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Abstract

Excerpt from the report Introduction: Many farmers have increased their returns from soybeans by obtaining better yields and reducing cost of production, but relatively few have done so by obtaining better prices. Better prices--and more profitable returns--usually can be obtained by many farmers, however, by taking advantage of seasonal price variation. Soybean growers can avoid selling at depressed harvest-time prices simply by storing the soybeans for later sale. They can provide storage on their farms or they can store at commercial warehouses, if space is available. And while increasing their soybean profits through storage, they will be helping to reduce other serious marketing problems.

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