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Frustrating time to market grain

Grain marketing has become increasingly frustrating for many farmers as prices fall.

Northwest Minnesota corn, soybean, and wheat grower Neil Rockstad says there were missed opportunities to lock in profit earlier this year.

“It’s pretty discouraging to plant a crop in the spring knowing that if the price that was offered in the spring coupled with an average yield would not even be a break-even scenario for you.”

He tells Brownfield weather challenges will likely hold back yields on his farm.

“We’re certainly hoping for more bushels than average, certainly hoping for an uptick in commodity prices. Instead, commodity prices have dropped throughout the summer. And hopefully right now we’re experiencing July lows and things continue to tick up.”

Rockstad anticipates a lot of grain going into storage following this year’s harvest as farmers wait for better prices.