In recent years, soybeans have been profitable for North Dakota farmers. Due to current market volatility, those farmers have to pay better attention to risk management. “Going into the 2019 crop, the developments in the next six months will have very important consequences for the industry,” says Dr. Bill Wilson, a professor in the Department of Agribusiness and Applied Economics at North Dakota State University. This past year, one concern for farmers trying to market soybeans was basis. Right now, there is greater volatility in the basis than the futures market. “If you’re concerned about the futures market, you should really be concerned about basis. The message for growers is basis is so important, and it’s something you can project.” Wilson spoke to farmers during the North Dakota Soybean Council’s Soybean Marketing and Risk Management seminar. Listen to more.