The markets have not offered much excitement for the farmer. Northland Farm Business Management Instructor Betsy Jensen says there may be opportunities this fall. “To me, our harvest basis looks pretty amazing. If they need cash flow and don’t have a lot of storage, I think soybeans have an opportunity to sell off the combine.” While the soybean basis level looks good this fall, that’s not the situation in the near term. “If you still have 2019 crop in the bin, we are probably going to see basis weaken for the short-term. They’re going to try and clean everything out and get ready for spring wheat harvest.”
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