Updated: November 16, 2021
Interested in $10 corn and $30 soybeans for certified organic, but not sure how to transition?
Organic grain production is promoted for greater potential profits with premium grain prices, improved soil health with organic inputs and fewer environmental hazards in the absence of synthetic chemical use. However, the three-year period required for organic certification is a challenging phase when transitioning farmers are learning to do without synthetic chemical manage soil fertility, weeds, diseases and pests, while not yet receiving those attractive premium prices (Delate and Cambardella, 2004). Organic grain production, if done regeneratively, may reduce environmental impacts and increase ecosystem services from agriculture. Among the latter, minimization of nutrient loss to water is especially important in Maryland, since a good deal of the nitrogen and phosphorus pollution to the Chesapeake Bay comes from agriculture (2025 Watershed Implementation Plans (WIPs)). However, the change in environmental impacts due to the transition from “conventional” to organic farming could be either positive or negative (Bavec and Bavec, 2015), depending on the system of practices (inputs, soil disturbance, soil cover, etc.) utilized in the conventional and organic systems (Röös et al., 2018).
Updated: February 4, 2021
Understanding Grain Marketing Strategies is Critical for Success
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.
Updated: January 26, 2021
Producers’ Guide to Grain Marketing Terminology
This publication provides a glossary of marketing and business terms as a reference for grain producers, or anyone involved in marketing or selling grain.
Updated: January 22, 2021
Niche Marketing—Outside of the Box, but in the Black (FS-846)
Niche Marketing - Out of the Box but in the Black fact sheet will help you explore the Niche Market and how to go about increasing your food dollar and return per unit sold. By Ginger S. Myers, Marketing Specialist, University of Maryland Extension and Director of the Maryland Rural Enterprise Development Center.
Updated: January 21, 2021
Maryland Wheat: Historical Basis and Price Information (FS-497)
The local basis, defined as the cash price minus futures price, reflects important information about regional supply and demand for a commodity. Wheat basis estimates can be used by farmers, grain marketing firms, processors and feed buyers to forecast regional prices, make production or storage decisions, or assess different grain purchasing alternatives. This fact sheet gives monthly average estimates of wheat basis and cash prices for three regions in Maryland.
Updated: January 8, 2021
Developing a Grain Marketing Plan is Critical for Success
A well-thought-out marketing plan will enable you to manage the unpredictability of grain prices and their associated risks. A plan promotes the use of logical, orderly marketing techniques. This fact sheet describes the five steps you can take to increase the likelihood of making successful marketing decisions.