ATCHISON, Kan. — As 2017 comes to a close, many producers will be putting together a strategy for turning a profit amid tight margins in the corn, soybean and wheat markets.
The winter months are the best time of year to complete a marketing plan, according to Mike Zuzolo from Global Commodity Analytics.
“Things slow down around the farm this time of year and it makes for an ideal opportunity to sit down with your family and others involved in the operation to go over your 2017 marketing analysis, your 2018 marketing game plan and look at long-term goals as well,” Zuzolo said. “This time of year there is less stress, less emotion and less weather volatility to impact farmers and some of the most important, sound marketing decisions can be made.”
Zuzolo said over the years the plans that he has laid out over the winter with clients of what makes them profitable and how they plan on locking that profit in, have been valuable.
“In today’s world of the computer generated trading and the algo-trading and all of the geopolitics happening around us we feel like we can’t get a hold of these markets,” Zuzolo said. “I think you can if you just take a step back in the winter time.”
Zuzolo sees opportunities in 2018 to get better prices than 2017 in corn and wheat especially, citing lower outputs of those commodities, as well as the upward direction of interest rates and crude oil prices.
ABOUT GLOBAL COMMODITY ANALYTICS
Headquartered out of his home-office in Atchison, KS, Mike’s office at Global Commodity Analytics & Consulting LLC is as technologically advanced as many offices in cities such as Chicago and New York, with state-of-the-art trading software and real-time quotes. Global Commodity Analytics clears its futures and options trades through one of the premier FCM’s in the country, Straits Financial LLC. Sign up for a free 2-week newsletter trial at www.GlobalAnalytics.biz
–Global Commodity Analytics & Consulting LLC