In the past, farmers had fewer choices. Now, there are dozens of grain marketing methods to work toward more profitable prices for your crops. Here, we’ve defined each category and their pros and cons. Every farm and producer is unique. Combine the methods you’re comfortable with into a customized plan. Manage your risk by starting…
There’s some comfort in routine right now. For producers, there’s another crop to plant, harvest, and distribute – and it all starts right now. One thing that’s not routine, though, is making a profit. Challenging markets continue, and that calls for careful planning once again. Regardless of circumstances, here are five basic actions within your…
As planters take to the fields across the northern hemisphere, soybean prices remain elevated on a historical basis (Chart 1) despite projections for an increase in planted acres. This creates opportunities for producers to forward price this year’s crop at profitable levels. Chart 1 – 10-year nearby soybean price Source: https://www.macrotrends.net/2531/soybean-prices-historical-chart-data But when to sell?…
If you live anywhere north of Kansas, you don’t take your family to the lake in November. Or hold a Sunday barbeque in March. And you certainly weren’t out planting over the holidays. Sure, you might get unseasonably warm weather in an odd year. But it’s not the exception you plan around—it’s the average. It’s…
