"I like DRC because it takes the pressure off of me trying to pick a good
time to price my crops," said Harrison. "It is hard to keep up with the
markets and all of the information about them, and DRC is a good way for me
to price grain."
Harrison learned about the DRC pricing tool at Farmers Coop Grain and Supply
in Stratton, Nebraska. He has used forward contracting to price crops
before,
and occasionally has used options.
"I set up Market Index and Trend Trail contracts for wheat and corn," said
Harrison. The pricing period was set up between November 2000 and May
2001. "If you look at historic pricing patterns, it makes sense to price
some of your crop early in the year."
Harrison says he plans to use DRC to price his crops again for his 2002
crop. "I am happy with DRC, and plan to use it again for pricing wheat and
corn."
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