AgDay
Hosted by Haley Bickelhaupt, AgDay provides the nation’s farmers and ranchers with the latest news, weather and business headlines, and features the people and places unique to the industry and small-town America.
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Latest News
“If you think they don’t abuse small businesses, then my story says otherwise,” says J.P. Brooks. “They make sure we own nothing.”
Ted Seifred of Zaner Ag Hedge says while the rally in the energy markets is bullish for grains, the higher dollar and possible demand destruction from the Iran war are bearish. The market is trying to determine which will win out.
The nation’s farm groups are pushing for increased demand through biofuels and trade.
Consolidation risk is not limited to smaller operations. Succession gaps, management transitions and strategic exits are driving consolidation regardless of size.
Strategic purchasing and smart financing can help farmers navigate today’s equipment landscape while protecting their long-term cash flow, says one industry expert.
PI AgSciences aims to bring to market a new mode of action in row crops and specialty crops.
Kevin Duling with KD Investors says if crude oil continues to climb the funds may buy grains as a hedge against inflation and there has been some of that showing up already.
As the Strait of Hormuz faces potential closure, experts warn of supply chain disruptions just as U.S. farmers prepare for spring planting.
“We’re on a one-way street,” says Kenneth Graves. “I don’t want to just go along and pretend.”
Chuck Shelby with Risk Management Commodities says the uncertainty in the grain markets caused some risk off selling by traders but futures ended off session lows.