In this video you’ll learn how to use the Purdue Center for Commercial Agriculture’s Crop Basis Tool to help you generate corn and soybean basis forecasts for your local market region.

Read More

Role of Basis when making Corn and Soybean Storage Decisions

November 20, 2020

Learn how storage hedging provides an opportunity to capture the seasonal increase in basis that occurs during the storage season without speculating on corn or soybean futures prices. The details regarding how to implement, as well as calculate the returns to storage, for each strategy are discussed.

Read More

Comparing Historical Returns of Hedged vs Unhedged Corn and Soybean Storage Strategies

November 20, 2020

In this video Purdue ag economists Nathan Thompson and James Mintert examine the historical returns to hedged and unhedged corn and soybean storage. Average returns over the past 30 years are discussed.

Read More

Improving Corn Storage Returns

November 20, 2020

In this video learn how to improve corn storage returns by better understanding seasonality in both futures contract prices and futures contract price spreads. Purdue ag economists Nathan Thompson and James Mintert discuss how to design a corn marketing strategy that maximizes your marketing flexibility and makes it possible for you to take advantage of…

Read More
Strategic Crop Marketing Series

Tweet
Share

TAGS:

TEAM LINKS:

Jim Mintert

James Mintert

Nathanael Thompson

Nathanael Thompson

RELATED RESOURCES

Importance of Crop Basis when Marketing Grain

February 2, 2023

Basis is an important component for crop producers to consider when marketing grain because it is used to convert the futures price to a local cash equivalent. Futures prices and basis follow different seasonal patterns so the ability to manage futures price risk and basis risk independently creates an opportunity to improve returns. Join Purdue ag economists and co-creators of the Purdue Crop Basis Tool, Nathan Thompson and Jim Mintert for an episode discussing the advantages of using the Center’s Crop Basis Tool.

READ MORE

River Levels and Barge Rates Impacting Corn and Soybean Basis

November 23, 2022

Crop basis levels in many areas have been on a wild ride this fall. Several related factors have contributed to large swings in basis. Most notably, dry conditions in many areas have caused Mississippi River levels to drop.

READ MORE

UPCOMING EVENTS

Monthly Corn & Soybean Outlook Update

Webinar each month following USDA’s release of the updated World Agricultural Supply and Demand Estimates (WASDE). Catch the next monthly update on April 1 for the corn and soybean outlook following release of USDA’s Prospective Plantings reports. Registration is free.

Read More

POPULAR RESOURCES

2023 Crop Cost and Return Guide

March 24, 2023

The Purdue Crop Cost and Return Guide offers farmers a resource to project financials for the coming cropping year. These are the March 2023 crop budget estimations for 2023.

READ MORE

2023 Indiana Farm Custom Rates

March 24, 2023

The rates reported in this publication were compiled from questionnaires received from farmers, farm owners, farm custom operators, and professional farm managers in Indiana. Purdue Extension Educators distributed the questionnaires at meetings and events statewide during the last month of 2022 and the first three months of 2023. Respondents were asked to report custom rates they had either paid or received during the past year.

READ MORE

Making Your 2023 Crop Insurance Decision

February 24, 2023

Now is a great opportunity for producers to review their crop insurance choices for the upcoming season. Purdue University Center for Commercial Agriculture’s ag economists Michael Langemeier and James Mintert walk participants through key considerations for their 2023 insurance options. In particular, they discuss a handy thumb rule to use when considering an increase in coverage levels for RP insurance.

READ MORE
See What Others Like >>