Have you sold grain for 2023?

Have you purchased majority of inputs for 2023?

 

Answering these questions will help you determine if Margin Protection makes sense for you.

Review the 4 scenarios below:

 

SOLD GRAIN & PURCHASED INPUTS

  • You have captured your margin
  • You need bushels for delivery
  • You would be fine to wait to purchase Revenue Protection

SOLD GRAIN & UNPURCHASED INPUTS

  • You have locked in your price
  • You could consider protecting against increased input costs
  • You would be fine to wait to purchase Revenue Protection

UNSOLD GRAIN & PURCHASED INPUTS

  • You want to review your margins
  • You want to consider protecting against decreasing prices
  • You could purchase Margin Protection or protect price another way

UNSOLD GRAIN & UNPURCHASED INPUTS

  • You want to review your margins
  • You may want to consider protecting against decreasing prices and increasing input costs
  • You could purchase Margin Protection or protect prices another way

 

Farmers Mutual Hail put together a great presentation on this Margin Protection topic. Click here to listen.

To learn more about how to Margin Protection can help manage risk, read my blog post: Manage Risk with Margin Protection.