Most years, pre-harvest sales make good sense. But the anxiety of committing grain you don’t have in your bins yet can deter this smart business decision. This is where crop insurance comes in.
Mark Lipcaman, Regional Origination Manager, suggests thinking about crop insurance not just as an expense that rarely cashes in, but as an annual backstop that protects your revenue.... Read More
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 questions for U.S. farmers already stretched for operating capital: “Do I still try to get crops in the ground?... Read More
Women farm managers are growing in number and rank. According to themost 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.
One of these newer, business-minded farm managers is Maria Cox from Illinois,... Read More
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, you can participate in two key contracts that have a January enrollment deadline.... Read More
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 have all the answers at ADM,... Read More
In this farm economy, it’s hard to feel like you have any power over the revenue side of your operation. But now more than ever, it’s crucial to take charge of decisions that drive profitability.
So we’re launching a five-part conversation series, “In the Driver’s Seat: Staying in Control of Your Grain Marketing.” We’ll cover four key principles for managing farm risk,... Read More
Welcome to 2017! We hope you’ve had a restful holiday season, and that you’re sticking to your New Year’s resolutions. Did you resolve to be more strategic in your grain marketing? It might be a good one to add to your list.
Let’s admit it. Record harvests and supplies have created markets that are less than inspiring. Producers have one thing to fall back on: discipline.... Read More