Minnesota Farmer Leverages Forward Contracts Amid Storage Constraints
A southwest Minnesota farmer has been forward selling corn and soybeans ahead of harvest to manage storage constraints.
Bryan Biegler of Lake Wilson told Brownfield that he can't store all his crops at home, so he takes some to town.
The rally in futures prices has encouraged Biegler to take advantage of the market movement.
He expressed hope that the upward trend continues, saying it's been a welcome change compared to previous periods.