WebMar 5, 2024 · Step 1: Understand the minimum selling price at which the crop is profitable Until a grower is certain they have covered their cost of production and made a margin, they will not know if the... WebBuilding a grain marketing plan is a lot like building an investment portfolio — diversification is an important strategy for managing risk and getting better returns. We’ve seen time and again that farmers who use a combination of contracts in their grain marketing plans typically sell for higher prices and return better profits.
Getting Out of New-Crop Contracts - dtnpf.com
WebSep 27, 2024 · Wittal recommends grain producers sell 15 to 25 per cent of their crops after they’re seeded, if conditions look good. This can act as a hedge — in case prices fall, … WebSep 30, 2024 · It's important for grain merchandisers to have a thorough understanding of a variety of grains. This can help them identify if the grain they're purchasing is … cypress tx 77429 time zone
What is a Grain Marketing Strategy, Things to Know and Consider
WebSelling grain is a volatile business, and having a strategy may help you avoid random decisions that could impede your operation. Your goal might be to sell your grain … WebDec 15, 2016 · When you forward contract, you will sell your grain at the price of that future’s month. Every buyer (elevator, feed mill, ethanol plant, etc) has a basis that they operate on for each futures ... Webset the price you want for your grain; offer your grain for sale to all buyers - more than 300 are registered with CGX; control your grain offered for sale - edit or cancel your offer at any time before it trades; enjoy payment security, as you retain title until payment; receive proceeds within seven business days of your grain selling or, binary movements