Matt Bennett
A grain market expert says high input prices throw a lot more risk into the marketing equation in 2022.
Matt Bennett, with AgMarket.net tells Brownfield, “When you’ve got that much money invested in a crop your risk is just overblown, especially compared to last year when we put a cheap crop in the ground. This year it is not a cheap crop, so we have to be careful and understand whenever we are paying all that money for a really expensive crop, let’s lock in some of the other end of that too by making some sales.”
He says an 11-cent inverse in the corn market from March to July indicates buyers want corn now, and basis has been strong even after a record national yield.
