When you think of farming, a Wall Street speculator isn't the first thing you think of. Grain and futures contracts, while they are tough to sometimes comprehend, can be extremely fruitful when utilized well. While today's topic might be heady, Scott and James unpack exactly what you as a farmer should understand grain and futures contracts.
Hope is not a good grain marketing strategy, but so many farmers approach their stored grain with no risk management strategy. Today Scott unpacks the seven steps every farmer can take to hedge their stored grain and succeed.