Decision Time: Should You Sell or Store?

November 7, 2016 09:14 AM
Soybean Pile

This week, Jerry Gulke discusses the question on nearly every farmers' mind: What should I do with my grain if I’m out of on farm storage?

“Because of the widely varied basis across the U.S, it’s really a financial decision that each farmer has to decide on his own,” says Gulke. The good news is, we have a bumper crop.

Listen to Jerry Gulke's full commentary:

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Spell Check

Yeoflittle Faith
Kalamazoo, MI
11/7/2016 08:32 AM

  I always wondered is row crop farming really any thing different that the roulette wheel in Vegas? Every year we plant a crop not knowing if it is going to be red or black? Then we don't know whether price is going to be red or black? Store or not to store? Is price going to go up higher than the costs? What black swain is hiding? Jerry said 60 cent rally in beans would be a big thing. Guess he forgot we already rallied .86 from the end of September all the way through harvest. Maybe is was saying can't expect another .60 cents? My yields probably tells me to sell and be thankful. Like no-one from no-where said the good news we got a bumper crop....etc...

No-where, FL
11/6/2016 06:04 AM

  "The good news is, we have a bumper crop."..................and the bad news is, we have a bumper crop :-)

Lincoln, NE
11/5/2016 05:06 PM

  If grain farmers chose is to retain ownership by storing their grain on their farms, storing grain at or below 13% moisture is so important. Moldy grain is so dangerous to humans, unfit for livestock feed and is worth much less on the marketplace. There are dangerous situations with handling the out of condition grain when removing from bins.


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