Time to think about marketing that crop

Sep 28, 2022

When it comes to grain marketing understanding futures markets and basis can help make sense of the messages that markets are sending.

Crops Extension Specialist Mike Brown says there are a number of factors that can influence the price you receive.

"The most important thing that's going to come to producers mind is understanding where those cash flow requirements are going to be needed. As grains getting put into the bin if there are bills to be paid you may have to sell that grain in spot prices. Maybe not as lucrative as futures contracting on some aspects, but if it has to be done, it has to be done."

He says when it comes to marketing international, national, provincial and municipal events can influence prices on various commodities.

Another key aspect is monitoring futures and basis.

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Video: Dr. Emerson Nafziger: Nitrogen Fertilizer Rates for Corn

The Crop Science Podcast Show, Dr. Emerson Nafziger from the University of Illinois breaks down decades of nitrogen research. From the evolution of N rate guidelines to how soil health and hybrid genetics influence nitrogen use efficiency, this conversation unpacks the science behind smarter fertilization. Improving how we set nitrogen fertilizer rates for rainfed corn is a key focus. Discover why the MRTN model matters more than ever, and how shifting mindsets and better data can boost yields and environmental outcomes. Tune in now on all major platforms!

"The nitrogen that comes from soil mineralization is the first nitrogen the plant sees, and its role is underestimated."

Meet the guest:

Dr. Emerson Nafziger is Professor Emeritus of Crop Sciences at the University of Illinois at Urbana-Champaign, with degrees in agronomy from Ohio State, Purdue, and Illinois. His research has focused on nitrogen rate strategies and crop productivity. He co-developed the Maximum Return to Nitrogen (MRTN) model, which is widely used across the Midwest. His research spans N response trials, hybrid interactions, crop rotation effects, and yield stability.