When grain prices are hot, farmers can forward price their crops a year or more in advance, even before they are planted. And after harvest, most farmers have about a year to store their grain on-farm before they need to sell it.
Because of this, several pricing windows are in play at any given time – some seasonal, and others much longer. Knowing when those windows are and knowing when you’ll need cash are two critical components of a good marketing plan.
In the latest episode of Deep Dive, Bryce Knorr and Ben Potter take a closer look at the nuances of pricing windows, some of which are sparked by seasonal rallies. They don’t happen all the time, but it can pay to know when they are more likely to occur.
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