Three market panelists at the Northern Ag Expo offered varying opinions on market direction and strategies, but all three agreed about the need to protect profit margins. “If you’re looking at pricing in 2022, have your inputs locked in,” said Randy Martinson, president, Martinson Ag Risk Management. Martinson does not expect grain market prices to fall off much into next spring. “End-users will be forced to come to the table and try to get corn supplies out of the bin. That may be where the biggest basis appreciation will come into play.” Martinson said soybean demand isn’t at a level that will improve the basis much. “Wheat needs demand, but the need to buy acres may keep this market strong.”
