As markets position themselves ahead of Thursday’s USDA crop report, there’s been a noticeable reversal in soybeans, driven by lower stocks affecting both grain and livestock trade. Heather emphasizes the importance of solidifying marketing plans before harvest gets into full swing. With combines set to hit the fields, having a well-thought-out strategy before crops head to the elevator is crucial to maximizing returns. Locking in prices and monitoring market movements can help producers make informed decisions during this critical period.
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