Market analyst says producers should adapt to today’s volatility

Market analyst says producers should adapt to today’s volatility

A market analyst says producers may have to adjust their marketing plans to account for volatility.

Jeff Peterson with Heartland Farm Partners tells Brownfield significant price ranges developed when pit trading at the Chicago Board of Trade transitioned online. “We have to physically make sure we’re not marketing like we did then, which means we have to focus on making preharvest sales. We also have to work on ways in which we time when we need to physically sell.”

He says technical selling is an option for growers.