Agricultural Markets & Hedging Risk

Have Grains Found a Bottom?

Bubba is the guest on two different programs on Wednesday and he shares the interviews from Market Rally Radio and RFD Radio. Bubba shares most of the day with Chip Flory talking about the FED and their decision on interest rates. Bubba talks to Chip about working on the farm and asks him whether he reacts or uses theory to make his critical decisions?

Bubba and Chip discuss making money and the importance of being prepared for everything that can go wrong. Bubba believes it all starts with the marketing plan and hedging risk at all times. Bubba tells Chip that farmers are natural risk takers and that they tend to stretch a little too far while sometimes forgetting to keep their eye on the ball.

Bubba and Chip talk about the emotions that can get in the way when you are too active. Bubba explains that staring at the screen for minute by minute price quotes will harm the average person. Bubba goes on to discuss emotional decisions and how they affect your life, noting that everyone has made an emotional decision or said something in an emotional state that they later regret.

Bubba jumps from Market Rally to Mark Oppold of RFD. Mark and Bubba talk market specifics and what to expect in the upcoming weeks. Bubba feels that the grain space has found the bottom but will probably consolidate down here for awhile. Bubba likes the Cattle market yet is very concerned about the Hog markets.