Developing Grain and Soybean Sales Price Objectives

Carl German ( September, 1997 )

Summary

Due to the uncertainty that exists in marketing commodities in a given time, it is generally necessary to set two sales price objectives. The first price objective is based upon total production costs (maximum price objective). The second objective is based upon cash or out-of-pocket-costs (minimum price objective).

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Organization

University of Delaware Cooperative Extension

Publisher

University of Delaware

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Written Material