Defying Gravity...? Conspiracy? Soybean futures too high? When you look at basis on soybeans around the country there is a pretty loud voice saying "we don't need your soybeans today" 1. Soybean futures spreads between the November and the March at 18.5 cents. Futures

Catch the Mike and Jeff Show live next week. Where? Husker Harvest Days to be more specific. We will be hanging out with the Akron bagging people along with Busch AG Tuesday and Wednesday. We will be ready to talk everything from merchandising economics to Bitcoin.

Ag Economy... my observation: corn and soybean country The value of land and land rents are a measure of forward looking expectations. I have not seen a drop on either value in the last 24 months. My survey is my own operation and a swath of students and retained

Caught a discussion from a key grain association about China, focusing on tariffs and a volume commitment. Having worked in China, we can say the pricing/tariff aspect is ultimately manageable, but there's no chance they'll stick to a volume guarantee. It's pointless; don't rely

Mike learned the hard way this weekend that when you hang two deer stands and clear a bunch of trees you don't need to go to the gym. Can barely walk. Lugging the equipment through a very good looking Minnesota corn field did not help.

In my old age I have been humbled enough to look at markets as an information source. One thing for sure southern rust or frost or dry weather is already in the market. My concern this morning is the threat of massive physical deliveries of soybeans against the November

Day 1 at Husker Harvest Days is here! Check out our schedule for today ⬇️ 📍 Morning + 12:30 PM → Sukup Booth #16 📍 Rest of the day → Maya Corn Heads Booth #1109 Come say hi and catch the action with the Farm4Profit team! Sukup Manufacturing Co. Grant Wiese Mike and Jeff show @AgrisAcademy AgXplore

Calm before the storm Husker Harvest Days with Farm4Profit. Next to BushAg and Akron. 12:30pm today Farm4Profit Podcast Mike and Jeff show @AgrisAcademy

We had a great time with the guys from #farm4profit yesterday. We ventured way out into farm policy and tariffs on this one. Should drop late September. We are teaching storage economics and bagging with the team from Busch Ag today. Stop by and ask Mike about Bitcoin.

Professor Jeff's grain carry and bagging economics class is in session at Husker Harvest Days

Observation of the week. A few months ago we posted about the increasing irrelevance about US-specific stocks-to-use and ending stocks metrics. Wheat, being so globally sourced, has been there for a while. Beans appear to be quickly headed there too. This year, you throw in the

Some length to this, bear with us. Rather clear indications there will be another round of support payments. Please please do not let this take your eye off maximizing your risk management and merchandising strategy. To zoom out on this and understand the impact of another

For those of you out there who are market junkies or who want a second opinion on the "experts" or "polls" out there check out Polymarket. Fascinating data most times on what real money is saying about the possible outcome of something vs what may be said in other more

Why would Brazil buy US soybeans? Well.... If I could export my soybeans to China for 50 cents a bushel more then I could buy delivered US soybeans I smell an opportunity. I would make more than $1 million per boat I loaded. (PS not that simple) Welcome to how

Pet Peeve - commercial buyers bid December delivery corn against December futures... I had a client tell me that he sold -.10 basis for December. I'm thinking board carry 20 cents Dec-Mar and a basis carry of 30 cents. Locking down 50 cent carry to get some grain moving