Take Advantage of Grain Markets with Columbia Grain Producer Solutions
December 14, 2023
Marketing grain can certainly be one of the most daunting tasks that farmers face. However, Columbia Grain Director of Customer Risk Management Phil Symons says they're trying to make it a little bit easier with their Columbia Grain Producer Solutions.
"With Columbia Grain Producer Solutions, it really does encompass a pretty wide range of different marketing alternatives for producers," said Symons. This really has paid dividends over the last year and a half to two years as the markets have had just some significant ranges from all the way up to $13 and most recently down to $6. So, really having a plan in place and utilizing the tools that we have in our Columbia Grain Producer Solutions is important. Marketing tools like hedge to arrive contracts, basis contracts, cash contracts, more of our traditional group of marketing alternatives and also our more structured alternatives such as our accumulator program really have paid dividends over the last year and a half to two years."
Montana farmer Brian Aklestad agrees.
"The tools work," said Aklestad. "They follow what they're supposed to do in the market. I just guessed wrong on that one. But all of them prior to that were just as they were supposed to be worked out wonderfully. I got my premium, which is what I was looking for. I think you learn best by trying. So, sign up a truckload, learn about it and see how it works for you."
Columbia Grain Producer Solutions can also be customized to a farmer's individual operation instead of a one size fits all approach.
"The the best thing to do right now is just reach out to your local manager, merchandiser or buyer," said Symons. "Take a look at the platform in its entirety. It can really be tailored to your individual operational needs. Not everybody's operation expenses are going to be the same and neither are their marketing alternatives and the options that they decide to take. So, really we can custom tailor them."
For more information about Columbia Grain Producer Solutions, click here.
Source: Western Ag Network
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