As a producer, you don’t control what the market does. Yet what happens there in just minutes can drive months of farm income. That’s why ADM offers you another way to take action in the marketplace. When you enroll a portion of your 2018 or 2019 corn or soybeans in ADM Advantage Expert, experienced and…
What Does Fertilizer Really Cost? Due to poor fertilizer application seasons in 2019, inventories are over-supplied, and prices are near historic lows. Lock in your spring and fall 2020 needs before there’s a price rebound. This has been the message of ADM Farm Direct Fertilizer over the winter. Their monthly conference calls and a mobile…
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.
After four years and 49 episodes, the last episode of In the Driver’s Seat podcast was published this month. What began as a five-part conversation series about managing farm risk and making successful grain marketing decisions evolved into a valuable monthly resource for farmers.
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,…
Following a strong two-year run, corn futures remain near the upper end of their historical price range. To protect these prices, producers can utilize a contract like the ASP to forward price a percentage of expected production during a seasonally strong time of year. By taking advantage of an ASP contract, you will benefit from:…
Measurement is the key to performance evaluation, and targeted benchmarks will provide a built-in pathway to knowing whether you’re meeting, exceeding, or falling short of your goals. So, what are the main ways to successfully analyze farm performance? Consider these top-five steps: 1) Establish and track profit per acre and/or breakeven production Among the key…
When it comes to spreading risk and planning for profit, the calendar is your friend. Timing your grain marketing — that is, selling portions of your crop at intervals throughout the year — is not only a good way to spread risk; it also helps remove some of the emotions around marketing. “A time-stamped marketing…
It is anticipated that major maintenance and repairs will be performed at many lock and dams on the Illinois Waterway during 2020, impacting the way ADM and the grain industry does business on the river.
When it comes to keeping your farm’s balance sheet in the black, using offers with the help of your ADM representative is a proven way to achieve your grain marketing goals. Using offers is a disciplined, incremental way for moving grain and working toward a profit, rather than trying to top the market in a…
