By Dusty Sonnenberg, Field Leader, a project of the Ohio Soybean Council and Soybean Checkoff
On this episode of the podcast, Dusty is joined by Dwayne Wilson, Grain Merchandising Specialist at White Commercial Corporation. Dusty and Dwayne discuss the current grain markets and some of the changes that have impacted grain marketing over time. Dwayne explains the role that basis plays in marketing decisions. They also discuss using on-farm storage as a marketing tool and some of the current Geo-political events that are factoring into the current demand. To conclude, they look at the opportunities the new soybean crush capacity coming to Ohio will bring and the impact it may have on local basis for soybeans. It is always important to remember that “There is a risk of loss in futures and options trading. Past performance is not necessarily indicative of future results.”
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