GrainWaves

Crop merchandising has been stubbornly analog for decades. Scale tickets, phone calls, and texts are the way business gets done. Inconsistent standards, incomplete information, and lack of visibility into what's happening have been accepted as the way things work. The good news? Technology can help overcome the major barriers between grain merchandising and an efficient digital future. Like what you hear? Remember to subscribe, leave a five-star rating, and share GrainWaves with your friends and family.

When working on her masters in agricultural economics, Jacqueline Holland focused her research on large farm decision-making and precision crop technology. She brings that strong knowledge of large agribusiness management to her daily reporting as a grain market analyst with Farm Futures. Tune in to hear Holland's thoughts on the market, technology, and industry stories she's keeping an eye on headed into the 2022 growing season. Note: this episode of GrainWaves was recorded in October of 2021. Like what you hear? Remember to subscribe, leave a five-star rating, and share GrainWaves with your friends and family.

Angie Setzer, a grain marketing specialist you probably know by her twitter handle, Goddess of Grain, joins GrainWaves to talk farmer mindsets, the future of ag transportation, and digital media as a powerful tool for education. Like what you hear? Remember to subscribe, leave a five-star rating, and share GrainWaves with your friends and family.

Weren't able to attend the NGFA convention this year? Rodney breaks down 3 trends he saw from the show floor — including the importance of end-to-end technology solutions — alongside Kearney Klein, a logistics executive who leads transportation solutions for Indigo. Like what you hear? Remember to subscribe, leave a five-star rating, and share GrainWaves with your friends and family.

Calling in from western Iowa, grain marketer Thad England gives an update on what he’s seeing and hearing from farmers and buyers as corn & beans continue their historic rally. Why does this year feel different than 2012? Which pricing contracts are screaming hot? How is new crop selling? Listen in for this and more as  Thad talks about why it’s such an exciting time to be an American farmer.    Like what you hear? Remember to subscribe, leave a five-star rating, and share GrainWaves with your friends and family.

The growth of analytics and data science in the grain business will be a trend to watch over the next decade. And it won’t be us vs. machines. It will be us + machines. Because tech will need to prioritize human relationships for it to succeed in the buying and selling of crops. Hear why from Mark Johnson of GrainBridge. Like what you hear? Remember to subscribe, leave a five-star rating, and share GrainWaves with your friends and family.

Jason Wheeler, co-host of Elevator’s Cut and grain merchandising specialist at White Commercial, stops by to talk with Rodney on how a strong, local grain buyer can be so important to a town’s economy. When the buyer makes more money, the farmer makes more money, too. It may sound counterintuitive at first, but join this conversation for a closer look at the process.   Like what you hear? Remember to subscribe, leave a five-star rating, and share GrainWaves with your friends and family.

Kearney Klein knows carriers don’t want to spend more time sourcing loads. He knows farmers and grain buyers want faster access to freight, with more clarity around rates. He’s seen how the whole agricultural transport industry could benefit from a digital platform for managing business. That’s what he came to Indigo to build: a logistics network for the future. Hear what his team is working on, and how it connects to the Grain Marketplace.   Like what you hear? Remember to subscribe, leave a five-star rating, and share GrainWaves with your friends and family.

Welcome Aline Pezente, new co-host of GrainWaves, who talks with Rodney on how the business of grain merchandising is not a zero-sum game between growers and buyers. Both sides stand to be more profitable with an efficient, digital, and data-driven system. Like what you hear? Remember to subscribe, leave a five-star rating, and share GrainWaves with your friends and family.

Whether or not a price is ever “good” depends on two factors, says Jake Mower, a data scientist working on the technology behind Indigo Marketplace: whether the outcome was good, and whether the decision-making process to get to that outcome was good. Frequently, those aspects are aligned, but it’s not always the case. How can you start thinking more specifically — about what’s a good price for you?Like what you hear? Remember to subscribe, leave a five-star rating, and share GrainWaves with your friends and family.

From digital trading systems to artificial intelligence, AgYield has built a portfolio of powerful technology tools that simplify the grain marketing process for farmers. Their vision, when founding the company over a decade ago, was ahead of the industry. Now, they are on the cusp of agriculture’s digital evolution, offering a series of fully customizable farm revenue management programs, like managed pricing.“If you are going to enroll bushels in a managed pricing program,” says AgYield founding member Justin Kelly, “you should learn a lot about how those strategies are set.” So dive in to AgYield’s approach, when they were founded, why they believe in always having a Plan B, what it means to support education for the next generation of farmers, and understand the power of working with Justin and his team.Like what you hear? Remember to subscribe, leave a five-star rating, and share GrainWaves with your friends and family.

Grain marketing specialist Thad England joins Rodney to talk end-of-year markets, and what growers should have in their plans heading into 2021. Plus: why do former seed salespeople make the best grain originators? Like what you hear? Remember to subscribe, leave a five-star rating, and share GrainWaves with your friends and family.

As the South American export market has grown in importance over the last twenty years, so too has the region’s impact on futures prices. What details should you pay attention to as we head into 2021? Like what you hear? Remember to subscribe, leave a five-star rating, and share GrainWaves with your friends and family.

Rodney walks through why the end-of-March planting intentions report from the USDA is the most important crop report of the year for domestic farmers. Like what you hear? Remember to subscribe, leave a five-star rating, and share GrainWaves with your friends and family.

Will the use of blockchain and distributed ledgers fundamentally change how grain is traded? The short answer is no – but the the transparency these systems bring will be essential for food traceability. Like what you hear? Remember to subscribe, leave a five-star rating, and share GrainWaves with your friends and family.

Find the three ways to "unwind" or settle a corn futures contract when the time comes. Like what you hear? Remember to subscribe, leave a five-star rating, and share GrainWaves with your friends and family.

In the second part of our interview with farmer turned grain marketing advisor Dennis DeLaughter, we dig into the components of his "technical" system: how it rapidly identifies elevated risk, keeps farmers within the top 25% of the market price, and handles unexpected situations like derecho and COVID-19. Plus: Dennis discusses what strategies he has turned to more and more over the years, as well as the ones he has kept away from. Like what you hear? Remember to subscribe, leave a five-star rating, and share GrainWaves with your friends and family.

Rodney and Gabe walk through the challenges, and possible solutions for both growers and buyers when executing a cash spot grain contract.Like what you hear? Remember to subscribe, leave a five-star rating, and share GrainWaves with your friends and family.

As 2020 harvest gets into full swing, Gabe and Rodney take a look at the market, and why $4 corn may not be as far away as it previously felt.Like what you hear? Remember to subscribe, leave a five-star rating, and share GrainWaves with your friends and family.

After farming for forty years in Texas, Dennis DeLaughter sold his stake in the operation to focus solely on grain marketing. He had -- since 1981 -- been intrigued by the math behind market movements, and wanted to work harder on their unpredictability. Now, Dennis has built a grain marketing service for rice farmers, offered through Indigo's managed pricing program, that "talks the risk" in the futures and cash markets every day with sound technical analysis. Tune in for more on the strategic blueprint behind Dennis' plan, his time spent on one of the world's oldest stock exchanges, and why he thinks COVID-19 had such an impact on commodity prices. Plus: Why Gabe sees history as a "data point and not a constraint," and advocates for not harping on past market events. Like what you hear? Remember to subscribe, leave a five-star rating, and share GrainWaves with your friends and family.

The earliest freeze of the past decade crept across North Dakota, South Dakota, Nebraska, and Minnesota early this month. If you're staring down frost-bitten corn that hadn't reached black layer, follow these grain marketing tips to still turn a lower-quality crop into cash. Like what you hear? Remember to subscribe, leave a five-star rating, and share GrainWaves with your friends and family. If you feel like stress has been negatively effecting your life and decisions please reach out to one of the resources below:National Suicide Prevention Lifeline: 1-800-273-TALK (8255)Illinois Warm Line: 1-866-359-7953Indiana Suicide Prevention Text Line: Send IN to 741741 Iowa Concern Hotline: 1-800-4471985Kansas Regional Concern Hotline: 1-800-447-1985Arkansas Mental Health Support Hotline: 1-844-763-0198Alabama Crisis Support Hotline: 1-205-323-7777 Michigan Association for Suicide Prevention: 1-734-624-8328 University of Missouri Cooperative Extension: 1-800-995-8503 Minnesota Farm and Rural Helpline: 833-600-2670South Dakota Farmers Union Stress Hotline: 1-800-691-4336Mental Health America of North Dakota: (701) 255-3692Nebraska Rural Response Hotline: 800-464-0258Ohio Crisis Text Line: Send 4HOPE to 741741Wisconsin Farm Center Hotline: 800-942-2474

 Gabe and Rodney cover how a diversity of perspectives enable innovation, within and outside of agriculture. Like what you hear? Remember to subscribe, leave a five-star rating, and share GrainWaves with your friends and family. If you feel like stress has been negatively effecting your life and decisions please reach out to one of the resources below:National Suicide Prevention Lifeline: 1-800-273-TALK (8255)Illinois Warm Line: 1-866-359-7953Indiana Suicide Prevention Text Line: Send IN to 741741 Iowa Concern Hotline: 1-800-4471985Kansas Regional Concern Hotline: 1-800-447-1985Arkansas Mental Health Support Hotline: 1-844-763-0198Alabama Crisis Support Hotline: 1-205-323-7777 Michigan Association for Suicide Prevention: 1-734-624-8328 University of Missouri Cooperative Extension: 1-800-995-8503 Minnesota Farm and Rural Helpline: 833-600-2670South Dakota Farmers Union Stress Hotline: 1-800-691-4336Mental Health America of North Dakota: (701) 255-3692Nebraska Rural Response Hotline: 800-464-0258Ohio Crisis Text Line: Send 4HOPE to 741741Wisconsin Farm Center Hotline: 800-942-2474

Taking a break from the discussion around corn and beans, Gabe and Rodney head south to dive in to the most "political" of crops: rice. Hear from guest Sean Belmont, head of grain marketing at Indigo, for how rice farmers can work with Indigo to get past the liquidity and transparency challenges in what's primarily a cash market. Like what you hear? Remember to subscribe, leave a five-star rating, and share GrainWaves with your friends and family. If you feel like stress has been negatively effecting your life and decisions please reach out to one of the resources below:National Suicide Prevention Lifeline: 1-800-273-TALK (8255)Illinois Warm Line: 1-866-359-7953Indiana Suicide Prevention Text Line: Send IN to 741741 Iowa Concern Hotline: 1-800-4471985Kansas Regional Concern Hotline: 1-800-447-1985Arkansas Mental Health Support Hotline: 1-844-763-0198Alabama Crisis Support Hotline: 1-205-323-7777 Michigan Association for Suicide Prevention: 1-734-624-8328 University of Missouri Cooperative Extension: 1-800-995-8503 Minnesota Farm and Rural Helpline: 833-600-2670South Dakota Farmers Union Stress Hotline: 1-800-691-4336Mental Health America of North Dakota: (701) 255-3692Nebraska Rural Response Hotline: 800-464-0258Ohio Crisis Text Line: Send 4HOPE to 741741Wisconsin Farm Center Hotline: 800-942-2474

Farming soybeans in Missouri? Gabe and Rodney have market insights to help know if you should sell into the current rally. Like what you hear? Remember to subscribe, leave a five-star rating, and share GrainWaves with your friends and family. If you feel like stress has been negatively effecting your life and decisions please reach out to one of the resources below:National Suicide Prevention Lifeline: 1-800-273-TALK (8255)Illinois Warm Line: 1-866-359-7953Indiana Suicide Prevention Text Line: Send IN to 741741 Iowa Concern Hotline: 1-800-4471985Kansas Regional Concern Hotline: 1-800-447-1985Arkansas Mental Health Support Hotline: 1-844-763-0198Alabama Crisis Support Hotline: 1-205-323-7777 Michigan Association for Suicide Prevention: 1-734-624-8328 University of Missouri Cooperative Extension: 1-800-995-8503 Minnesota Farm and Rural Helpline: 833-600-2670South Dakota Farmers Union Stress Hotline: 1-800-691-4336Mental Health America of North Dakota: (701) 255-3692Nebraska Rural Response Hotline: 800-464-0258Ohio Crisis Text Line: Send 4HOPE to 741741Wisconsin Farm Center Hotline: 800-942-2474

Living in – or near – Dayton, Ohio, with a record harvest coming your way? There's an opportunity to make 30 cents more on each of those bushels. Take advantage of the spread with these next steps. Like what you hear? Remember to subscribe, leave a five-star rating, and share GrainWaves with your friends and family. If you feel like stress has been negatively effecting your life and decisions please reach out to one of the resources below:National Suicide Prevention Lifeline: 1-800-273-TALK (8255)Illinois Warm Line: 1-866-359-7953Indiana Suicide Prevention Text Line: Send IN to 741741 Iowa Concern Hotline: 1-800-4471985Kansas Regional Concern Hotline: 1-800-447-1985Arkansas Mental Health Support Hotline: 1-844-763-0198Alabama Crisis Support Hotline: 1-205-323-7777 Michigan Association for Suicide Prevention: 1-734-624-8328 University of Missouri Cooperative Extension: 1-800-995-8503 Minnesota Farm and Rural Helpline: 833-600-2670South Dakota Farmers Union Stress Hotline: 1-800-691-4336Mental Health America of North Dakota: (701) 255-3692Nebraska Rural Response Hotline: 800-464-0258Ohio Crisis Text Line: Send 4HOPE to 741741Wisconsin Farm Center Hotline: 800-942-2474

Rising corn futures. Hurricane Laura. Networking at trade shows. At this year's Farm Journal Field Days, Gabe and Rodney take farmer questions. Like what you hear? Remember to subscribe, leave a five-star rating, and share GrainWaves with your friends and family. If you feel like stress has been negatively effecting your life and decisions please reach out to one of the resources below:National Suicide Prevention Lifeline: 1-800-273-TALK (8255)Illinois Warm Line: 1-866-359-7953Indiana Suicide Prevention Text Line: Send IN to 741741 Iowa Concern Hotline: 1-800-4471985Kansas Regional Concern Hotline: 1-800-447-1985Arkansas Mental Health Support Hotline: 1-844-763-0198Alabama Crisis Support Hotline: 1-205-323-7777 Michigan Association for Suicide Prevention: 1-734-624-8328 University of Missouri Cooperative Extension: 1-800-995-8503 Minnesota Farm and Rural Helpline: 833-600-2670South Dakota Farmers Union Stress Hotline: 1-800-691-4336Mental Health America of North Dakota: (701) 255-3692Nebraska Rural Response Hotline: 800-464-0258Ohio Crisis Text Line: Send 4HOPE to 741741Wisconsin Farm Center Hotline: 800-942-2474

There are many ways to model options. But how can the farmer make use of these insights? Like what you hear? Remember to subscribe, leave a five-star rating, and share GrainWaves with your friends and family. If you feel like stress has been negatively effecting your life and decisions please reach out to one of the resources below:National Suicide Prevention Lifeline: 1-800-273-TALK (8255)Illinois Warm Line: 1-866-359-7953Indiana Suicide Prevention Text Line: Send IN to 741741 Iowa Concern Hotline: 1-800-4471985Kansas Regional Concern Hotline: 1-800-447-1985Arkansas Mental Health Support Hotline: 1-844-763-0198Alabama Crisis Support Hotline: 1-205-323-7777 Michigan Association for Suicide Prevention: 1-734-624-8328 University of Missouri Cooperative Extension: 1-800-995-8503 Minnesota Farm and Rural Helpline: 833-600-2670South Dakota Farmers Union Stress Hotline: 1-800-691-4336Mental Health America of North Dakota: (701) 255-3692Nebraska Rural Response Hotline: 800-464-0258Ohio Crisis Text Line: Send 4HOPE to 741741Wisconsin Farm Center Hotline: 800-942-2474

Rodney and Gabe talk through the USDA's "bearish" August WASDE report and new acreage planted estimates from FSA. Like what you hear? Remember to subscribe, leave a five-star rating, and share GrainWaves with your friends and family. If you feel like stress has been negatively effecting your life and decisions please reach out to one of the resources below:National Suicide Prevention Lifeline: 1-800-273-TALK (8255)Illinois Warm Line: 1-866-359-7953Indiana Suicide Prevention Text Line: Send IN to 741741 Iowa Concern Hotline: 1-800-4471985Kansas Regional Concern Hotline: 1-800-447-1985Arkansas Mental Health Support Hotline: 1-844-763-0198Alabama Crisis Support Hotline: 1-205-323-7777 Michigan Association for Suicide Prevention: 1-734-624-8328 University of Missouri Cooperative Extension: 1-800-995-8503 Minnesota Farm and Rural Helpline: 833-600-2670South Dakota Farmers Union Stress Hotline: 1-800-691-4336Mental Health America of North Dakota: (701) 255-3692Nebraska Rural Response Hotline: 800-464-0258Ohio Crisis Text Line: Send 4HOPE to 741741Wisconsin Farm Center Hotline: 800-942-2474

Rodney discusses the impact of the recent derecho on his family farm in Dwight, Illinois. Then, Gabe and Rodney shake their heads at a recent article claiming corn basis could go — wait for it —to $4. Like what you hear? Remember to subscribe, leave a five-star rating, and share GrainWaves with your friends and family. If you feel like stress has been negatively effecting your life and decisions please reach out to one of the resources below:National Suicide Prevention Lifeline: 1-800-273-TALK (8255)Illinois Warm Line: 1-866-359-7953Indiana Suicide Prevention Text Line: Send IN to 741741 Iowa Concern Hotline: 1-800-4471985Kansas Regional Concern Hotline: 1-800-447-1985Arkansas Mental Health Support Hotline: 1-844-763-0198Alabama Crisis Support Hotline: 1-205-323-7777 Michigan Association for Suicide Prevention: 1-734-624-8328 University of Missouri Cooperative Extension: 1-800-995-8503 Minnesota Farm and Rural Helpline: 833-600-2670South Dakota Farmers Union Stress Hotline: 1-800-691-4336Mental Health America of North Dakota: (701) 255-3692Nebraska Rural Response Hotline: 800-464-0258Ohio Crisis Text Line: Send 4HOPE to 741741Wisconsin Farm Center Hotline: 800-942-2474

The month is coming to a close. Corn basis isn't where it needs to be in Illinois. If you're farming in the area, what tools and approaches can help you make the most out of a grain marketing decision? Gabe and Rodney cover the numeric and psychological considerations to keep you profitable heading into the dog days of summer. Like what you hear? Remember to subscribe, leave a five-star rating, and share GrainWaves with your friends and family. If you feel like stress has been negatively effecting your life and decisions please reach out to one of the resources below:National Suicide Prevention Lifeline: 1-800-273-TALK (8255)Illinois Warm Line: 1-866-359-7953Indiana Suicide Prevention Text Line: Send IN to 741741 Iowa Concern Hotline: 1-800-4471985Kansas Regional Concern Hotline: 1-800-447-1985Arkansas Mental Health Support Hotline: 1-844-763-0198Alabama Crisis Support Hotline: 1-205-323-7777 Michigan Association for Suicide Prevention: 1-734-624-8328 University of Missouri Cooperative Extension: 1-800-995-8503 Minnesota Farm and Rural Helpline: 833-600-2670South Dakota Farmers Union Stress Hotline: 1-800-691-4336Mental Health America of North Dakota: (701) 255-3692Nebraska Rural Response Hotline: 800-464-0258Ohio Crisis Text Line: Send 4HOPE to 741741Wisconsin Farm Center Hotline: 800-942-2474

The benefits of incorporating your farm to mitigate risk – with a small digression from the guys about why a high debt-to-asset ratio may not be what it seems. Like what you hear? Remember to subscribe, leave a five-star rating, and share GrainWaves with your friends and family. If you feel like stress has been negatively effecting your life and decisions please reach out to one of the resources below:National Suicide Prevention Lifeline: 1-800-273-TALK (8255)Illinois Warm Line: 1-866-359-7953Indiana Suicide Prevention Text Line: Send IN to 741741 Iowa Concern Hotline: 1-800-4471985Kansas Regional Concern Hotline: 1-800-447-1985Arkansas Mental Health Support Hotline: 1-844-763-0198Alabama Crisis Support Hotline: 1-205-323-7777 Michigan Association for Suicide Prevention: 1-734-624-8328 University of Missouri Cooperative Extension: 1-800-995-8503 Minnesota Farm and Rural Helpline: 833-600-2670South Dakota Farmers Union Stress Hotline: 1-800-691-4336Mental Health America of North Dakota: (701) 255-3692Nebraska Rural Response Hotline: 800-464-0258Ohio Crisis Text Line: Send 4HOPE to 741741Wisconsin Farm Center Hotline: 800-942-2474

A recent 1.76 million ton purchase of U.S. corn by Chinese buyers marks the largest export in three decades. But what effect did it have on the market – and the staggering carryout? Like what you hear? Remember to subscribe, leave a five-star rating, and share GrainWaves with your friends and family. If you feel like stress has been negatively effecting your life and decisions please reach out to one of the resources below:National Suicide Prevention Lifeline: 1-800-273-TALK (8255)Illinois Warm Line: 1-866-359-7953Indiana Suicide Prevention Text Line: Send IN to 741741 Iowa Concern Hotline: 1-800-4471985Kansas Regional Concern Hotline: 1-800-447-1985Arkansas Mental Health Support Hotline: 1-844-763-0198Alabama Crisis Support Hotline: 1-205-323-7777 Michigan Association for Suicide Prevention: 1-734-624-8328 University of Missouri Cooperative Extension: 1-800-995-8503 Minnesota Farm and Rural Helpline: 833-600-2670South Dakota Farmers Union Stress Hotline: 1-800-691-4336Mental Health America of North Dakota: (701) 255-3692Nebraska Rural Response Hotline: 800-464-0258Ohio Crisis Text Line: Send 4HOPE to 741741Wisconsin Farm Center Hotline: 800-942-2474

Rodney and Gabe talk through the USDA's "sharply unchanged" July WASDE report. Like what you hear? Remember to subscribe, leave a five-star rating, and share GrainWaves with your friends and family. If you feel like stress has been negatively effecting your life and decisions please reach out to one of the resources below:National Suicide Prevention Lifeline: 1-800-273-TALK (8255)Illinois Warm Line: 1-866-359-7953Indiana Suicide Prevention Text Line: Send IN to 741741 Iowa Concern Hotline: 1-800-4471985Kansas Regional Concern Hotline: 1-800-447-1985Arkansas Mental Health Support Hotline: 1-844-763-0198Alabama Crisis Support Hotline: 1-205-323-7777 Michigan Association for Suicide Prevention: 1-734-624-8328 University of Missouri Cooperative Extension: 1-800-995-8503 Minnesota Farm and Rural Helpline: 833-600-2670South Dakota Farmers Union Stress Hotline: 1-800-691-4336Mental Health America of North Dakota: (701) 255-3692Nebraska Rural Response Hotline: 800-464-0258Ohio Crisis Text Line: Send 4HOPE to 741741Wisconsin Farm Center Hotline: 800-942-2474

The guys discuss how farmers should prepare for the upcoming Acreage Report from the USDA, set to release on noon of June 30. Like what you hear? Remember to subscribe, leave a five-star rating, and share GrainWaves with your friends and family. If you feel like stress has been negatively effecting your life and decisions please reach out to one of the resources below:National Suicide Prevention Lifeline: 1-800-273-TALK (8255)Illinois Warm Line: 1-866-359-7953Indiana Suicide Prevention Text Line: Send IN to 741741 Iowa Concern Hotline: 1-800-4471985Kansas Regional Concern Hotline: 1-800-447-1985Arkansas Mental Health Support Hotline: 1-844-763-0198Alabama Crisis Support Hotline: 1-205-323-7777 Michigan Association for Suicide Prevention: 1-734-624-8328 University of Missouri Cooperative Extension: 1-800-995-8503 Minnesota Farm and Rural Helpline: 833-600-2670South Dakota Farmers Union Stress Hotline: 1-800-691-4336Mental Health America of North Dakota: (701) 255-3692Nebraska Rural Response Hotline: 800-464-0258Ohio Crisis Text Line: Send 4HOPE to 741741Wisconsin Farm Center Hotline: 800-942-2474

A farmer calls Rodney to talk through a complicated question: If I'm long corn the rest of my life, how should I be marketing it? Like what you hear? Remember to subscribe, leave a five-star rating, and share GrainWaves with your friends and family. If you feel like stress has been negatively effecting your life and decisions please reach out to one of the resources below:National Suicide Prevention Lifeline: 1-800-273-TALK (8255)Illinois Warm Line: 1-866-359-7953Indiana Suicide Prevention Text Line: Send IN to 741741 Iowa Concern Hotline: 1-800-4471985Kansas Regional Concern Hotline: 1-800-447-1985Arkansas Mental Health Support Hotline: 1-844-763-0198Alabama Crisis Support Hotline: 1-205-323-7777 Michigan Association for Suicide Prevention: 1-734-624-8328 University of Missouri Cooperative Extension: 1-800-995-8503 Minnesota Farm and Rural Helpline: 833-600-2670South Dakota Farmers Union Stress Hotline: 1-800-691-4336Mental Health America of North Dakota: (701) 255-3692Nebraska Rural Response Hotline: 800-464-0258Ohio Crisis Text Line: Send 4HOPE to 741741Wisconsin Farm Center Hotline: 800-942-2474

The first live recording of the GrainWaves podcast, where the guys discuss the components of a modern grain marketing plan – and how you can successfully assemble them. Like what you hear? Remember to subscribe, leave a five-star rating, and share GrainWaves with your friends and family. If you feel like stress has been negatively effecting your life and decisions please reach out to one of the resources below:National Suicide Prevention Lifeline: 1-800-273-TALK (8255)Illinois Warm Line: 1-866-359-7953Indiana Suicide Prevention Text Line: Send IN to 741741 Iowa Concern Hotline: 1-800-4471985Kansas Regional Concern Hotline: 1-800-447-1985Arkansas Mental Health Support Hotline: 1-844-763-0198Alabama Crisis Support Hotline: 1-205-323-7777 Michigan Association for Suicide Prevention: 1-734-624-8328 University of Missouri Cooperative Extension: 1-800-995-8503 Minnesota Farm and Rural Helpline: 833-600-2670South Dakota Farmers Union Stress Hotline: 1-800-691-4336Mental Health America of North Dakota: (701) 255-3692Nebraska Rural Response Hotline: 800-464-0258Ohio Crisis Text Line: Send 4HOPE to 741741Wisconsin Farm Center Hotline: 800-942-2474

There's always reasons to break from a profitable path – like trying to meet cash flow needs, betting on the come, or becoming overwhelmed with the complexity of transactions. But there are simple, straightforward solutions, like a disciplined marketing plan, to bring consistent value to your operation. Plus: Rodney explains why machine learning and AI scientists are some of his favorite people to work with when figuring out an average basis price. Like what you hear? Remember to subscribe, leave a five-star rating, and share GrainWaves with your friends and family. If you feel like stress has been negatively effecting your life and decisions please reach out to one of the resources below:National Suicide Prevention Lifeline: 1-800-273-TALK (8255)Illinois Warm Line: 1-866-359-7953Indiana Suicide Prevention Text Line: Send IN to 741741 Iowa Concern Hotline: 1-800-4471985Kansas Regional Concern Hotline: 1-800-447-1985Arkansas Mental Health Support Hotline: 1-844-763-0198Alabama Crisis Support Hotline: 1-205-323-7777 Michigan Association for Suicide Prevention: 1-734-624-8328 University of Missouri Cooperative Extension: 1-800-995-8503 Minnesota Farm and Rural Helpline: 833-600-2670South Dakota Farmers Union Stress Hotline: 1-800-691-4336Mental Health America of North Dakota: (701) 255-3692Nebraska Rural Response Hotline: 800-464-0258Ohio Crisis Text Line: Send 4HOPE to 741741Wisconsin Farm Center Hotline: 800-942-2474

Don't try to out-guess the global market; focus on operating within them, since you've got enough to focus on. Gabe and Rodney cover the importance of the South American crop to a U.S. farmer, the wisdom of crowds, and seeing farmers as scientists. Plus: how the all of the current market information shapes what you see in the futures price. Like what you hear? Remember to subscribe, leave a five-star rating, and share GrainWaves with your friends and family. If you feel like stress has been negatively effecting your life and decisions please reach out to one of the resources below:National Suicide Prevention Lifeline: 1-800-273-TALK (8255)Illinois Warm Line: 1-866-359-7953Indiana Suicide Prevention Text Line: Send IN to 741741 Iowa Concern Hotline: 1-800-4471985Kansas Regional Concern Hotline: 1-800-447-1985Arkansas Mental Health Support Hotline: 1-844-763-0198Alabama Crisis Support Hotline: 1-205-323-7777 Michigan Association for Suicide Prevention: 1-734-624-8328 University of Missouri Cooperative Extension: 1-800-995-8503 Minnesota Farm and Rural Helpline: 833-600-2670South Dakota Farmers Union Stress Hotline: 1-800-691-4336Mental Health America of North Dakota: (701) 255-3692Nebraska Rural Response Hotline: 800-464-0258Ohio Crisis Text Line: Send 4HOPE to 741741Wisconsin Farm Center Hotline: 800-942-2474

The guys answer the first listener question to come in through grainwaves@indigoag.com: Are seed shortages possible if farmers switch from corn to soybeans en masse? And will the commodity markets be impacted if the USDA does not do its June survey? Like what you hear? Remember to subscribe, leave a five-star rating, and share GrainWaves with your friends and family. If you feel like stress has been negatively effecting your life and decisions please reach out to one of the resources below:National Suicide Prevention Lifeline: 1-800-273-TALK (8255)Illinois Warm Line: 1-866-359-7953Indiana Suicide Prevention Text Line: Send IN to 741741 Iowa Concern Hotline: 1-800-4471985Kansas Regional Concern Hotline: 1-800-447-1985Arkansas Mental Health Support Hotline: 1-844-763-0198Alabama Crisis Support Hotline: 1-205-323-7777 Michigan Association for Suicide Prevention: 1-734-624-8328 University of Missouri Cooperative Extension: 1-800-995-8503 Minnesota Farm and Rural Helpline: 833-600-2670South Dakota Farmers Union Stress Hotline: 1-800-691-4336Mental Health America of North Dakota: (701) 255-3692Nebraska Rural Response Hotline: 800-464-0258Ohio Crisis Text Line: Send 4HOPE to 741741Wisconsin Farm Center Hotline: 800-942-2474

Puts are one of Rodney’s favorite selling strategies – why? Because the farmer’s covered if the price goes up or if the price goes down. But there’s a reason most farmers the guys work with don’t like using puts, which has a lot to do with skew. Rodney and Gabe dig into the psychology behind selling with a cash contract rather than trading options, what bad originating looks like, and the benefits for using a floor product. Like what you hear? Remember to subscribe, leave a five-star rating, and share GrainWaves with your friends and family. If you feel like stress has been negatively effecting your life and decisions please reach out to one of the resources below:National Suicide Prevention Lifeline: 1-800-273-TALK (8255)Illinois Warm Line: 1-866-359-7953Indiana Suicide Prevention Text Line: Send IN to 741741 Iowa Concern Hotline: 1-800-4471985Kansas Regional Concern Hotline: 1-800-447-1985Arkansas Mental Health Support Hotline: 1-844-763-0198Alabama Crisis Support Hotline: 1-205-323-7777 Michigan Association for Suicide Prevention: 1-734-624-8328 University of Missouri Cooperative Extension: 1-800-995-8503 Minnesota Farm and Rural Helpline: 833-600-2670South Dakota Farmers Union Stress Hotline: 1-800-691-4336Mental Health America of North Dakota: (701) 255-3692Nebraska Rural Response Hotline: 800-464-0258Ohio Crisis Text Line: Send 4HOPE to 741741Wisconsin Farm Center Hotline: 800-942-2474

There’s always a name attached to it: the guy or girl who found themselves more of a speculator than a hedger, and eventually taking a big inverse as a result. Gabe and Rodney connect this approach to the recent dip in crude oil prices, when the price could be expected to return above zero, and the different resources needed to store different commodities.Like what you hear? Remember to subscribe, leave a five-star rating, and share GrainWaves with your friends and family. If you feel like stress has been negatively effecting your life and decisions please reach out to one of the resources below:National Suicide Prevention Lifeline: 1-800-273-TALK (8255)Illinois Warm Line: 1-866-359-7953Indiana Suicide Prevention Text Line: Send IN to 741741 Iowa Concern Hotline: 1-800-4471985Kansas Regional Concern Hotline: 1-800-447-1985Arkansas Mental Health Support Hotline: 1-844-763-0198Alabama Crisis Support Hotline: 1-205-323-7777 Michigan Association for Suicide Prevention: 1-734-624-8328 University of Missouri Cooperative Extension: 1-800-995-8503 Minnesota Farm and Rural Helpline: 833-600-2670South Dakota Farmers Union Stress Hotline: 1-800-691-4336Mental Health America of North Dakota: (701) 255-3692Nebraska Rural Response Hotline: 800-464-0258Ohio Crisis Text Line: Send 4HOPE to 741741Wisconsin Farm Center Hotline: 800-942-2474

This week, for the first time ever, crude prices went negative – surprising everyone in the markets and at the trading desks. Gabe and Rodney weigh out if corn prices could also dip below zero, how COVID-19 is only part of the story, and the differences between a long and a short squeeze.Like what you hear? Remember to subscribe, leave a five-star rating, and share GrainWaves with your friends and family. If you feel like stress has been negatively effecting your life and decisions please reach out to one of the resources below:National Suicide Prevention Lifeline: 1-800-273-TALK (8255)Illinois Warm Line: 1-866-359-7953Indiana Suicide Prevention Text Line: Send IN to 741741 Iowa Concern Hotline: 1-800-4471985Kansas Regional Concern Hotline: 1-800-447-1985Arkansas Mental Health Support Hotline: 1-844-763-0198Alabama Crisis Support Hotline: 1-205-323-7777 Michigan Association for Suicide Prevention: 1-734-624-8328 University of Missouri Cooperative Extension: 1-800-995-8503 Minnesota Farm and Rural Helpline: 833-600-2670South Dakota Farmers Union Stress Hotline: 1-800-691-4336Mental Health America of North Dakota: (701) 255-3692Nebraska Rural Response Hotline: 800-464-0258Ohio Crisis Text Line: Send 4HOPE to 741741Wisconsin Farm Center Hotline: 800-942-2474

Three decades of impressive work has made Sheldon Natenberg’s book Option Volatility & Pricing a hefty read, even for those more experienced in options trading. Rodney and Gabe take the time to break down learnings and the pricing tools that could make a difference on your farm.Like what you hear? Remember to subscribe, leave a five-star rating, and share GrainWaves with your friends and family. If you feel like stress has been negatively effecting your life and decisions please reach out to one of the resources below:National Suicide Prevention Lifeline: 1-800-273-TALK (8255)Illinois Warm Line: 1-866-359-7953Indiana Suicide Prevention Text Line: Send IN to 741741 Iowa Concern Hotline: 1-800-4471985Kansas Regional Concern Hotline: 1-800-447-1985Arkansas Mental Health Support Hotline: 1-844-763-0198Alabama Crisis Support Hotline: 1-205-323-7777 Michigan Association for Suicide Prevention: 1-734-624-8328 University of Missouri Cooperative Extension: 1-800-995-8503 Minnesota Farm and Rural Helpline: 833-600-2670South Dakota Farmers Union Stress Hotline: 1-800-691-4336Mental Health America of North Dakota: (701) 255-3692Nebraska Rural Response Hotline: 800-464-0258Ohio Crisis Text Line: Send 4HOPE to 741741Wisconsin Farm Center Hotline: 800-942-2474

The coronavirus pandemic has closed several ethanol plants across the United States as margins slip. Not only do you lose a place to sell your grain, but also the relationships you have spent years or even decades building up. Rodney and Gabe assess the current landscape of shuttering buyers, keeping the big picture of corn supply in mind.Like what you hear? Remember to subscribe, leave a five-star rating, and share GrainWaves with your friends and family. If you feel like stress has been negatively effecting your life and decisions please reach out to one of the resources below:National Suicide Prevention Lifeline: 1-800-273-TALK (8255)Illinois Warm Line: 1-866-359-7953Indiana Suicide Prevention Text Line: Send IN to 741741 Iowa Concern Hotline: 1-800-4471985Kansas Regional Concern Hotline: 1-800-447-1985Arkansas Mental Health Support Hotline: 1-844-763-0198Alabama Crisis Support Hotline: 1-205-323-7777 Michigan Association for Suicide Prevention: 1-734-624-8328 University of Missouri Cooperative Extension: 1-800-995-8503 Minnesota Farm and Rural Helpline: 833-600-2670South Dakota Farmers Union Stress Hotline: 1-800-691-4336Mental Health America of North Dakota: (701) 255-3692Nebraska Rural Response Hotline: 800-464-0258Ohio Crisis Text Line: Send 4HOPE to 741741Wisconsin Farm Center Hotline: 800-942-2474

Deciding to grow corn, beans, wheat, or any other crop means you’re not just taking a position for one season – but for the rest of your time as a farmer. Rodney and Gabe explore how keeping this in mind ultimately lowers your risk and keeps you in the right headspace to make pricing decisions.Like what you hear? Remember to subscribe, leave a five-star rating, and share GrainWaves with your friends and family. If you feel like stress has been negatively effecting your life and decisions please reach out to one of the resources below:National Suicide Prevention Lifeline: 1-800-273-TALK (8255)Illinois Warm Line: 1-866-359-7953Indiana Suicide Prevention Text Line: Send IN to 741741 Iowa Concern Hotline: 1-800-4471985Kansas Regional Concern Hotline: 1-800-447-1985Arkansas Mental Health Support Hotline: 1-844-763-0198Alabama Crisis Support Hotline: 1-205-323-7777 Michigan Association for Suicide Prevention: 1-734-624-8328 University of Missouri Cooperative Extension: 1-800-995-8503 Minnesota Farm and Rural Helpline: 833-600-2670South Dakota Farmers Union Stress Hotline: 1-800-691-4336Mental Health America of North Dakota: (701) 255-3692Nebraska Rural Response Hotline: 800-464-0258Ohio Crisis Text Line: Send 4HOPE to 741741Wisconsin Farm Center Hotline: 800-942-2474

Another week into the coronavirus pandemic, Rodney and Gabe talk all things basis and futures: how and why to set the contracts, whether or not you should roll in a tough spot, and how to interpret market swings. The two discuss how staying out of your own way is crucial after deciding to sell your grain. That means knowing a lot of small details, like the similarity between “five over March and five under May.” And it all starts with reference to a Mary Pickford quote. Like what you hear? Remember to subscribe, leave a five-star rating, and share GrainWaves with your friends and family. If you feel like stress has been negatively effecting your life and decisions please reach out to one of the resources below:National Suicide Prevention Lifeline: 1-800-273-TALK (8255)Illinois Warm Line: 1-866-359-7953Indiana Suicide Prevention Text Line: Send IN to 741741 Iowa Concern Hotline: 1-800-4471985Kansas Regional Concern Hotline: 1-800-447-1985Arkansas Mental Health Support Hotline: 1-844-763-0198Alabama Crisis Support Hotline: 1-205-323-7777 Michigan Association for Suicide Prevention: 1-734-624-8328 University of Missouri Cooperative Extension: 1-800-995-8503 Minnesota Farm and Rural Helpline: 833-600-2670South Dakota Farmers Union Stress Hotline: 1-800-691-4336Mental Health America of North Dakota: (701) 255-3692Nebraska Rural Response Hotline: 800-464-0258Ohio Crisis Text Line: Send 4HOPE to 741741Wisconsin Farm Center Hotline: 800-942-2474

Another week into the coronavirus pandemic, Rodney and Gabe look closely at the market’s volatility, squaring it up to past major movements with Hurricane Katrina and the 2012 drought. The two talk about whether they’re seeing more farmers hold or sell their crops, why it’s important to set a plan before moments of panic, and how correct grain marketing strategies are more like an inside-the-park homerun than knocking it into the bleachers.Like what you hear? Remember to subscribe, leave a five-star rating, and share GrainWaves with your friends and family. If you feel like stress has been negatively effecting your life and decisions please reach out to one of the resources below:National Suicide Prevention Lifeline: 1-800-273-TALK (8255)Illinois Warm Line: 1-866-359-7953Indiana Suicide Prevention Text Line: Send IN to 741741 Iowa Concern Hotline: 1-800-4471985Kansas Regional Concern Hotline: 1-800-447-1985Arkansas Mental Health Support Hotline: 1-844-763-0198Alabama Crisis Support Hotline: 1-205-323-7777 Michigan Association for Suicide Prevention: 1-734-624-8328 University of Missouri Cooperative Extension: 1-800-995-8503 Minnesota Farm and Rural Helpline: 833-600-2670South Dakota Farmers Union Stress Hotline: 1-800-691-4336Mental Health America of North Dakota: (701) 255-3692Nebraska Rural Response Hotline: 800-464-0258Ohio Crisis Text Line: Send 4HOPE to 741741Wisconsin Farm Center Hotline: 800-942-2474