Interesting look into how farmers must make decisions based on how much it might cost to grow a type of grain in this upcoming season, what the yields might be given the weather, and what the likely price will be for that grain at the end of the year when they need to sell it.

Not an easy decision to make before Spring each year!

https://www.dtnpf.com/agriculture/web/ag/news/article/2024/03/20/farmers-sold-grain-like-contractors

#Farming #CommodityFutures #RollTheDice #RiskManagement #Agriculture #ValueFarmers

If Farmers Sold Grain Like Contractors Bid Projects

The costs to grow a crop of grain in 2024 vary by location. Land-grant university Extension publications offer a glimpse of the differences in production prospects across the Corn Belt.

DTN Progressive Farmer