
The work provides practical advice on the optimal timing for selling grain and farm produce, emphasizing the importance of market conditions and the risks associated with holding onto products for too long. It suggests that grain should be sold in the fall, even at lower prices, to avoid potential losses in value by spring due to factors like weight loss and spoilage. The text highlights the competitive nature of the grain market, indicating that prices are largely determined by global supply and demand. The author warns against the risks of storage, such as moisture leading to mold and pests consuming the produce. Selling promptly allows for reinvestment opportunities, which can yield better financial returns. Similar principles apply to other products like cheese, which can also deteriorate if not sold quickly. The work advocates for the timely sale of livestock, particularly young and tender animals, as they are more desirable in the market compared to older, heavier ones. Overall, the text underscores the necessity of proactive selling strategies to maximize profits and minimize losses, while also addressing the broader implications of agricultural practices on market dynamics and consumer needs.
By James McIntyre · First published 1910 · Genre: Agricultural Economics, Farming Advice, Poetry · 283 words
Grain it should be sold in the fall Even if the price it should be small, For if you keep it till the spring Sometimes a less price it doth bring.
For grain with whole world doth compete, You cannot raise the price of wheat, Then at once you should embark it On its way to world's market.
We hope our views you don't despise, For grain doth shrink in weight and size, If you sell wheat you can get gold, Retain it, damp may make it mould.
Remember too that of your wheat The rats of it will fondly eat, Sell it and money then invest, And you can get good interest.
When to Sell Grain and Farm Produce is listed on Textopian as a poem by James McIntyre, dated 1910 CE.
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Agriculture · Business · Economics · Farmers · Grain · Marketing · Money · Profit · Sales · Strategy · Trade · Farming