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Top 5 Steps to Successfully Analyze Farm Performance

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…

Will Sliding Corn and Soybean Prices Reverse Course?

Both corn and soybean prices show signs of change, with pressure to trend lower, but, strong animal feed and renewable fuel demand might bring some relief. If so, when? In addition to trying to time portions of your expected 2024 corn and soybean crop sales throughout the year to possibly hit top markets, also consider…

Top 5 Crop-Input Purchase Strategies and 2024 Fertilizer Outlook

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…

More Than Grain Contracts: 5 More Ways to Use ADMadvantage.com

Let’s face it. No matter what season it is, your farm operation will always demand more from your day than there are hours to do it. Knowing the value of your time—and the tasks competing for it, we’ve designed ADMadvantage.com to help you get the information you want…and back on your way. When you think of the Advantage…

Two New Apps to Manage Your ADM Account

Managing your business with ADM just got easier. ADM now offers two modern digital tools- Gradable® and ADM Access -so you can stay connected to your operation anytime, anywhere, from your smartphone, tablet or computer. Why Two Apps?  ADM understands that producers have different priorities. Whether you’re focused on sustainability programs or account management, choose the app…

Producers Show Well at Farm Progress Show

The Decatur weather could not have been more perfect for this year’s Farm Progress Show which ran August 29-31. Pleasant conditions and beautiful blue skies seemed to put attendees in a relaxed and upbeat mood. And, judging by attendance in the ADM tent, many producers were interested in learning more about how ADM’s product and…

Plan Your Profit for 2023

With the turn of the calendar, we’re off to a new year and working toward new goals. Coming into 2023, crop prices are historically strong, but input prices remain elevated as well. Each year sets up differently as far as a profitable grain marketing plan is concerned. That’s why now is a good time to…

A Bright Future for Soybean Demand

You’ve probably heard of renewable diesel, but what you may not know is how it could potentially influence the soybean market in the future. Demand is booming for this alternative fuel, and its effects are being felt across the markets for soybeans and soy products. Renewable diesel is fundamentally different from biodiesel, which has been…

Soybean Price Seasonality Creates Opportunity

As planters take to the fields across the northern hemisphere, soybean prices remain elevated on a historical basis (Chart 1) despite projections for an increase in planted acres. This creates opportunities for producers to forward price this year’s crop at profitable levels. Chart 1 – 10-year nearby soybean price Source: https://www.macrotrends.net/2531/soybean-prices-historical-chart-data But when to sell?…

Be in a Position for Opportunity, Whichever Direction the Market Moves

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,…