Farmer forward contracting grain as inputs rise

Farmer forward contracting grain as inputs rise

A Midwest grower says his grain marketing strategy as ag inputs become more expensive is his top concern.

Eastern Missouri farmer Mark Scott tells Brownfield forward contracting grain isn’t a bad idea.

“You have to lock in a profit when you can,” he said. “And it’s done it before where the inputs follow the commodity prices and then they don’t go down quite as fast as commodity prices can when it turns around.”

Scott said most ‘seasoned’ farmers have seen ag input prices react this way following strong gains for grain.