Grain Market Viewpoint

Market your old-crop corn bushels

Table of Contents:

I have been asked several times as of late by producers, "What should I do if I am way behind on both old and new-crop sales?" This is a tough question because I personally believe everyone has to define and develop their own personal marketing plan.  Even more important than "designing" the plan, I believe is being able to "execute" the plan. Everything looks easy on paper, but are you honestly following your predefined roadmap?

Unfortunately this is where most drop the ball. For me, I prefer to make a good portion of my sales early (if profits are on the table) to take some of the emotion out of the game in the later innings. Simply stated, by reducing the "emotion" I am able to more easily "execute." I'm not trying to avoid the question, I am just pointing out that I design my marketing plan to avoid the proverbial belly-aches and to avoid getting myself in a situation like this. If I had drifted off course and found myself with a large dose of old-crop still in storage and almost no new-crop priced heading into pollination, I would be asking myself a zillion questions about cash-flow, liquidity needs, potential storage complications if prices don't rebound before I harvest new-crop, etc...

Bottom-line: Dumping the old-crop bushels and holding off on any new-crop sales obviously makes the most sense. It creates cash-flow, frees up available storage and buys lots of additional time. Also with new-crop prices well below the spring revenue insurance guarantee of $4.62 per bushel, I see no real need to start making new-crop sales at this stage.                                       


Discuss this Blog Entry 4

on Sep 9, 2014

amazon Jus Kulit Manggis Obat Herbal Alami Penyaki Kanker Paru-paru. Kanker merupakan salah satu penyakit yang sangat membahayakan. Apabila seseorang terserang kanker, ia pasti mulai kehilangan harapan hidup karena sampai saat ini belum ditemukan obat pasti yang mampu mengobati penyakit kanker hingga sembuh. obat kanker paru paru herbal

on Jun 25, 2015

success always for corn and donkey, hopefully more successful

on Jul 1, 2015

so good article

on Feb 2, 2016

Tips Ampuh Mengatasi Ambeien Parah Gejala lain dari ambeien yang cukup menganggu adalah rasa gatal dan iritiasi di sekitar anus. Ini terutama terjadi jika ambeien yang dialami adalah jenis prolapsis atau ambeien yang menonjol keluar. Tonjolan itu bisa dilakukan lagi ke dalam anus. Namun jika sulit, lebih baik Anda segera ke dokter. Karena ada kemungkinan tonjolan itu menjadi semakin bengkak dan keras disertai gumpalan darah yang akan membutuhkan operasi untuk menghilangkannya.

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Grain Market Viewpoint


Kevin Van Trump

Kevin is a leading expert in Agricultural marketing and analysis, he also produces an award-winning and world-recognized daily industry Ag wire called "The Van Trump Report." With over 20...
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