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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
This week Chip Flory and Jim Wiesemeyer discuss concern over high temperatures and a lack of rain, cyberattacks, PORK Week and more.
For 2022/23, the U.S. corn stocks-to-use ratio sits at 9.6%. Traditionally, a ratio under 12% suggests the need for more acres in the next growing season.
This structure (or forward curve) in corn and soybean futures should have you focused on this fall’s “Priority 1 bushels.”
USDA’s first official look at the 2022/23 marketing year is the foundation from which supply and usage estimates will be fine-tuned in the next 16 months.
It was the “big swap” many didn’t expect. What makes it believable is total corn and soybean acreage intentions of 180.5 million is nearly unchanged from 2021.
Headline-driven markets are tough to face but these tools can help.
Soybeans will be bidding for U.S. acres in the next three years (and longer) to feed crush expansion.
That is not an efficient way to collect and process information — it’s likely to leave you dazed, confused and unable to even make a decision. Here is my advice.
It’s time for a reality check on 2021-crop corn, soybeans and wheat. If you haven’t locked in prices (and record returns on investment for many), why haven’t you?
“Don’t panic on price slides and sell into rallies.” That was the consensus marketing outlook from several analysts on “AgriTalk” following the 2021 harvest.