There is a large inverse in the markets between old and new crop corn and soybeans. “I would be cautious about selling ahead. That will work when you have a carry, but then obviously you’d rather just go straight ahead to the new crop month,” says Katie Tangen, market education specialist at AgCountry Farm Credit Services. “When there is this large of an inverse, that is hard to erase. It’s not impossible, but it does mean you have to be sure of a couple things.” Hear more from Tangen in the latest RRFN Rural Perspectives.
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