Plans can still be changed if there is good information that you should change them. You can check in bi-weekly or monthly to see that you are still on track and adjust it if needed. It is far better to avoid taking the daily price rollercoaster ride. It can be difficult to let someone else take control of the sale of the crop. But as long as you are the one determining the price targets and the amount you are selling, all that you are really handing over to the 8 buyer is the execution of the sale. But there is a word of caution, of course: once the price target is hit, it can not be adjusted. That is why selling portions of your harvest over time can also minimize the risks. For example, you could have planned price targets of $18, $19 and $20 for beans. NOT ALL DOOM AND GLOOM Global supply chains are shifting and changing, with many countries looking to safe, stable nations to provide goods — like Canada. The current situation could, eventually, provide newmarkets for our country and our farmers. Over the short term, however, planning ahead is key. Plan for potential disruptions in the movement of grain and plan for price volatility so you are not living minute-by-minute with the ups and downs of the market. Jeff Robinson is a grain merchandiser at Woodrill Farms Ltd. l continued from page 6
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