The Elevator’s Cut Podcast

What Position My Position Was In - Featuring Michael Kaeb


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S2E5 Join hosts Roger Gattis and Jason Wheeler on this episode of The Elevator's Cut as they welcome back old friend and former grain elevator manager, Michael Kaeb of White Commercial. Michael, now a consultant for grain elevators across the western U.S. and Canada, shares his surprising observations about the vast diversity of crops—from milo and sunflowers to various wheat types—and the unique hedging strategies employed in these regions, including using corn futures to hedge barley.

 

The conversation then dives into common, often misused, phrases in the agriculture industry. Michael helps demystify expressions like "the way the market is right now" and "out of position," offering a candid look at what these colloquialisms truly mean (or don't mean!) in the fast-paced world of grain trading. Plus, get a behind-the-scenes peek at elevator life, including the unexpected challenges of painting wood paneling and hilarious college student excuses. Tune in for insightful discussions, industry anecdotes, and a few laughs!

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