A market analyst says there could be some opportunity farmers to lock in decent grain prices.
Jeff Peterson is with Heartland Farm Partners. “Focus on storage or delayed pricing first. Then at some point down the road, when we see some basis improvement, we can then transition out of that into a basis contract looking for a little bit higher price on the futures side down the road.”
He says there is rain in the forecast this week for parts of the Corn Belt, and that could improve some basis levels.
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