Grain Basis

Trevor and Adam welcome Erin Brenneman with Brenneman Pork. Erin works in a sow farm for Brenneman pork while also being the public relations manager. Erin grew up in suburban Chicago never having been on a farm before marrying her husband and taking on the life of a pig producer. This upbringing has given Erin a unique perspective and helps her relate to those outside of our agriculture community. This gave Erin a passion for informing everyone and telling a story as it pertains to agriculture and how our food is produced. Be sure to follow Erin on Instagram and TikTok @sowmomma. To learn more about Future Profits Consulting go to future-profits.com. For additional questions or topic recommendations reach out to us at [email protected]

Trevor and Adam welcome Stan Nelson of the Iowa Corn Promotion Board and Denny Friest of the Iowa Corn Growers Association. Stan and Denny explained their respective organizations. The conversation also covered current legislative issues, threats, and new opportunities for corn in the future. Be sure to visit iowacorn.org to learn more or become a member. To learn more about Future Profits Consulting go to future-profits.com and be sure to check out our grain products that are available to help your operation. For additional questions or topic recommendations reach out to us at [email protected]

Adam and Trevor run through what has happened in the marketplace since our last market conversation. They talk through some current issues in hogs, corn, and beans, and not panicking with a big market move because of risk management strategies already in place. The podcast finishes talking about having a plan for the rest of the year and building your budgeting plan for 2023. To learn more about Future Profits Consulting go to https://future-profits.com/. For additional questions and topic recommendations reach out to us at [email protected].

Future Profits welcomes Bob Sinclair with Sinclair Tractor. Bob dives into the how current issues are affecting the availability of equipment and parts and how that might affect an operation today. Bob also goes over the future of ag equipment and over all upcoming trends in agriculture.  Visit Sinclair Tractor's website with the link below: Sinclair Tractor | Iowa | Farm Equipment Sales To learn more about Future Profits Consulting go to https://future-profits.com/. For additional questions and topic recommendations reach out to us at [email protected].

Adam and Trevor discuss the changing grain basis environment and how you can use this information to add value to your operation. With basis swings getting wider, they talk through a few risk management opportunities to take advantage of these swings. To learn more about Future Profits Consulting go to https://future-profits.com/. For additional questions and topic recommendations reach out to us at [email protected].

Adam and Trevor give their thoughts on current market conditions after a lot of recent movement. They discuss the importance of having a plan marketing plan with data based decision making. Find the products referenced in the podcast to help organize information on our website through the link below.  https://future-profits.com/products.php

Whether you have an operation that could benefit from buying or selling manure, Adam and Trevor cover both perspectives. They cover the current commercial fertilizer costs compared to manure along with the benefits and drawbacks of each side. 

Josh Cannington, Vice President of Interest Rate Risk Management at StoneX, joins the podcast. Josh goes over inflation, the state of the economy, and actionable steps to take that can mitigate the effects rising interest rates may have on an operation.  You can learn more about Josh through the link below: https://www.stonex.com/Commodities/Financial-Futures/

Future Profits welcomes Farm Progress policy editor Jacqui Fatka to the show. Jacqui dives into current legislation surrounding Cattle Price Transparency, Proposition 12, the Renewable Fuel Standard, along with the expiring Farm Bill.  You can learn more about Jacquie and read her articles through the link below.  https://www.farmprogress.com/author/Jacqui-Fatka

With uncertainty and volatility on the rise, clarity around decision making is more imperative than ever. Adam and Trevor go over the current state of the markets and how to weigh the Ukrainian conflict with the seasonality of grains. They also discuss the importance of knowing the margins for your operation to fuel good decision making. The tools mentioned in this podcast can be found at our website below.  https://future-profits.com/products.php