Late January is essentially the halfway point in the marketing year. It’s also often that ‘calm before the storm’, where markets are far enough along in the season to have a good sense of what the remainder of the crop year may look like, but also before there is an intent focus on the upcoming season. While markets ebb-and-flow through periods of action and tranquility, growers need to be thinking about grain marketing 12 months of the year. This session will provide a perspective on the final half of the current marketing year, while also outlining those critical factors to monitor when thinking about the markets for 2020/21 as well. This includes not just traditional grain market fundamentals, but the wider macroeconomic and geopolitical climate as well.