EP 22: Building a Grain Marketing Plan (Part 1): Quantify

Dwight Eisenhower used to say, "In preparing for battle, I have always found that plans are useless but planning is indispensable." It’s an interesting quotation. He didn’t know where the Germans were going to be at, but he had a plan and modified that plan as information was revealed to him once the battle unfolded. The same is true of a grain marketing plan. We may have price targets at certain points, but then we may get an extreme rally. This month, we’re going to focus on the four main parts of building a grain marketing plan. Step one to successfully building a grain marketing plan is to quantify exactly how much grain you need to market.