Successful Farming®
magazine salutes the
innovative nature of
America’s farmers.
Do you have the next
big idea? Maybe
you’ve already
implemented it on
your farm? You,
or someone you
know, could be
selected the
2009 Asgrow®
AgInnovator
of the Year!
ASGRO W
very well for both corn and occurs somewhere with the only dif-
beans during each of the past two ference from year to year being the
years. You should only focus on size and location of the problem. The
marketing your crops when prices market is very good at determining
are overheated, especially during the actual size of losses, but normally
Selling Season. You don’t think about prices go too high as traders an-
planting every day of the year, and ticipate weeks of ever-increasing
you needn’t think of marketing every damage, causing buyers to shift into
day either. You will notice market- greed mode and sellers to move into
ing and planting should occur at the fear mode. Then the weather prob-
same time for farmers in the central lem passes, and some of the damaged
Corn Belt. area recovers or is found to be less
damaged than anticipated. Bullish
traders bail out and prices fall.
Get more
information
and download
an application
at www.
agriculture.
com/
aginnovator
This partner project of Successful Farming ® magazine and Agriculture Online® is brought to you by Asgrow® Soybeans.
Do be alert for a changing price You have witnessed this spring-to-pattern for beans. With Brazil and fall cycle many times in your farming Argentina raising 113 million tons career. When markets are overheated of soybeans in the 2008-09 crop year during the Selling Season, your plan and U.S. bean production estimated should be to make sales. In most a bit under 80 million tons, there years, there are three to four Sell is reason for traders to believe the Signals during the Selling Season. greatest production risk now occurs Divide the bushels of old and new during the South American spring crop you want to get sold into four planting season. We’ll be sure to increments and sell one increment make at least small sales when weath- on each Sell Signal. er threatens the South American crop enough to drive U.S. bean prices to a Sell Signal.
Each year, a weather problem
Many farmers stress over the number of bushels they should sell before harvest. Our advice is to contract or
Asgrow® and the A Asgrow Design are trademarks of Monsanto Technology LLC. ©2008 Monsanto Company.
References:
http://www.agriculture.com/aginnovator
http://www.agriculture.com/aginnovator
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