In this episode of The Hedged Edge podcast, hosts Jeff Eizenberg and Ben Hetzel discuss the current harvest season with guests Lacy Schatz from LJS Insurance Agency and Dwayne Bowman from Dakota Western Bank. They provide insights into harvest conditions across different regions, highlighting challenges like frost and dry weather. Lacey shares updates on crop insurance, including new program benefits for beginning farmers. Dwayne discusses the current interest rate environment and its minimal impact on agricultural operations. The team focuses on marketing strategies, emphasizing the importance of forward pricing, storing grain strategically, and having a comprehensive plan to manage market risks. They also address the mental health challenges farmers may face during difficult economic times and encourage producers to seek support and collaborate with their professional team. The episode offers practical advice for farmers navigating the complex agricultural marketplace, with a strong message of proactive planning and teamwork.

Episode links: 

Listen on the radio at KNDC Radio https://www.kndcradio.com/ and KBJM Radio 

https://kbjm.com/Hedged Edge: https://www.youtube.com/channel/UCkfDAB4OJfR7i9N62wUKGSA

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