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Grain Marketing: No Time for Panic . . . Yet
"In the never-ending journey to create more confusion, futures exchanges across the globe have come up with a new product to enhance the customer risk hedging experience yet boost their own volumes and revenues," says Agriculture.com market analyst and trader Scott Shellady. "Actually, this new product makes a lot of sense." What's he talking about?
One way to make sure you're getting the most bang for your grain buck is through keeping it in good shape when it's in storage. Here are a few ways to make sure your corn and beans are in tip-top shape in the bin, even if you have to store it for a while to capture a rally down the road.
And, speaking of Ukraine, here's one farmer who, though he was born in Iowa and has lived much of his life in Texas, has found a lot of opportunity in farming in that nation. It's a region where there's good rainfall, solid soils and, he says, a lot more crop potential moving into the future.
One of those ag-specific factors -- global corn acres -- remains something of a wildcard moving into 2014, experts say. A big part of the equation lies in South America. How their acres unfold will have a lot to do with how much the U.S. occupies the general corn export market.
Flip through the pages of the mid-November special marketing issue of Successful Farming!