It’s not too early to be looking at 2019 contracts when pricing ag commodities. In addition, AgCountry Farm Credit Services Marketing Education Specialist Katie Miller encourages farmers to have a plan. “Know your cash flow so you know when you need to make those sales or have cash on hand to pay bills.” Grain storage is an asset, but it can be tempting to put the crop in the bin and forget it. “We often treat it as a security blanket of sorts. It feels good that we have it and can sell it if prices go up. There’s no guarantee with what will happen to prices so we really need to sell the carry when it is available and use the space to its best opportunity.” AgCountry Farm Credit Services took part in this past week’s Farmfest near Redwood Falls.
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