Still trying to decide what crop insurance setup to choose before the March 15 deadline? Below are some helpful tips to consider when deciding on your 2024 crop insurance. According to ADM Director of Alternative Revenue Brian Wiggins, there weren’t many changes to core policies relevant to row crop farmers. However, there were some changes…
ADM understands that farmers benefit from diversifying their operations. That’s why we at the ADM Mid South office are diversifying with you by now offering a winter canola marketing program. Here are three reasons to diversify farm revenue with canola: Canola is in high demand An increasingly wealthy world population desires healthier protein and fat…
You’ve just harvested your 2016 crops, and 2017 looms, with decisions on what to plant and production planning. You’re still working on selling this year’s crop, and on top of that, it’s tough to think about selling next year’s crop before it’s even in the ground. But as the CEO of your operation, you’re probably…
Successful companies start with a basic business plan. Farming is no different. In fact, with the future of your farm on the line, developing a grain marketing plan is one of the most important factors in determining your success. Yet it’s the piece farmers often find most difficult or intimidating. That’s the reason we’ve launched…
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…
Having an idea of how canola is marketed is important before you put a crop in the ground. ADM understands that farmers want to know how the cash price is calculated, what forces are affecting the market, and how to put together a forward-thinking marketing plan. Unlike corn and soybeans, canola futures are traded on…
It was a challenging 2018. The year started with positive news: projections of record soy demand and weather issues in Argentina. But then we had a perfect storm: a trade war, a better-than-expected South American crop, and another huge U.S. harvest. Mid-summer saw a dramatic drop in commodity prices that’s still trying to recover. When…
One big question in 2019 is trade: Will the U.S. and China reach an agreement? Will Congress approve the pact with Canada and Mexico? While export markets are important, there are other market drivers to consider: South American weather, African swine fever, and U.S. corn-soybean acreage swings, to name just a few. Because so much…
The market is carefully watching news about corn and soybean acreage, planting delays from flooding, and trade news. Any one factor could quickly change price direction—or not. You need to be ready for both scenarios. Bryce Knorr, respected grain market analyst with Farm Futures magazine, believes that 2019 will hold opportunities to make a profit…
Women farm managers are growing in number and rank. According to the most recent U.S. Census of Agriculture, female operators now make up 36% of farmers and work on 56% of all farms. Their role is growing, too. Most make some farm business decisions or manage the finances, and about 38% are the primary decision-maker.…
