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Andrew Luzum

👤 Person
501 total appearances

Appearances Over Time

Podcast Appearances

Farm4Profit Podcast
Breaking Down the November WASDE Report: Andrew Kaabes - Lighthouse Commodities

I think, like I said earlier, you know, look for these good basis opportunities and opportunity to get stuff set, get a home for stuff. Um, maybe if, if, if the end user allows you to get stuff rolled out, you know, roll it out versus a further month at a decent spread and, and, you know, either take your, Take your gain, you know, take your advance on it.

Farm4Profit Podcast
Breaking Down the November WASDE Report: Andrew Kaabes - Lighthouse Commodities

But, you know, look for these opportunities because what basis is telling us is nobody else is interested in selling corn today at these levels. So you should be. And, you know, wait for that board to come around and take advantage of that higher board when after that grain shipped.

Farm4Profit Podcast
Breaking Down the November WASDE Report: Andrew Kaabes - Lighthouse Commodities

But, you know, look for these opportunities because what basis is telling us is nobody else is interested in selling corn today at these levels. So you should be. And, you know, wait for that board to come around and take advantage of that higher board when after that grain shipped.

Farm4Profit Podcast
Breaking Down the November WASDE Report: Andrew Kaabes - Lighthouse Commodities

But, you know, look for these opportunities because what basis is telling us is nobody else is interested in selling corn today at these levels. So you should be. And, you know, wait for that board to come around and take advantage of that higher board when after that grain shipped.

Farm4Profit Podcast
Breaking Down the November WASDE Report: Andrew Kaabes - Lighthouse Commodities

Uh, not in Nebraska. I know. I mean, it's just emergency temp storage. Um, I don't know if there's different rules. I mean, every grain regulator does things differently.

Farm4Profit Podcast
Breaking Down the November WASDE Report: Andrew Kaabes - Lighthouse Commodities

Uh, not in Nebraska. I know. I mean, it's just emergency temp storage. Um, I don't know if there's different rules. I mean, every grain regulator does things differently.

Farm4Profit Podcast
Breaking Down the November WASDE Report: Andrew Kaabes - Lighthouse Commodities

Uh, not in Nebraska. I know. I mean, it's just emergency temp storage. Um, I don't know if there's different rules. I mean, every grain regulator does things differently.

Farm4Profit Podcast
Breaking Down the November WASDE Report: Andrew Kaabes - Lighthouse Commodities

Yeah, domestically, winter wheat crop got seeded indecently. There's been some concern about the Russian crop, which obviously is the big dog in the winter wheat world in this day and age. They were extremely dry this fall during seeding. They have picked up some moisture, but that's... Why you've seen, you know, we're back to about where we were 30 days ago in the wheat market.

Farm4Profit Podcast
Breaking Down the November WASDE Report: Andrew Kaabes - Lighthouse Commodities

Yeah, domestically, winter wheat crop got seeded indecently. There's been some concern about the Russian crop, which obviously is the big dog in the winter wheat world in this day and age. They were extremely dry this fall during seeding. They have picked up some moisture, but that's... Why you've seen, you know, we're back to about where we were 30 days ago in the wheat market.

Farm4Profit Podcast
Breaking Down the November WASDE Report: Andrew Kaabes - Lighthouse Commodities

Yeah, domestically, winter wheat crop got seeded indecently. There's been some concern about the Russian crop, which obviously is the big dog in the winter wheat world in this day and age. They were extremely dry this fall during seeding. They have picked up some moisture, but that's... Why you've seen, you know, we're back to about where we were 30 days ago in the wheat market.

Farm4Profit Podcast
Breaking Down the November WASDE Report: Andrew Kaabes - Lighthouse Commodities

But, you know, we're still historically tied overall in the world we carry out. And that's something that, you know, watching in the spring is still not something that, you know, Corey's going to go decide that he wants to go plant spring wheat on his farm this spring in Iowa per se.

Farm4Profit Podcast
Breaking Down the November WASDE Report: Andrew Kaabes - Lighthouse Commodities

But, you know, we're still historically tied overall in the world we carry out. And that's something that, you know, watching in the spring is still not something that, you know, Corey's going to go decide that he wants to go plant spring wheat on his farm this spring in Iowa per se.

Farm4Profit Podcast
Breaking Down the November WASDE Report: Andrew Kaabes - Lighthouse Commodities

But, you know, we're still historically tied overall in the world we carry out. And that's something that, you know, watching in the spring is still not something that, you know, Corey's going to go decide that he wants to go plant spring wheat on his farm this spring in Iowa per se.

Farm4Profit Podcast
Breaking Down the November WASDE Report: Andrew Kaabes - Lighthouse Commodities

But to the extent that, you know, I think if wheat rallies, it's usually a pretty good sign for corn to want to rally alongside with it or tag along there.

Farm4Profit Podcast
Breaking Down the November WASDE Report: Andrew Kaabes - Lighthouse Commodities

But to the extent that, you know, I think if wheat rallies, it's usually a pretty good sign for corn to want to rally alongside with it or tag along there.

Farm4Profit Podcast
Breaking Down the November WASDE Report: Andrew Kaabes - Lighthouse Commodities

But to the extent that, you know, I think if wheat rallies, it's usually a pretty good sign for corn to want to rally alongside with it or tag along there.

Farm4Profit Podcast
Breaking Down the November WASDE Report: Andrew Kaabes - Lighthouse Commodities

as they're replaceable across the globe is, you know, feed grains and a tight weed balance sheet, a tightening corn balance sheet, a safrinha crop that isn't in the bin yet, you know, certainly not a recipe for $7 corn right now, but certainly you, you've got the recipe for way better potential for the upside longer term here than, you know, back sub $4 corn anytime soon. Huh.

Farm4Profit Podcast
Breaking Down the November WASDE Report: Andrew Kaabes - Lighthouse Commodities

as they're replaceable across the globe is, you know, feed grains and a tight weed balance sheet, a tightening corn balance sheet, a safrinha crop that isn't in the bin yet, you know, certainly not a recipe for $7 corn right now, but certainly you, you've got the recipe for way better potential for the upside longer term here than, you know, back sub $4 corn anytime soon. Huh.

Farm4Profit Podcast
Breaking Down the November WASDE Report: Andrew Kaabes - Lighthouse Commodities

as they're replaceable across the globe is, you know, feed grains and a tight weed balance sheet, a tightening corn balance sheet, a safrinha crop that isn't in the bin yet, you know, certainly not a recipe for $7 corn right now, but certainly you, you've got the recipe for way better potential for the upside longer term here than, you know, back sub $4 corn anytime soon. Huh.

Farm4Profit Podcast
Breaking Down the November WASDE Report: Andrew Kaabes - Lighthouse Commodities

I mean, $4.55, right? You did say $4.70. Yeah, $4.70. Yeah, I think that's attainable today.