Before futures contracts and the Chicago Board of Trade, grain marketing was as simple as a farmer trying to make money.
These days, basis, grain elevators, and other factors have made grain marketing a complicated endeavor.
Gain a greater understanding of the origins of the grain markets in Episode 1 of GrainIQ, featuring Ed Usset, grain marketing economist for the Center for Farm Financial Management at the University of Minnesota, and hosted by Chad Moyer.