An ag economist says farmers may want to take advantage of some of the volatility in the soybean market.
Dan O’Brien is with Kansas State University. “If they still have old crop by now, they’re probably dealing with questions about storage. What do I do for the 23 crop? They’re probably inclined to look for whatever short-term rallies they have and to move that grain just to make room for what’s coming.”
He tells Brownfield the market may respond once harvest begins as producers begin to understand the impact of recent heat waves.