To Store or Not to Store?

Farmers Need to Actively Manage Cash Grain Position

Farmers need to ask themselves if storage is the best choice economically. If it is, they need to consider the varying expenses to storing corn on the farm, at the elevator or "storing" it using futures contracts and selling the cash grain. (DTN file photo by Katie Micik)
Many farmers put their 2015 crop in the bin and shut the door, but farmer and broker Tregg Cronin thinks they need to consider the economics of storing corn on the farm versus other methods. He also urges farmers to manage the basis and spreads...

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