Corn harvest will pick up steam in the next month or so. What will farmers do with this year’s crop—store or sell?
On Aug. 20, the Farm Journal Pulse, a text message poll of farmers and ranchers, asked: How much of your 2014 corn production is sold or priced?
Nearly 40% of the 1,300 respondents have none of their 2013 production priced. Slightly more than 20% have a 1% to 25% of their crop priced and 6% have their entire crop priced.
Here are the full results:
- None: 37%
- 1-25%: 23%
- 26-50%: 18%
- 51-75%: 11%
- 76-99%: 5%
- 100%: 6%
This year, farmers seem to be a little more proactive on pricing grain, compared to last year. On Aug. 21, 2013, the Farm Journal Pulse asked how much 2013 corn production farmers had sold or priced.
Here are the results:
- None: 47%
- 1-25%: 24%
- 26-50%: 13%
- 51-75%: 7%
- 76-99%: 4%
- 100%: 4%
Of the 1,700 respondents, nearly half had none of their 2013 corn crop priced.
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