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South Dakota State University

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2012

Crop prices

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Considerations When Marketing Commodities Far Ahead Of Harvest, Matthew Diersen, Scott W. Fausti, Emmanuel Opoku Feb 2012

Considerations When Marketing Commodities Far Ahead Of Harvest, Matthew Diersen, Scott W. Fausti, Emmanuel Opoku

Economics Pamphlet Series

Crop and livestock producers face a complex challenge when marketing. High commodity prices give a strong incentive to sell, price, or protect revenue far ahead of the traditional cash sale date. However, high and volatile input costs such as rent, fertilizer and feed work against locking in a profit. What follows is a general overview of preliminary material for a series of workshops and programming. The outline of the document and workshops is similar. At the beginning of the workshops (or components) we ask a series of questions of participants. We provide the general format of those here. Then we …