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March 8, 2021 at 12:24 pm
#4569
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Farmers sell milk to a processor, like Kemps, Kraft or other dairy businesses. The price for milk, paid per 100 pounds of milk, currently it is around $17 per 100 pounds. Grain farmers can sell at harvest or store their crops for later sale. Commodity futures markets, options, and cash contracts give crop producers the opportunity to price before delivery. Some farmers also have an option of selling to different buyers at different market locations.