Some veterans in the ag industry are calling this spring a “100-year event.” Never in history has there been a year quite like this one. To complicate matters, the U.S.-China trade talks continue to struggle and tariffs have escalated once more, taking a toll on the markets. This rare triple-whammy (trade, markets, and weather) creates…
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…
These are challenging times in the ag sector, especially for farmers who didn’t get in a whole crop this spring. You may need to reapply for financing. Whether it’s getting an operating loan to put in the new crop, getting financing for expansion, or just making it through a rough patch, there are things you…
Following two strong seasons for corn, soybean and wheat prices, marketers are looking nervously ahead to the 2023 season due to recent market turns. Prices have been high and traditionally this has led to increased production. But there’s uncertainty whether prices will remain elevated or begin to slide based on increasing global supplies. Either way,…
No matter the year, crop-input cost decisions will play a huge role in determining your profit outcomes. To help you succeed in your plans for next year’s crop, consider our top 5 input-purchase strategies: #1 Pair Grain Sales with Fertilizer Purchases Plan to formulate a crop marketing strategy that pairs grain sales with your costliest…
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…
Farmers today typically spend about one third of their total input costs on fertilizer. Now, a fertilizer purchasing program called ADM Farm Direct Fertilizer gives producers more control over crop nutrition costs, and can reduce them significantly in many market conditions. The advantage comes from buying in bulk earlier in the supply chain, and having…
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…
