An ag economist says farmers need to build flexibility into their marketing plan.
Brian Basting, at Advance Trading, says markets have dipped as planting progress has improved.
“We did have a pullback here.” He says, “We had a surge here in new crop corn, for example, about mid-month to just shy of $5 and now it’s pulled back because we did get this planting window opened up.”
But he tells Brownfield a rally isn’t out of the question.