West Central MN (between MMF and Larson's) | farmer9795 - 9/15/2016 11:24
My dad is getting older and I know I'm going to have to take over the marketing sooner rather than later. Up to know I've always read stuff on Market Talk and most of it confuses me but I'm trying to learn. I see most people saying to sell what you can't store on corn and then put a call in for later. What is the risk in that? I guess my main question is what "if" the price goes lower than what you sold if or now. Does it cost you a penalty? And maybe this has been answered before so I apologize. Maybe someone call refer me to a previous thread.
Thanks,
Best advise is to determine a realistic expected cost per bu based on historic yields. Other than that a good read would be "grain marketing is simple....its just not easy" by Ed Usset. He has a way of keeping things simple while going through some various scenarios and without getting you too lost in the verbiage imho |
Trying to learn some marketing
