Structured Market Tools, September WASDE Report, & Lockscreens

What will the yields look like with the dry summer heat?  On this episode of The High Ground powered by Premier Companies, hosts Jeff Jarrett and Sal Sama are joined by returning guest and fan favorite, Aaron Bledsoe.  If you’ve been around The High Ground very long, you already know Aaron is the Grain Merchandiser for Premier Companies, and he’s the best person around to answer that question.Aaron, Sal, and Jeff tackle a variety of topics including the recent WASDE (World Agricultural Supply and Demand Estimates) Report and current grain markets including recent construction projects and the struggle some of the midwest has with soybean yields.  The Bledsoe dictionary also makes an appearance to help us understand what the “basis” is and why it can be positive or negative.  Aaron will also explain the variety of tools available to help the grower work through their options if they have a yield that exceeds their on-farm storage including locking in a basis and DP (delayed pricing).  “I’d rather be proactive right now than kicking that can down the road.”