Farmers are closely watching the markets as they sell the remainder of their 2021 crops and begin signing contracts for 2022.
Many farmers sold some soybeans ahead of USDA’s supply and demand report Tuesday expecting the market to react with a price decline. Central Ohio farmer Bill Bayliss was one of them.
“We were all geared for a down market and low and behold it was the opposite. So, that’s the farming business.”
Missouri bootheel farmer Kevin Mainord is in the same boat.
