The dramatic ups and downs in the corn market may be in the rearview mirror for a while. Advance Trading Risk Management Advisor Tommy Grisafi says that requires a different mindset. “There’s farmers that had a cost of production of $4.50 or $5 and got to sell $7 or $8 corn the last few years,” said Grisafi. “Next year, they may have a cost of production of $4.50 or $5 and sell $5 corn. We’re mentally getting people prepared for what 2024 could look like.” Reflecting on the Pro Farmer Crop Tour, Grisafi said it is obvious the soybean crop needs rain to finish. The Red River Farm Network interview with Grisafi can be found on the Advance Trading YouTube channel.
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