As corn and soybean harvest begins, there are good marketing opportunities. “We’ve heard about soybeans in the teens and up to 50 bushels/acre,” says Randy Zimmerman, grain merchandiser, West Central Ag Services. “We’ve talked to a number of people that may take out the corn before the soybeans. If farmers sold ahead and need to fulfill contracts, they should be in constant contact with their grain merchandiser.” There are green soybeans coming into the elevator, but Zimmerman says the Pacific Northwest wants the soybeans so bad, there haven’t been discounts for that in Ulen and Beltrami, Minnesota. Basis has improved greatly at local elevators. “Basis is some of the best it’s ever been at harvest. This is a great opportunity if you don’t want to bin the beans to at least put a basis contract on them.”
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