News & Publications
October 31, 2023 |
Higher interest rates a factor in the store-sell marketing decision
Grain farmers make big financial decisions, and one of the most crucial is the "store or sell" choice.
It's a choice that is intertwined with countless variables unique to your personal situation. Yet, one new variable this year is rising interest rates.
The "store or sell" decision can make or break your year. Should you sell your harvested grain immediately after harvest, or is there financial incentive to store your grain to capture a potentially better price down the road? Several factors come into play, including market conditions, cash flow needs, and storage costs.