Future Profits Podcast

With soaring input prices along with high and global turmoil, there is a lot to unpack as we start 2022. Adam and Trevor go over developing trends, strong futures prices, and most importantly how to capitalize on the margin that is being presented!

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].

Retired Hills Bank agricultural lender Tim Smith joins Adam and Trevor to provide insight from a lender's perspective. They go over important information banks want to see along with what sets great operations apart from the average producer. 

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 take a look back on the year of 2021. They discuss their main take-aways from the year.  The two go over strategies that were effective throughout the year as well. They also discuss the current marketing landscape and look forward into 2022. 

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].

In Part Two of our ASF Series Adam and Trevor go over the possible impacts the United States could see if African Swine Fever made it to our country. They cover the impacts spanning from livestock and grain prices to how allied industries could be effected. 

Referenced Study: https://www.card.iastate.edu/products/publications/pdf/20wp600.pdf

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].

This episode is Part 1 of a two part series on the topic of African Swine Fever (ASF). In Part 1 learn about the gravity of ASF from AMVC veterinarian and African Swine Fever Task Force member Jason Hocker. Adam, Trevor, and Jason discuss the possible effects on the hog industry and how the US is planning to deal with positive cases. Look for Part 2 releasing soon that will dive into how ASF will effect the hog market along with the entire Ag economy. 

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 welcome Jared Schmidt to the show. Jared specializes in estate planning with Farm Financial Strategies. The three of them go over different tax proposals that would impact agricultural operations when they are being passed from one generation to the next. 

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].

Following our previous conversation about base price discovery, learn about basis and the implications it can have on your operation. Adam and Trevor also spend some time going over spreads and what strategies can be implemented depending on the grain market at the time. They also discuss basis as it relates to base price in hogs. 

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].

Learn the different pricing methods used by packers in the pork industry and how it effects risk management. Adam and Trevor also talk about base price in the cattle industry.  

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]. 

Co-hosts Adam Hocker and Trevor Smith outline what you can expect when listening to the Future Profits Podcast. It is our goal to share meaningful information that farmers, ranchers, and other agricultural businesses can benefit from.

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 dive into the importance of risk management in agriculture, tools to implement, and some of the benefits that can come from utilizing risk management. 

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].