Meeting to focus on grain storage issues

Tight marketing conditions have caused many growers to store larger amounts of grain for longer periods. To help producers work through some potential grain storage issues, University of Kentucky College of Agriculture, Food and Environment specialists are hosting the Postharvest Grain Management Meeting Feb. 28. Registration will begin at 8 a.m. CST at the Daviess County Extension office in Owensboro.

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UK Crops Marketing and Management Update

A key component of marketing stored grain is monitoring local basis and understanding the seasonal components of basis. Figure 1 and Figure 2 show the monthly average corn and soybean spot basis, respectively, for 12 Western Kentucky markets. Notice that basis tends to follow seasonal patterns with the widest level at harvest with appreciation into spring and early summer.  

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MarketingJennifer Elwell