Matt Bennett with AgMarket.Net visits with Chris in this weeks episode. Matt and Chris discuss the market pressures that continue to weigh on prices. As we are working through the February crop insurance price discovery for corn and soybeans; Matt and Chris discuss some of the possibilities and potential considerations as we move toward the March decision timeframe. They go onto to discuss outside fundamentals, such as the funds taking on additional short positions potentially, weather in South ...
Feb 11, 2024•18 min
Shay and Nick discuss Harvest Profit, things affecting the industry of agriculture, and some practices we use for thinking about business decision-making, knowing ourselves, and more. Enjoy and please share!
Feb 05, 2024•42 min
Jarod Creed with JC Marketing, visits with Chris in this week’s episode. At the beginning of the February price discovery for crop insurance; corn comes in around $4.77 while soybeans come in around $11.70. Jarod and Chris discussed the possibility of market movers during the month of February, however, unless the Funds begin to lighten up on short positioning, all other prospects for moving the markets higher look bleak currently. Additionally, with the massive amount of old crop corn still in ...
Feb 04, 2024•34 min
Ryan Moe guest hosts this episode with Scott Klososky (Founder of Future Point of View) which was recorded at the Ag View Executive Business Conference. Scott explains the current and future uses of AI and the impact it could have on our businesses. We are in the midst of rapid changes in technology. Scott explains some of the opportunities and challenges with the technology. Either way it’s coming fast!
Feb 03, 2024•18 min
Ryan Moe guest hosts this conversation with Jason Kuhn former Division 1 Athlete, and Navy SEAL Sniper. Jason gives brief story of his process to becoming a Navy SEAL and how some of the lessons learned can be applied in our ag businesses. Jason gave an extremely motivational and impacting presentation at the Ag View Executive Business Conference, this discussion is a short summary of some of what he talked about at the conference.
Feb 01, 2024•32 min
Ben Gordon with Fractal Agriculture discusses the ideas behind equity capital in agriculture, why it could be important in the years ahead, and information on the upcoming webinar he will be hosting with Shay and 2 other industry figures. You can sign up for the February 22nd webinar here: https://zoom.us/webinar/register/4017056278050/WN_CkwKhsXRQC6f0oeike4qSA#/registration
Jan 30, 2024•31 min
Joe Vaclavik guest host this week’s Market Outlook episode from the Ag View Executive Business Conference in Phoenix Arizona. Joe talks with Jarod Creed and Peter Meyer. They take a look ahead and discuss some of the opportunities and challenges over the next few weeks as we try to dig out of continued low price action.
Jan 28, 2024•18 min
Clark Neighbors with BIS Commodities in Cedar Rapids Iowa visits with Chris in this week’s episode. Chris starts with the key question: What is the “magic corn price” that farmers would be willing to let go of the 2023 crop? Farmers seem to have a minimum target of $5 per bushel on farm price for the balance of inventory. However, is that realistic and how do we navigate basis to get to that net value? Clark provides some perspective on what some of the trigger points might be for producers to b...
Jan 21, 2024•28 min
Shay talks with Mike Downey of Next gen Ag Advocates on transition planning, how to get started, and what to consider in 2024 and beyond. They also touch on investing off the farm with farmer groups.
Jan 15, 2024•25 min
In today’s weekly market outlook, we have a conversation with Peter Meyer and Jarod Creed about the series of USDA reports that came out on Friday. Although the initial reaction by the market was bearish, it did recover a bit at the end. But the tone is not bullish and there is a lot of corn stored by farmers that needs to be sold. We also discuss the outlook for corn versus beans for 2024 and the trend appears to be moving to corn.
Jan 14, 2024•22 min
Damian Mason Author, Business of Agriculture Podcaster, and National Speaker visits with Chris in this episode. Doing business better is the theme of this entire conversation. Chris pulls out 4 key elements of Damian‘s book titled “Do Business Better” and questions Damian on the applications of these topics in order to help farmers do business better as we head into 2024. Chris dives into a discussion with Damian on the following. 1. Get Better 2. Four Traits to Success. a. Risk tolerance. b. Dr...
Jan 09, 2024•25 min
Jeff Fichtelman with interactiveag.com visits with Chris in this week's episode. Jeff provides some excellent perspective on the importance of recalibrating your mindset with where the corn and soybean markets have been versus where they are now. He walks through some of the key principles needed to take advantage of small opportunities as they arise in this new marketing environment. Chris asks for some perspective on dealing with the glut of old-crop corn that many producers are still sitting ...
Jan 07, 2024•32 min
Matt Bennett, with AgMarket.Net visits with Chris on this week's market outlook. The conversation begins with a discussion around the possibility of pricing opportunities in the first half of January. They go on to talk about some of the opportunities and challenges that could come out of the upcoming January 12 USDA report. The balance of the conversation consists of discussions around the funds, money flow, US dollar weakness, and the importance of managing your numbers on your own operation t...
Dec 31, 2023•24 min
Chris and Shay join each other in conversation; each with their top 5 lessons learned in the past year. Neither Shay nor Chris knows each other’s lessons learned before the recording which makes this an interesting conversation as they share their lessons from the past year. Get a pen and paper out and jot down the 10 lessons as Shay and Chris share their list with each other and compare those with the lessons you have learned in your operation over the past year. We encourage you to share your ...
Dec 28, 2023•36 min
Chip Flory with AgriTalk visits with Chris in this week’s episode. Chris begins with a question for Chip on how to navigate all of the noise and opinions around Marketing. Chip provides some excellent perspective on navigating your information sources. Chris continues the conversation around the challenge of the 2023 unsold bushel. Chip provides perspective around the importance of “controlling your inventory.” Setting a price and opening the upside potential as one key consideration in the disc...
Dec 28, 2023•27 min
Jarod Creed with JC Marketing visits with Chris in this week’s episode. This discussion is a three-part conversation that starts with opportunities to consider for the 2024 marketing year. Jarod explains several strategies to minimize risk in the 2024 season. Jarod and Chris, discuss the challenges and opportunities as growers navigate pricing the remaining production from the 2023 season. Jarod and Chris discuss some interesting observations as producers begin conversations with lenders on loan...
Dec 17, 2023•22 min
Garret Brown with Codak Risk Advisory, codakgroup.com, visits with Chris in this week's Market Outlook. Garret begins the conversation with a breakdown of some of the key components from last week's WASDE report. Garret goes onto to explain the strength in the wheat market and the importance of the recent Chinese demand. The conversation continues with discussion around Fund positioning along with various other fundamentals, impacting the markets. Some outside macro conditions to pay attention t...
Dec 10, 2023•28 min
Lewis Stearns with progressive Crop Solutions doesn't need his work to be sexy- he needs it to to work. And his work is putting your data to work for you. We are all guilty of not managing our farm data like we should, and Lewis and his team work with farms to get them where they need to eb, and provide a stand-alone report card on how your business and farm is doing, without telling you how to farm. Today Shay and Lewis discuss some key objectives for the year ahead, and address common question...
Dec 04, 2023•38 min
Sign-Up For 19 Minutes: https://podcasters.spotify.com/pod/show/19-minutes/subscribe Jim McCormick with AgMarket.Net visits with Chris in this week's episode. The conversation revolves around the following theme. There are significant similarities this year to what we saw in 2013. This doesn’t necessarily mean we will see the exact same scenarios play out however, there are significant conditions that rhyme with 2013 and create a risky scenario that producers will need to navigate in the coming ...
Dec 03, 2023•27 min
Pete Meyer visits with Chris in this week's episode. They start the conversation discussing recent volatility in the Soybean market. What would it take to break out of the current price range and how much impact is South American weather having? Peter does make the comment to be careful in “weather markets” and take advantage of rallies when opportunities present themselves. They go on to discuss some practical decision considerations in order to take advantage of carry in the market, while at t...
Nov 26, 2023•30 min
Ryan Moe with Stone X visits with Chris in this week’s market outlook. Producers in the east, continue harvesting high yields, high moistures, and running out of space. Producers in the west, have shut the Bin doors and are struggling with what to do with unsold bushels. Ryan expects the Funds to have very limited and light trade in the upcoming week, and possibly as we head toward the end of the year as many traders are exiting commodity positions for the time being. Ryan goes on to explain the...
Nov 19, 2023•30 min
Jarod Creed with JC Ag Financial visits with Chris on this week's episode. The conversation begins with a discussion around final harvest results as many producers wrap up the 2023 harvest with a few areas still challenged with wet grain conditions. Jarod reviews last week's WASDE report and talks about what it might mean for producers in the months ahead. They go on to discuss numerous other topics, which include South American weather, Chinese demand, and the funds. The balance of the conversa...
Nov 12, 2023•49 min
Mark Welch, Grain Marketing Economist at Texas A&M visits with Chris in this week's episode. Mark starts the conversation talking about the issue of having a large carry over in corn. Coupled with limited demand. Price pressure on corn is likely to persist. Mark goes on to discuss some considerations and the importance of taking advantage of short-term price rallies and feeding the market along the way. Mark also hits on the idea that farmers need to pay close attention to managing their lin...
Nov 05, 2023•34 min
Joe Vaclavik with Standard Grain talks with Chris in this episode as producers continue to chip away at harvest. They start the conversation around harvest progress but lean into what has become the biggest question for many producers. “What should I do with my unpriced bushels? This is a huge question for many producers with a lot of things to take into account as these decisions are made. When to sell, and what is the appropriate price levels? Careful consideration is needed on numerous variab...
Oct 29, 2023•24 min
Jim McCormick with AgMarket.Net visits with Chris in this episode as harvest continues and Jim questions whether or not the harvest low is in? As we enter the last week of crop insurance price discovery, it looks as if corn will land somewhere around $4.90 while soybeans well land likely in the area of $12.74. As of this recording, there are still seven days of price discovery, but it is unlikely the prices will move very much from here. Chris and Jim go on to discuss the one day price run up th...
Oct 22, 2023•25 min
Shay and Matt Bennett discuss WASDE, harvest lows, 2024 outlook, and even 2025…
Oct 15, 2023•24 min
Jarod Creed with JC Ag Financial Services talks with Chris in this episode about key marketing topics as we progress deeper into harvest season. They both talk about harvest updates for themselves and clients. Many producers are pleasantly surprised with yields higher than expectation in both corn and soybeans. However, there are still some areas where yields are falling short in some of the extreme dry areas. Jarod makes note of the current insurance fall discovery price for both corn and soybe...
Oct 08, 2023•46 min
Shay and Paul discuss payment in kind and charitable contributions and where they might be a fit in your farm and family.
Oct 04, 2023•11 min
Clark Neighbor, President at BIS Commodities in Cedar Rapids, Iowa visits with Chris about numerous marketing fundamentals to watch as we get deeper into harvest and beyond. Harvest progress. USDA, Quarterly Stocks report details. Managing unsold bushels / Storage. Technical price ranges to pay attention to. Impact of low river levels on grain movement. Doing your math: managing carry in the market, storage cost, interest rates, basis, and cash flow. Lack of export demand. Crops growing in South...
Oct 01, 2023•31 min
Mitchell Hora with Continuum Ag talks about how to take advantage of funds coming to agriculture in the Inflation Reduction Act and the implications to Renewable Fuels. Learn how your farm can take advantage and get paid, and what you need to be doing RIGHT NOW for 2024 and 2025. Actionables: 1. Get your Carbon Intensity score (CI) 2. Talk to your processors, ask the 5 P's - What is your CI program? - What will your premium be? - How will I get paid? - What pilots programs are in place now? - Wh...
Sep 25, 2023•39 min
