A grain market analyst says there are a few market issues that producers should be watching this harvest.
Jeff Peterson is with Heartland Farm Partners. “Think about what those yields are. Go ahead and take a look of break evens. Get an idea of where you’re at there and in addition, we need to be thinking about harvest basis.”
He tells Brownfield “We also have to think about how long I’m going to store these bushels and start thinking about our cash flow needs so I can start putting together my post-harvest marketing plan.”
Peterson says farmers should also be thinking about marketing their 2024 crop.