Harvest Expands, but Prices Appear Well Supported
Chris and Duane discuss how yield trend ideas are being shaped as harvest unfolds and the implications towards producer marketing decisions, which are also being impacted by higher drying costs. Chris and Duane urge producers to evaluate their own operation's yield and price matrix, as yields are wide-ranging and each operation may have notably different price levels that return favorable profit margins. As harvest has been late to get started and may extend longer than normal, this may also impact timeliness of preparations for 2020. Producers are anxiously pondering how to handle 2020 new-crop marketing decisions and today we offer some early guidelines for 2020 marketing decisions. Today's podcast is a must listen to help producers gain perspective on the importance of knowing your own operations profitability and how this will help you make the best informed decisions.
Enjoy!
Chris and Duane
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