What is Your Marketing Goal?

[Hopperbin]

Much like Brenda, my marketting goal is to maximize the profits which is a constantly moving target. Reducing risk is also a big in my marketting. Lucked out a bit still sitting on last years canola. Just looked at the ice futures a couple minutes ago and am thinking I am pretty hot right now.
I am pretty hot with the stock markets also, yesterday sold the RIM after the 6.5 percent run up, used the money to buy HRG at 1.25, Today sold the HRG at 1.31 and bought back into the RIM at the same price I sold it at.
The Rim since dropped back a couple percent but that is one stock that is going places.
Just wish the Saskfarmer3s don't dump so much grain into the domestic feed markets.

[mbratrud]

Your assumption about disciplined marketing would be correct. On a near daily basis we consider what we have in the bin to sell? What is happening in that market? And we rely on good market intelligence and analysis to determine what the price risk vs. storage risk for each commodity are? How our cash flow is being met? and what commodity has the least price potential that we can use to cover cash flow.

[cottonpicken]

Highest possible price.

"if your not first,your last"

-Reece Bobby (ricky bobby's
dad,talledega nights)

[GALAXIE500]

My theory is , "Do the best with what you have to work with", and don't look across the fence at your neighbors. Nobody should make a good living for Case Credit or John Deere Credit, only yourself.

[malleefarmer]

scale up selling
currently in aust base price is $302 for 2011 crop will do 15% of expected production and wait for next opportunity

[mbratrud]

Shake and bake!

Ricky Bobby: Dear Lord baby Jesus, lyin' there in your ghost manger, just lookin' at your Baby Einstein developmental videos, learnin' 'bout shapes and colors. I would like to thank you for bringin' me and my mama together, and also that my kids no longer sound like retarded gang-bangers

Ahh its already a classic!

[skip]

I talked to a marketing expert a few years ago and what he said has stayed with me.

"When you decide to grow a crop, you are in a long position and you need to reduce your long position based on your risk profile and what you think the market price is going to do. Don't be greedy and don't wait for the high of the market because you can't know when that will be. You will also never go broke taking a profit (know your costs) and don't worry about making mistakes.

Also Shake and Bake works for me.
I love that movie as well.