Corn and soybean markets have been discouraging lately, to say the least. Trade uncertainty, changing world demand, fund positions, and large crop projections have created a crazy environment around commodity prices. It’s natural to fear what’s next and wonder what you can do to keep your operation on sound footing. While we don’t pretend to…
ADM has announced it’s working with Cargill to develop information technology that will give farmers powerful insights into their production economics, and consolidate grain marketing activities into a single digital platform.
Results from the 2017 U.S. Census of Agriculture have been published, and the picture of farming is changing. There are over 321,000 producers under the age of 35, and that ratio is growing as older generations pass on management of their farms. The USDA report says, “Farms with young producers making decisions tend to be…
In the past, farmers had fewer choices. Now, there are dozens of grain marketing methods to work toward more profitable prices for your crops. Here, we’ve defined each category and their pros and cons. Every farm and producer is unique. Combine the methods you’re comfortable with into a customized plan. Manage your risk by starting…
There’s some comfort in routine right now. For producers, there’s another crop to plant, harvest, and distribute – and it all starts right now. One thing that’s not routine, though, is making a profit. Challenging markets continue, and that calls for careful planning once again. Regardless of circumstances, here are five basic actions within your…
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…
With harvest underway, hopefully your 2018 grain marketing plan is still in place, guiding you on whether to sell or store the extra bushels in this large harvest. Successful businesses continually review their wins and losses so they can move forward with a better plan. We take up the challenge of evaluating your grain marketing…