114: Knowing your Markets
In this solo episode Jonathon discusses all things markets, and the importance of research and finding what works best for your operation. Don't be afraid to negotiate and explore alternative markets for selling crops, such as working with end users to get the price needed and shifting risk from downside to upside by utilizing call strategies. Jonathon also talks about the importance of crop insurance and how it helps manage risk in a declining market. This is all part of implementing risk management strategies that can ensure successful decision making in agriculture.