With the turn of the calendar, we’re off to a new year and working toward new goals. Coming into 2023, crop prices are historically strong, but input prices remain elevated as well. Each year sets up differently as far as a profitable grain marketing plan is concerned. That’s why now is a good time to…
During the “commodity super-cycle” between 2007 and 2012, it wasn’t unusual for net farm income to top $125,000. But statistics show median farm income around $35,000 in 2017. Some would say we’re in a “winter of agriculture”—meaning a tougher challenge for some operations. But noted ag economist Dr. David Kohl says there are many new…
You’ve purchased inputs, your fuel tanks are full, and you’re ready to roll. In just days, you’ll be planting. But have you really prepared for a new crop year? Not without a marketing plan. A few hours of planning now will pay off later—maybe a lot. To help in the next crucial days, here are…
You’ve purchased inputs, your fuel tanks are full, and you’re ready to roll. In just days, you’ll be planting. But have you really prepared for a new crop year? Not without a marketing plan. A few hours of planning now will pay off later—maybe a lot. To help in the next crucial days, here are…
Every day, it seems there’s a new gadget that promises to help you farm—and they keep on coming. Last year alone, there were a record 580 investment deals betting money on the next tech device or computer program.1 As a producer, how do you weed through all the options for those worth your time and…
New offerings aim to help farmers “keep their business on track” DECATUR, Ill., Aug. 22, 2017—Archer Daniels Midland Company (NYSE: ADM) will showcase a variety of new products, services and mobile technology designed to help farmers “keep their business on track” at this year’s 64th annual Farm Progress Show, Aug. 29-31, in Decatur, Illinois. Farm…
It’s hard to believe another harvest is nearly in the books, Thanksgiving’s upon us, and winter is around the corner. If you aren’t already, you’ll soon be planning inputs for your 2018 crop. In this farm economy, spending can be stressful. A few forward marketing moves now can reduce the anxiety of new-crop expenses as…
Going into a new crop year, you need some early wins, and February gives you the perfect chance to do that. How? By locking in lower fertilizer prices while also contracting some of your new-crop bushels in spring markets—typically some of the best of the year. With this combination—like playing both defense and offense—you can…
“The thing about farming,” says Matthew Kroes, ADM Origination Specialist in Indiana and Illinois, “is that there’s always something else to do—always something to take you away from selling your grain.” That’s where offers come in: letting a grain buyer know you’re willing to sell some bushels at a firm price or a price range that…
For 118 years, ADM has been serving farms across North America, providing markets for the food you grow and supplying high-quality crop nutrients. We’re fully committed to maintaining this role as circumstances surrounding COVID-19 continue to evolve. Our top priority is the health of our customers and ADM employees. At our facilities, we’ve instituted guidelines…