Developing a commodity marketing plan | TSLN.com

Developing a commodity marketing plan

Amanda Nolz

Jack Davis, South Dakota Cooperative Extension Area Management Specialist

A road trip without a map is challenging. Planning one without a destination in mind is impossible. For producers aiming to stay in business in these volatile times, developing a solid plan for the future is essential. While input costs and daily chores are a main focus on ranches, it’s important for producers to think about their end goals, and, with that, marketing should be a priority.

According to guidelines, “Writing a commodity marketing plan,” compiled by extension specialists Matthew Diersen and Alan May, “A marketing plan is a document listing the intentions of a producer for managing risk and capturing the prices levels desired in the commodity markets.”

These guidelines provide the top six considerations for producers to consider when developing a marketing plan for their livestock. South Dakota Cooperative Extension Area Management Specialist Jack Davis breaks down these six considerations for producers to sink their teeth into.

A road trip without a map is challenging. Planning one without a destination in mind is impossible. For producers aiming to stay in business in these volatile times, developing a solid plan for the future is essential. While input costs and daily chores are a main focus on ranches, it’s important for producers to think about their end goals, and, with that, marketing should be a priority.

According to guidelines, “Writing a commodity marketing plan,” compiled by extension specialists Matthew Diersen and Alan May, “A marketing plan is a document listing the intentions of a producer for managing risk and capturing the prices levels desired in the commodity markets.”

These guidelines provide the top six considerations for producers to consider when developing a marketing plan for their livestock. South Dakota Cooperative Extension Area Management Specialist Jack Davis breaks down these six considerations for producers to sink their teeth into.

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A road trip without a map is challenging. Planning one without a destination in mind is impossible. For producers aiming to stay in business in these volatile times, developing a solid plan for the future is essential. While input costs and daily chores are a main focus on ranches, it’s important for producers to think about their end goals, and, with that, marketing should be a priority.

According to guidelines, “Writing a commodity marketing plan,” compiled by extension specialists Matthew Diersen and Alan May, “A marketing plan is a document listing the intentions of a producer for managing risk and capturing the prices levels desired in the commodity markets.”

These guidelines provide the top six considerations for producers to consider when developing a marketing plan for their livestock. South Dakota Cooperative Extension Area Management Specialist Jack Davis breaks down these six considerations for producers to sink their teeth into.

A road trip without a map is challenging. Planning one without a destination in mind is impossible. For producers aiming to stay in business in these volatile times, developing a solid plan for the future is essential. While input costs and daily chores are a main focus on ranches, it’s important for producers to think about their end goals, and, with that, marketing should be a priority.

According to guidelines, “Writing a commodity marketing plan,” compiled by extension specialists Matthew Diersen and Alan May, “A marketing plan is a document listing the intentions of a producer for managing risk and capturing the prices levels desired in the commodity markets.”

These guidelines provide the top six considerations for producers to consider when developing a marketing plan for their livestock. South Dakota Cooperative Extension Area Management Specialist Jack Davis breaks down these six considerations for producers to sink their teeth into.