Grain producers in the Pacific Northwest know that marketing wheat is rarely straightforward. Prices move constantly, global events can shake markets overnight and input costs continue to rise. Over the past decade, these pressures have made it increasingly difficult for producers to lock in profitable prices.

None of us knows for a surety just where the markets are going, but we can look at how we can manage our price risk in these markets. 

At the time I wrote this article, we were in the middle of experiencing some of the most volatile futures markets in years.