The market rally following the June 30 USDA Acreage report has come and gone. So, now what? This article will discuss the price probabilities for the last half of 2020 and how to prepare for farm survival.
Since the start of the 2019 UNL-TAPS wheat marketing competition, the July 2020 Kansas City Hard Red Winter Wheat Contract has rallied over $0.70 per bushel. So, what are some marketing strategies given the current market price?
The farmers most successful at marketing their grain often sell smaller quantities throughout the year, using a grain-marketing plan to stay on top of their final average price. Check out these five steps to writing your grain marketing plan.