News & Publications

Most grain farmers are in a transition period – reflecting on the ’23 harvest and yet looking ahead to ’24 crop budgets and goals.

As you begin to manage the next crop year, consider put options (price floors) to protect unsold grain. Once fall arrives, a significant portion of the grain that isn't stored on the farm is priced. As these sales are executed, we reduce the number of put floors in place and transition to call options.

It is important to reestablish and rebalance your positions as each grain portfolio evolves and as the year progresses. Employ wise risk management and utilize available tools help maintain control and mitigate risks on both fronts.