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North Central Regional Extension Publications are subject to peer review and prepared as a part of the Cooperative Extension activities of the thirteen land-grant universities of the 12 North Central States, in cooperation wtih the Extension Service - U.S. Department of Agriculture, Washington, D.C. The following states cooperated in making this publication available: Illinois, Michigan, Minnesota, Missouri, Nebraska, North Dakota and South Dakota.


Crop producers make a number of decisions that are market related. They may be categorized as financial decisions, production decisions, or marketing decisions. All three decisions depend on what prices are likely to be at some specific time in the future.

The marketing decisions is complex. This research publication discusses the number of alternatives that are available even for the producer who does not directly buy or sell futures or options contracts.