Where to Set These Profits?

Indeed, fertilizer selling prices jumped this spring, and gasoline and other input expenses should be factored into any “very good situations” reveling. And woe be it to any individual contemplating of that kitchen rework correct now, presented lumber prices. My most loved meme at the moment is a waist-significant pile of plywood sheets with the tag “Will trade for 2017 or more recent F350 King Ranch. No Lowballers.”

Assuming, while, that some of these greater grain and oilseed prices make it to the income facet of the ledger, what’s to do with that excess money?

The DTN writing staff, led in this task by Farm Enterprise Editor Katie Dehlinger, questioned and you happen to be answering. We talked to farmers, bankers, crop administrators and other folks, searching for tips and aims on wherever to commit further pounds. The collection, which will characteristic a quantity of stories all through the thirty day period of July, consists of: Good investments in the 2021 crop how to do the job through land-rent changes rethinking your commodity advertising technique to seize the most of present rates smart devices purchasing alternatives, and extra.

Dehlinger walks us by means of these topics in extra detail in a latest “Reporters Notebook” movie, discovered right here: https://www.dtnpf.com/…

We realize that “excellent instances” can be a extend for some, specifically as we keep track of regions of the U.S. Corn Belt struggling drought circumstances and observe the frequently upside-down livestock current market.

But as DTN Direct Analyst Todd Hultman has mentioned continuously, whilst daily problems may keep on to set unstable swings in the sector, China’s will need for grains and oilseeds apparently just isn’t likely absent shortly. With the aforementioned drought concerns in the U.S., and no substantial stockpiles of grains any place, the bulls have the marketplace for the instant.

Remaining completely ready to make investments regardless of what added pounds hit the base line is how we lengthen the advantages of any market uptick, whether or not they’re “superior situations” or simply just “not so bad” situations.

Permit us know what you are going to do with further money, and what it will just take to get it.

Greg Horstmeier can be arrived at at [email protected]

Follow him on Twitter @greghorstmeier

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