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<blockquote data-quote="Kentucky Windage" data-source="post: 225174" data-attributes="member: 429"><p>Bad farmers don’t market, and there are more out there than you’d think. There are different strategies on how to market a crop, but selling it all or holding onto to all of are not good strategies. Usually sales are made throughout the year. You hope to average a good price in the end. Tough times weed out bad farmers. Knowing ones cost of production is extremely important. The only money not spent on the crop at this point is harvest and delivery costs. Farmers maybe haven’t lost a penny, but they haven’t made one yet either. What you are hearing is “if I sold my old crop or make a future sale on new crop at today’s market price based on my farm average production, I would make or lose X amount amount per acre.” The crop won’t be made till August. We will see what happens......</p></blockquote><p></p>
[QUOTE="Kentucky Windage, post: 225174, member: 429"] Bad farmers don’t market, and there are more out there than you’d think. There are different strategies on how to market a crop, but selling it all or holding onto to all of are not good strategies. Usually sales are made throughout the year. You hope to average a good price in the end. Tough times weed out bad farmers. Knowing ones cost of production is extremely important. The only money not spent on the crop at this point is harvest and delivery costs. Farmers maybe haven’t lost a penny, but they haven’t made one yet either. What you are hearing is “if I sold my old crop or make a future sale on new crop at today’s market price based on my farm average production, I would make or lose X amount amount per acre.” The crop won’t be made till August. We will see what happens...... [/QUOTE]
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