We’ve replaced the “Knowledge” section of our website with our “Tools and Tactics” section. We have retained this section as an archive of our Weekly Corn Market Updates for the 2020 Crop Year and original versions of some of our first articles. Updated versions of those articles can be found on our Tools and Tactics page. Future editions of the Weekly Corn Market Update will be stored on their own page.
Weekly Corn Market Update 03/27/20
Looking ahead to next week, we see a 54.10% chance that Dec20 corn futures will finish the week higher. We'd consider movement within the $3.5150-$3.7550 per bushel range to be unremarkable. Noteworthy moves would extend to the $3.3175-$3.9025 per bushel range. Price action beyond that would be considered extreme. We would not be surprised to see a noteworthy move this week on the heels of the USDA's Tuesday release.
Weekly Corn Market Update 03/20/20
Take control of your marketing and risk management plan. The season is far from over, and volatile markets create opportunities. A well-designed plan can help protect you from and even capitalize on volatile markets. Make sure you're working with a seasoned advisor that understands how to manage risk in a variety of market conditions.
Weekly Corn Market Update 03/13/20
In the shorter-term, looking ahead to next week, we see a 52.05% chance that Dec20 corn futures will finish the week higher. We'd consider movement within the $3.6225-$3.8325 per bushel range to be unremarkable. Noteworthy moves would extend to the $3.4500-$3.9875 per bushel range. Price action beyond that would be considered extreme.
Fall 2020 Crop Insurance Price Expectations
December 2020 corn futures settled at $3.77/bushel today. Readers should note that our model says the corn options market implies a well-over 50% chance that the Fall Price will be lower than today's settlement…
Modern Option Trading – An Introduction
Modern option trading is complex, and useful information, at least in our opinion, is generally tucked-away in dense, boring books filled with complex mathematical equations. Or that information is passed down from trader-to-trader inside the walls of proprietary trading and options market-making firms – far away from the sight of the typical end-user.
Coining Some Terms
Risk management is intimidating. At Quartzite Risk Management LLC (Quartzite), in addition to our role as an advisor, we want to go the extra mile by being an educational resource for our clients. We offer this note in that spirit. The goal of this piece is to use an ordinary coin flip in examples to shed some light on a few of the terms we often use when advising our clients.
The Relationship Between Risk, Reward, Edge, and Risk Management
Risk is the potential for loss. A reward is a potential gain. Because we see risk and reward in many parts of life, we all have an understanding of these concepts and how they are two sides of the same coin.