By now, you know your 2018 input costs, and have price targets for your corn and soybeans. But can you realistically capture them in these markets? Yes, say two guests on Episode 3 of In the Driver’s Seat, our grain marketing podcast. ADM reps Danny Pfoff and Justin Newman share how they’ve helped farmers capitalize on…
Every summer, ADM Farmer Services welcomes interns from multiple regions to learn about key areas of agriculture and to work alongside ADM representatives. This year, twelve college students are being immersed into ADM’s culture, services, products, and the numerous ways ADM helps farmers run their operations. While each experience will vary by local office, ADM’s…
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…
A record harvest along with lingering trade uncertainty have weighed on markets. But as you continue to farm, there’s one thing you have to fall back on: discipline—doing the right things, step by step. It’s not too early to estimate 2019 acreage and yield, then sketch out a preliminary grain marketing plan. By planning now,…
Ready for some good news for a change? This was a challenging year for markets, but if seasonal trends hold true, we may have weathered the weakest months. Opportunities have come around again to jump on spring prices for some of your 2019 crop. Because stronger markets typically happen early in the crop year when…
There are forecasts for a cooler and wetter-than-normal harvest across the U.S., posing a new round of challenges for producers. You’ve brought your crop this far; don’t risk it getting discounted for quality issues. What can you do to prepare your bins for new grain, keep it dry, and preserve its quality through delivery? We…
Crop insurance is an important tool to improve your margins. It gives you freedom to market your grain at the best possible price, which typically occurs early in the crop year. As a safety net for both crop failure and declining markets, your policy helps you protect a price well beyond the guaranteed minimum—critical in…
When you look at soybeans, wheat, and corn right now–the grain complex–professional marketers say things will get better, they just don’t know when. So, the challenge is getting through the interim. Even with the disruptions (most recently from COVID-19), you can take steps to control your risk. A disciplined approach will position you for opportunities…
