Minnesota farmer has summer grain marketing regrets
September 28, 2021 By Mark Dorenkamp Filed Under: Crops, Minnesota, News
Some farmers are regretting not pulling the trigger on new crop sales early this summer.
Ryan Buck grows corn and soybeans near Goodhue in southeast Minnesota.
“If I would’ve known back in May when corn was $6 for fall delivery that we were going to have the crop we have, I think I would’ve sold it all then.”
But at that point he tells Brownfield they were short on moisture and corn wasn’t even out of the ground yet.
“So very limited sales, but now corn prices for next summer delivery are over $5, which is a good price considering where we’ve come from.”
Buck says he is penciling out profits and is using the additional money to upgrade equipment.
Your email address will not be published.
Subscribe for our newsletter today and receive relevant news straight to your inbox!