During a marketing panel at the Northern Ag Expo, Iowa State University Extension marketing specialist Chad Hart said profitability in 2022 is all about margin protection. “Even with a fluctuating market, there’s strong prices. We’re also staring at increases in input costs. Right now is a great time to protect your margin. If I have to buy higher cost inputs, I want to sell higher priced crops. That’s what the market is offering us right now.” Hart said the greatest pressure on the grain market is going lower. “We’ve had some of the biggest crops we’ve ever produced, but really strong demand. The problem is we’re starting to see exports slide a bit.”
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