Northland Community Technical College Farm Business Management instructor Betsy Jensen recommends farmers go into the New Year with a marketing plan resolution. “I think last year a lot of guys watched wheat prices go to $13 and they still owned that wheat at $9 so having that marketing plan will certainly help you do a better job.” Interest expense in 2021 and 2022 are significantly different. By figuring out how much it costs to store grain, Jensen said it will mean “more bang for your buck.”
