Grandpa calls it God's country, NEIA | I dont buy that if you were sitting on bushels that your a poor marketer. Historically there have been opportunities to market the stored bushels on a spring rally(for better prices than there were in the fall). No one could have seen the whole pandemic coming. Personally I was sold out of mine last fall for a better price then the majority are offered now(even with the bailout money)
If I had my own storage I'd probably would have sat on a % of the bushels until the spring time, but not wanting to pay the Coop storage, I unloaded it in the fall. Just the way it worked out. |
Government bailout and forward priced grain
