date:Jul 23, 2013
ough.
Ed Usset, University of Minnesota Extension grain marketing economist, says price risk management should be heavy on the minds of farmers especially those still waiting to make sales.
For corn producers, particularly those who were reluctant to price 2013 early, the market has moved into difficult territory, Usset says, adding that $5 December futures translate into a $4.50-4.70/bu. cash price for many Corn Belt producers.
With production costs higher, this is less than breakeven. My a