Analyst: Get Old-Crop Corn Moved, Reown In August

Summer crop harvest is a few weeks away, and bin space could be a concern to some farmers.

Farmers evaluating health of crop
Farmers evaluating health of crop
(EDF)

Summer crop harvest is a few weeks away, and bin space could be a concern to some farmers.

Sue Martin, president and owner of Ag & Investment Services, Inc., advises farmers to use August to move grain to prepare for upcoming harvest and then reown it through options.

“We’re not recommending any new crop hedges and we haven’t,” she said. “We feel this is a market that is still trying to—it’s a corrective pullback, in our view—within a much bigger market.”

Hear her full comments on what to do with old-crop corn on AgDay above.

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