Merchandising Skills | AgrisAcademy
Skills needed to maximize the value and manage the risk of physical farm production in the market
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Maximize Moisture in Soybeans! | AgrisAcademy
Delivering soybeans will moisture below 13-13.5 is like leaving $100 bills on the table. Start the fall before planting with a series of levers that can be pulled to deliver the exact specification that maximize your farms return.
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Grain Bagging | AgrisAcademy
We bought a grain bagger for our farm. Follow along as we separate fact from fiction. We will cover the economics as planned. In addition, we will look at the operational benefits or detractions. There will be a lot of learnings to share as we gain experience.
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Earning Carry Like an Elevator | AgrisAcademy
Elevators and processors hedge off the volatile grain risk and work to develop margins via basis. There is no reason farms cannot earn dollars against on farm grain systems. This video goes through some of the keys to success.
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Landing the Plane, Two Critical Months of Merchandising Your Crop | AgrisAcademy
The two months leading up to harvest may be the most critical time of year for merchandising your crop. Key risk management decisions as well as operational decision need to be made in this period. Both hands on the controls daily are needed for a successful landing
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Great Marketing Starts With Strong Foundations | AgrisAcademy
It seems obvious that having good data helps you make better decisions. What you don realize is that that same good data improves your mental state, Futures risk management has its biggest challenge at the psychological level. Knowing your position in DETAIL has many benefits.
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Second Derivative Thinking as a Skill for Better Decision Making | AgrisAcademy
How do we challenge ourselves to think deeper when making decisions in merchandising and risk management. A deeper level of thing adds clarity to the decision-making process. Running scenarios is one way to get to the deeper level of thought. Becoming better at second derivative thinking ha...
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Margin Calls Are a Good Thing! | AgrisAcademy
A margin call against a hedge as a grower is the result of a rising market. When we look at the total risk of a farm this is actually a good thing. As farmers we often have ownership in the bin, in the field, and years of factors of production
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The Balance of Power Between Buyer and Seller | AgrisAcademy
The volume and complexity of selling grain has required the industry to set forth a series of practices to help maintain the balance of power. Trade rules, confirmations, grain handling licenses are all such tools. Modern technology can add to the protection of seller and buyer alike.
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All or None Thinking is a Cognitive Distortion | AgrisAcademy
All or none thinking is a common human cognitive distortion. Gaining an understand of this distortion can improve your skills as a risk manager across your business.
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Specialty Contract Evaluation | AgrisAcademy
Specialty contracts have opportunities and pitfalls. The changing environment in US agriculture has us scrutinizing these contracts to determine true value.
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Inverses - Harvest is Merchandising Time | AgrisAcademy
When the crop is about to come the demands on your merchandising skills picks up. You should always be looking forward and reevaluating. Your job in merchandising does not stop until the check is in your account.
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Story Time: Smart Calculators | AgrisAcademy
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The Marriage of the Physical Plan and Merchandising Plan | AgrisAcademy
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Getting Caught, It is Happening | AgrisAcademy
We are seeing a number of producers caught in a no win situation. The farmer is long in the bin old crop grain hoping for a crop problem. The positions can become offsetting and the cost of maintaining the old crop position significant
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Managing the Inverse | AgrisAcademy
Skills and discipline are key to managing futures and basis risk in an inverse. Separating the decisions to market futures and basis is the first step. Understanding the odds of success for each position is a key second component
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Untapped Value at Intersection Between Cropping and Merchandising | AgrisAcademy
Today we go through one example of how coordinating your cropping and merchandising plan can unlock value
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Merchant Mentality | AgrisAcademy
Your efforts in learning the merchant mentality can be applied to other parts of the farm. In this video we draw comparisons to merchandising your production and trading equipment in a challenging environment
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Tendencies | AgrisAcademy
A detailed look at two common tendencies that cost farmers money. First, we define a systematic tendency. Second, we connect that systematic error with how it is costing your farm dollars.
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Auditing | AgrisAcademy
Mistakes happen. Do you have a way to confirm that when loads are delivered, they are getting accounted for properly. What controls do you have in place to prevent mistakes or worse?
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Technical Skills - How Prices Are Developed | AgrisAcademy