I am a 30-year veteran commercial grain and oilseeds futures broker, who also provides consulting advice and hedge recommendations for clients. I also am a Principal Consultant with John Stewart & Associates, and the advice we jointly give our clients is based on proprietary analysis of grain, oilseed, and ethanol markets in the U.S., Black Sea, Australia Canada, South America, and Asia. My brokerage associate Sharon Moy and I have had clients who are grain merchandisers, exporters, food processors, livestock hedgers, and bakers. We have worked with clients in Australia, Canada, China, Argentina, Brazil, Mexico, and the Black Sea, as well as in the US. Our company Grain of Truth, LLC is a Guaranteed Introducing Broker of ADMIS, which exclusively clears our futures and options business.
I’m interested in how growing demand for commodities now makes all grain and oilseed markets inter-related internationally – a major change in wheat in Russia causes ripples not only is US wheat, but also in corn and soybeans. A Brazilian drought that hurts sugarcane production affects US corn ethanol profitability.
I enjoy traveling, music, photography, and reading, particularly mysteries and history. My wife is a self-employed professional market researcher. Two of our children are teachers and the other two are college students.
Wayne T. Parman
President, Grain of Truth, LLC