Sep 23, 2014
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Current Marketing Thoughts

RSS By: Kevin Van Trump, AgWeb.com

Kevin Van Trump has over 20 years of experience in the grain and livestock industry.

Highlights from the KC Fed Ag Symposium...

Jul 17, 2014

Crop Prices? There was an electronic poll taken taken right of the gates in regard to what was most on attendees minds, as you can imagine the number one response was overall "RISK" associated with plummeting prices.  In other words the extreme swings are making it very difficult for everyone in the industry to mitigate risk. One great line I heard this week came from a large lending institution who's clients are primarily in the row-crop business... He said, "well we've had our shot at trying to manage the insane swings and huge profit margins, now lets see how the livestock boys handle it."      CLICK HERE for my daily grain report...

 Last year at this event there was talk of $3.00 corn...same thing this year, more talk of $3.00 corn.  Soybeans still seem to remain a bit of mystery to everyone simply because there is no real substitute for the higher protein. Wheat concerns stem primarily around logistical issues and geopolitical tail-risk i.e problems in the Middle East, Ukraine, etc... Chinese demand clearly remains the #1 focus for most ALL global lenders and risk managers.  Will the demand and rate of growth stay strong and for how long?                                                  

There were many other great topics discussed during the two day event.  These ranged from taking a look at the current US transportation and logistics problems, to industry thoughts on land values and rents, to some great arguments to be bullish US ethanol, both short and long term.                    CLICK HERE to see my take on the event and all of my daily grain comments..

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