When planning the crops to incorporate in your rotation, you don’t want to put something in the ground that you don’t know how to get out. Knowing some of the logistics of harvesting a crop before planting it can help you better plan your operation. As a winter crop, canola is typically harvested in late…
When markets are bordering your break-even, it’s encouraging to hear from producers who are making it work. One straight-shooter on the speaking circuit is Matt Bennett. He grows corn and soybeans on a 3,000-acre farm in Illinois. For Bennett, it all comes down to staying focused and preparing for unforeseen opportunities. “We’re all under stress…
There’s a reason more farmers are selling portions of their new crop while it’s still in the field—or even before planting. Historical trends in the market make a good case for forward-selling. “Harvest is when the market has ample supplies of grain,” says ADM Grain Originator Cody Dust. “A farmer’s average price selling across the…
As we enter planting season and deal with a storm of daily news, you may be looking for alternative content –especially helpful resources or uplifting stories. We want to help direct you to those sources. We surveyed our employees and compiled a list of the best podcasts to listen to during the planting season and…
More women are climbing into tractors, applying fertilizer, selling grain, and making important business decisions for their operations. According to the United States Department of Agriculture (USDA), the number of female producers increased by 27% from 2012 to 2017, to 1.2 million female farmers working 388 million acres and making almost $150 billion in sales.
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…
As planters take to the fields across the northern hemisphere, soybean prices remain elevated on a historical basis (Chart 1) despite projections for an increase in planted acres. This creates opportunities for producers to forward price this year’s crop at profitable levels. Chart 1 – 10-year nearby soybean price Source: https://www.macrotrends.net/2531/soybean-prices-historical-chart-data But when to sell?…
If you’re a consumer of ag media, then you may have heard the name Liz Hulsizer. She’s a devoted advocate for mental health awareness and accessibility in rural America. An ADM grain origination specialist and a fifth-generation farmer, Liz and her husband Matt have made it their purpose to get people in rural America talking…
Both corn and soybean prices show signs of change, with pressure to trend lower, but, strong animal feed and renewable fuel demand might bring some relief. If so, when? In addition to trying to time portions of your expected 2024 corn and soybean crop sales throughout the year to possibly hit top markets, also consider…
