Pricing new crop is rarely a low-risk venture — the crop is a long way from made and there’s a mountain of weather information, seeded acreage reports and variable demand to distill down into an opinion on price direction.
It’s exactly that type of distilling that Moe Agostino, with Farms.com Risk Management, does on a daily basis. RealAgriculture.com’s Shaun Haney caught up with Agostino at Canada’s Farm Progress Show to ask him where he sees wheat and canola, specifically, headed and whether or not a 20% commitment off the combine is prudent, crazy or way behind.
Coverage of Canada’s Farm Progress Show is brought to you by Syngenta Canada. See more on the latest machinery roll outs and show highlights by clicking here.
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