Date of this Version
Grain producers must make marketing decisions every day. First they must decide whether to price or hold grain. If they decide to price grain, they must then choose the most appropriate method of pricing: cash sale, forward contract, or hedging. If they decide to hold grain (not to price), they must choose the most appropriate method of retaining ownership.
This fact sheet presents some guidelines to help producers choose the least costly method of owning grain or speculating on price level changes.