According to Leah Halvesron, owner of 10 Acre Marketing, it’s better to be proactive than let a passersby draw their own conclusions about your operations. Here’s how to get started.
On Sept. 20, soybean prices at processing plants around Decatur, Ill., were $16.64 with basis $1.84 over the board. On Oct. 5, the cash bid was down by $3 to $13.64 with a negative 10¢ basis. Nick Tsiolis, the founder of Farmer’s Keeper, says it's not a surprise with fewer barges moving and higher barge freight rates. In the West, cash basis levels haven’t broken as much due to the grain deficit because of the drought.
