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Home > Understanding Grain Marketing Strategies is Critical for Success

Understanding Grain Marketing Strategies is Critical for Success

Author: 
Jenny Rhodes, Shannon Dill, John Hall, James R. Russell, James C. Hanson
Publication Number: 
FS-490
The greater number of grain marketing tools available allow producers to increase their returns and reduce risks. Successful grain marketing involves a series of choices. It calls for tradeoffs among the farmer’s willingness and ability to accept price risk; amount of production risk associated with a farmer’s financial situation and related cash needs; grain market outlook; and the producer’s understanding of grain marketing strategies. This fact sheet lists the important factors producers should consider in selecting a particular marketing strategy, describes the typical marketing tools available to grain producers, and discusses the advantages and disadvantages of each option.
Download publication [1]
Topic Area: 
Agriculture [2]
Category: 
General [3]
Marketing [4]
Tags: 
agriculture [5]
grain [6]
marketing [7]
business [8]
Farming [9]
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Source URL: https://extension.umd.edu/learn/publications/understanding-grain-marketing-strategies-critical-success

Links
[1] https://extension.umd.edu/sites/extension.umd.edu/files/_docs/publications/FS490%2BGrain%2BMarketing%2BStrategies%20%281%29%20%281%29.pdf
[2] https://extension.umd.edu/topics/agriculture
[3] https://extension.umd.edu/category/general
[4] https://extension.umd.edu/category/marketing
[5] https://extension.umd.edu/tags/agriculture
[6] https://extension.umd.edu/tags/grain
[7] https://extension.umd.edu/tags/marketing
[8] https://extension.umd.edu/tags/business
[9] https://extension.umd.edu/tags/farming