Chip-Flory.jpg

Chip Flory

Chip’s hometown of Oxford Junction is in east-central Iowa. His family farm was a typical diversified farm with corn, soybeans, oats, alfalfa, a commercial cattle herd, a farrow-to-finish hog operation and sheep. After graduating from Iowa State University, Chip joined Pro Farmer in January 1988 as a floor reporter for Futures World News. He spent 3 years in Chicago reporting from the floors of the Chicago Board of Trade and the Chicago Mercantile Exchange. Chip moved to Pro Farmer headquarters in April 1991, was named editor in 1997 and remained in that role for 17 years. In 2014 he started the P.M. hour of AgriTalk and became the host of both hours of AgriTalk in 2019.

Latest Stories
The next challenge for U.S. farmers? To plant the 92 million acres of corn and 87.5 million acres of soybeans.
With USDA’s carryover estimates trending higher and price outlook trending lower from last year, many expect the sideways trends in new-crop futures to continue until the next shift in the fundamental outlook.
History suggests combined corn and soybean acres of up to 181 million, but several unknowns suggest combined acres could be higher in 2023.
USDA’s January updates limit downside price risk but do not eliminate the risk of lower prices.
Keep an eye on these four issues to impact corn and soybean prices in 2023.
Early November corn trade provided a glimpse of what to expect from a post-harvest corn market. Corn futures rolled over and through the bottom of the sideways trading range. But there was no “panic.”
A shrinking U.S. supply, a falling stocks-to-use ratio and the uncertainty of a third-consecutive La Niña South American growing season combined to keep soybean prices elevated through harvest.
A long-held belief is that it’s best to be “long-iron and short-taxes.” That’s likely to limit downside risk in the used equipment market through the end of the year.
Anxiety and stress associated with marketing decisions can be managed, but you must take an active approach.
This is the time of year market analysis takes on a single-issue focus: crop size. Don’t let it happen to you.