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The Great Onion Corner And The Futures Market - https://www.npr.org/2015/10/22/450769853/the-great-onion-corner-and-the-futures-market https://www.npr.org/2015/
by shagie 2y ago
The Great Onion Corner And The Futures Market - https://www.npr.org/2015/10/22/450769853/the-great-onion-corner-and-the-futures-market https://www.npr.org/2015/10/22/450769853/the-great-onion-cor...
How an Iowa farmer pushes through less-than-average crop yields - https://www.marketplace.org/2023/07/27/how-an-iowa-farmer-pushes-through-less-than-average-crop-yields/ https://www.marketplace.org/2023/07/27/how-an-iowa-farmer-pu...
> Ryssdal: Yes. What about prices? When you take it to market — or when you’re going to take it to market — are you selling futures?
> Hemmes: Well, a lot of people do that. I forward cash grain, or forward contract. Right now, I could sell delivery in March and set my cash price, or set the basis. A lot of people do options to set that bottom. But I’m telling you, Kai, I need some kind of collar because of the whiplash I’ve been getting from these markets — they’re up one day 50, down 40 the next, and everything adds to it.
Farming is “not easy and it’s a lot of risk,” says Iowa soybean producer - https://www.marketplace.org/2024/05/28/farming-is-not-easy-and-its-a-lot-of-risk-says-iowa-soybean-producer/ https://www.marketplace.org/2024/05/28/farming-is-not-easy-a...
> Ryssdal: Have you sold your futures yet? Have you sold any of this stuff that just got in the ground?
> Hemmes: I have. I’ve sold about 30%. Our co-op gave me a heck of a bid. But it’s kinda like wait and see because this market just keeps going. Like soybeans are down 18 cents today and then they could go up 50 tomorrow. Who knows?