Friday, November 6, 2009
Marketing on the mind?
Does anyone have any idea what to think about the price of corn right now? It seems that the market place is quickly shifting between bullish and bearish views of the crop. Over the past weeks to even the past days we have been seeing large fluxes in prices anywhere from a few cents up to 14-15 cent changes in a day. All of this brings to mind marketing. As many of you know this time of the year becomes filled with days of meetings for me as well as planning for the upcoming winter meeting season. This week has been no different (hence the blog isn't getting updated quite as often). However today at a meeting I was talking with one of our educators from risk management and it looks like we will can get a marketing class to come to the county this winter. For some of us marketing seems foreign since commodities are kept on farm and fed to livestock, however, even if you only feed livestock chances are you are largely effected by the market since you need to decide when to buy and not to buy additional feeds. Hopefully we will get a meeting together for this winter and we can all cut through a little bit of the haze surrounding marketing.
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