Instead of pricing all of your new crop grain with futures, HTA or forward contracts, you can price some grain with put options.
It’s time to pay attention to pricing opportunities in old crop and new crop grain.
An effective plan must include both price targets and decision dates.
After harvest, they help you avoid the pitfall of holding stored grain too long.
An initial minimum price objective should start at your break-even cost of production.
Basis makes the storage hedge a profitable opportunity.