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!

#562 - Harvest Profit with Nick Horob

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Jim McCormick with AgMarket.Net visits with Chris in this week's market outlook. 
In this week’s discussion Jim and Chris talk about the slow planting pace and the possibility that there could be as many as 9 million acres yet to be planted. 
However, we’ve seen a significant price decline from the May highs, so there are other factors the market may be considering as we move forward from the planting issues. 
Jim goes on to hit on a number of Market fundamentals, including Fund positioning, geopolitical issues, zero Chinese demand - to date, and the soon to come crop ratings that could give us some market strength; depending on what crop condition ratings show in the weeks ahead. 
Jim also points out some observation from the commercials which indicate that farmers are still likely holding as much as 25% -30% of their old crop corn, and as much as 10 to 15% of soybeans. 
New crop sales also lag with commercial perspective that farmers are only 9% sold on corn and 7% sold on soybeans. Finally, Jim points out the importance of getting your offers in place as many times the market will give you an opportunity, but it’s often short-lived and in the night trade.



#596 - “Farmers Are Still Holding A Big Unpriced Inventory!” - Weekly Market Outlook: June 3-7th

Jarod Creed visits with Chris in this week’s market outlook. Planting conditions are still a struggle in many areas. However, there are other drivers in the market currently that could be giving us current price strength. The wheat market is one of the key factors that Jerod points out. Plus, there may be some technical that could provide some pricing opportunities. 
Jerod goes on to explain a number of scenarios that we may see as we head through the growing season. 
Jared also talks through some strategies to consider as you work toward pricing the 2024 crop and possibly even 2025 crop.

#595 - “The Biggest Market Mover” - Weekly Market Outlook: May 28-31st

Paul Neiffer visits with Chris in this episode of The Ag View Pitch. 
Paul provides an update on specifics in the new farm bill from the House side of the legislature. Now the debate begins the Senate.

#594 - "Final House Farm Bill Now Goes to the Senate"

Andy “Caygeon” Junkin visits with Chris in this episode around the topic of family succession. 
Andy explains some of the key challenges with family Farm succession. 
In this conversation, Caygeon and Chris delve into key challenges that derail many Family Farm operations due to poor communication, lack of empathy, trust issues, narcissism, and most importantly, just being plain stubborn! 
Caygeon says, “that when you point the finger at someone, remember that there are always three fingers pointing back at you!” 
Even if you currently have a succession plan, this is a must listen podcast to make sure your farm operation is successful for generations to come. 
We will be following up with future episodes, both on The Ag View Pitch and 19 Minutes. 
If you would like a free audio, copy of Andy “Caygeon” Junkin’s book STUBBORN you can listen to it here: www.stubborn.farm/stubbornbook

#593 - "Family Succession: Issues & Opportunities!"

Ryan Moe talks with Chris in this week's Market Outlook. 
They discuss the delayed planting and the possible price increase that it still may bring in the market. 
However, prices will likely be limited as farmer sales seem to provide a wet blanket over any price increases. 
If we do see some price strength due to slower planting pace, producers may want to consider getting their offers in to take advantage of what might be a short-term pricing opportunity.



#562 - Harvest Profit with Nick Horob

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