The Bulls May Be Right. They May Also Be Too Early.

A bullish story can still be a tough market to sit through. With harvest bringing fresh supplies and funds already heavily committed to higher prices, what happens if the next USDA report doesn't deliver what the bulls expect?

Jon Prischmann and Ryan Tungseth break down why the longer-term case for corn hasn't disappeared, but the near-term risks deserve more attention. They discuss uneven corn yields, better-than-expected soybean yields, and why a yield cut alone might not be enough to move the market higher.

Then they tackle the decisions producers face during harvest: Does storing grain actually capture the carry? When might selling grain and buying calls make more sense than paying commercial storage? And how could selling calls against stored corn fit into a marketing plan? The conversation comes back to understanding the costs, tradeoffs, and financing before choosing your next move.

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