“Price Pressure Continues; Any Price Hope Ahead?” - Weekly Market Outlook: July 15-19th

Jarod Creed visits with Chris and this week Market Outlook.

Lack of demand, strong crop conditions, and burdensome supplies continue to pressure the markets.

Jarod updates everyone on the continued challenges, but some opportunities could lie ahead if we would catch a late growing season weather market on soybeans. However, time is running out for the weather to have any impact. Any price increases will be tampered by farmers sales, and the likelihood that Funds will not reduce their short positions.

They wrap up the conversation discussing how crop insurance should be considered in concert with your marketing plan to maximize on any profit potential that could come out of the season.