Money Making Mondays Aug 8

Monday, August 8, 2022, 2:19:12 p.m. UTC

Money Making Mondays

Top 3 – Things to Watch this week:

1. Southern Alberta Harvest Starting. Feed lots are wrapping up on all their corn supplies and will be switching back to barley. Demand will be going up, but don’t expect price to follow.

2. Russia and China goings on. Russia is still at war with Ukraine and China is most likely going to invade Taiwan. Also, both countries are working on a gold standard type new currency. This is probably the most important thing in the last 50 years.

3. Weather and yield prospects creating volatility, again. Expect the market to remain extremely volatile. Market is starting to focus on corn and soybean yields.

This week’s Action Item:

Targets. Get your targets in.  By now you should have a rough estimate on your production. Now is the time to get caught up on sales.

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