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We continue to see tariffs and trade as a large driver of the market conversation as we get into the month of May, along with weather and yield projections for the U.S. growing season and broader concern about the economy and potential of stagflation. David Widmar is with Agricultural Economic Insights and he joins us for a conversation about the broader ag economy and the markets. Find more at https://www.aei.ag. Also, we take a look at grain market trends to begin the month along with continued support in cattle futures and more. Tyler Schau with AgMarket.net joins us for market analysis on today's program. Find more at https://www.agmarket.net. ***Conversation with Tyler Schau recorded ahead of the closing bell on Tuesday, May 6th, 2025.***
David Widmar believes there's some element of truth to that, but farmers can change that narrative by taking more of an investment-grade approach.
This quarter of the Future of Agriculture podcast is made possible by Case IH: https://www.caseih.com/en-us/unitedstatesAgricultural Economic Insights: https://aei.ag/Today's episode features David Widmar of Agricultural Economic Insights. David first appeared on the show a year ago on episode 399, which ended up being one of my most listened-to episodes of the year. Today, we discuss the current state of the ag economy, the margin squeeze that farmers are facing and where that places us on the economic cycle that commodities tend to follow. We also talk about some key ideas and mental models that David has written about for how to manage risk during this challenging time for the industry. As background, David Widmar is an agricultural economist specializing in ag trends and the farm economy. Through his research, he supports agribusinesses and farmers in their strategic and planning efforts. David's current work can be found at Agricultural Economic Insights, aei.ag, which he co-founded with Dr. Brent Gloy in 2014. Prior to Agricultural Economic Insights, Mr. Widmar was a researcher with the Department of Agricultural Economics at Purdue University, and served as the economist for the Kansas Department of Agriculture. Brought to you by Case IH: Case IH designs,engineers and produces cutting-edge farm equipment based on a comprehensive understanding of farmers' needs, wants and challenges, integrating these insights into their development and manufacturing.For example, take their Model Year 25 Magnum tractor. The new Magnum is purposefully designed to answer farmers' needs in every design and engineering choice. Improved horsepower for pulling heavier loads, faster. Bundled, integrated and ready-to-go precision tech for greater accuracy in the field. And a transmission farmers can tweak for improved control and performance in different tasks. That kind of design thinking is exactly where the future of ag is headed, and that's why you'll be hearing me talk to the folks at Case IH at different points throughout this quarter about what they do and how they're working to push the ag forward.
As we continue our look back at the year of 2024 in the markets, we hear about the latest elevator price report from CoBank's Knowledge Exchange and get thoughts on the grains and oilseeds with Tanner Ehmke. Then, we get some thoughts on interest rates and the overall ag economy with David Widmar from Agricultural Economic Insights. We wrap the show with a preview of the Top Farmer Conference at Purdue University with Dr. Jim Mintert.
Featured Podcast Episodes: David Friedberg on Joining Ohalo Genetics as CEO, Gene Editing Technology, and AgTech Trends by The Modern AcreHow Syngenta is Thinking About AI with Feroz Sheikh by Agtech - So What?The Agriculture Economy: How Bad Is It and Where Is It Going? by The Business of AgricultureCoaching Farmers for Profit: Athletes Have Coaches Why Shouldn't You? by Farm4ProfitNavigating the De-Commoditization of Ag with Daniel Oh of AgCertain by The Pacesetter PodA New Direction in Florida Citrus with Benny McLean by Regenerative Agriculture PodcastEmerging Trends in Sustainable Packaging with Max Teplitski and Andrew Stephens by Fresh Takes on TechLinks to other resources mentioned: FoA 395: Where is Agriculture Headed? Insights From Six Different Ag Podcasts'Biological' Is Not A Category (it's the future of agriculture)The Changing Farm Economy with David Widmar of Agricultural Economic InsightsAsk The Ag Economist With Trey Malone, Ph.D.Farm Business Strategy with Kristjan HebertImplementing a Farm Operating System with Kristjan HebertThe Farm Entrepreneur Mindset with Evan Shout of Maverick AgUnderstanding Status Quo Risk in Ag with Jim Schweigert of Gro AllianceChallenging Assumptions About Regenerative Agriculture With John Kempf
Brownfield's Brent Barnett visited with Agricultural Economic Insights co-founder and managing partner David Widmar at the 2024 National Association of Farm Broadcasting Convention in Kansas City, Missouri.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Tough day in wheat and soybeans on Friday as wheat started the nosedive party and soybeans followed. Corn held mostly firm while livestock had a solid end of the week as well. We discuss the market picture and get perspective today from Tommy Grisafi with Advance Trading and ATI Pro Media to wrap-up the week. More can be found online by visiting https://www.advance-trading.com.
On Friday's episode of Market Talk, we take a look at the commodity markets and overall ag economy more broadly as we gear up for Monday's latest USDA WASDE report and much more. David Widmar with Agricultural Economic Insights joins us to discuss some of his recent research and articles about the markets, economy and more. You can learn more online at https://www.aei.ag. We also sit down with Greg Roberts from Funding Your Way to learn more about their company, their funding model, the work they do with ag startups and much more. Learn more online at https://www.fundingyourway.biz.
The grain markets were sharply higher on Monday led by the wheat trade amid more weather concerns around the world. That strength spilled in corn and soybeans as well with more fund short covering on the day. We discuss taking advantage of the recent rallies, knowing your breakevens, inflation and much more with David Widmar from Agricultural Economic Insights. Learn more online at https://www.aei.ag. The active weather pattern appears to continue as we get into this week and that means planting windows may be hard to come by for many folks across the country. Meantime, we still have weather concerns in South America and Russia that we need to get an update on. Eric Snodgrass with Nutrien Ag Solutions joins us for our weekly conversation. More at https://www.ag-wx.com.
AEI's David Widmar says he doesn't think it's realistic to expect low interest rates any time soon, but we have seen cycles like this before.
On today's Market Talk, we sit down for a wide ranging conversation with economist David Widmar from Agricultural Economic Insights. David and Jesse Allen discuss the current market sentiment in grain and livestock trade, the economy/inflation, the focus on Chinese demand, crop insurance levels and more as we enter spring planting season. You can find more info and learn more at https://www.aei.ag.
David Widmar of Agricultural Economic Insights shares a four step frame work to think about farm risk.
Variable Rate done RIGHT with SWAT MAPS: https://swatmaps.com/Agricultural Economic Insights: https://aei.ag/AEI.ag Presents Podcast: https://aei.ag/podcast/David Widmar is an agricultural economist specializing in agricultural trends and the farm economy. Through his research, he supports agribusinesses and farmers in their strategic and planning efforts. David is the Managing Partner of Agricultural Economic Insights, AEI.ag, which he co-founded with Dr. Brent Gloy in 2014. Prior to AEI, David was a researcher with the Department of Agricultural Economics at Purdue University and served as the economist for the Kansas Department of Agriculture. I highly recommend you subscribe to AEI's content and go check out their podcast, AEI.ag Presents. I especially recommend their season on the 1980s farm crisis.In today's episode, David and I discuss farmland values, the impact of higher interest rates, how to think about risk, and how to manage volatility in things like markets and inflation.
Welcome to Episode 150 of The Spokesman Speaks podcast. In this episode, agricultural economist David Widmar shares four key economic trends for farmers to keep their eyes on, and he presents strategies to help farmers navigate economic uncertainty. Later in the episode, renowned Iowa livestock attorney Eldon McAfee shares changes in state regulations that may impact livestock farmers. Resources mentioned in this episode: Register for Iowa Farm Bureau's Take Root farm succession workshops Contact the Coalition to Support Iowa's Farmers for assistance with your livestock questions Apply for one of Iowa Farm Bureau's scholarships Register for Iowa Farm Bureau's Young Farmer Conference
Tuesday's First Hour: We have a packed show today! We start the show with David Geiger at the Nebraska Ag Expo! He is joined by Nick Becker from Nebraska and Iowa Ag Expo sponsor Sound Ag talking about the technology they are presenting to attendees. We are also broadcasting today from the Iowa Farm Bureau Federation Annual Meeting in Des Moines! Bob talks with Polk County Farm Bureau President Josh Remington about his involvement in Farm Bureau and FFA. David Widmar from Agricultural Economic Insights tells with Bob about the key trends he is seeing impact agriculture. IFB Farm Business Development Manager Amanda Van Steenwyk tells us about the upcoming Young Farmer Conference in Altoona.
On Monday's AOA, powered by Cenex Premium Diesel, we start the show talking about the start of the week in the commodity markets with Darin Newsom from Barchart. In Segment Two, we discuss the warm temperatures in the U.S., the potential of a big weekend system and an update on South America weather with DTN Meteorologist John Baranick. In Segment Three, we discuss net farm income, interest rates and more with David Widmar from Agricultural Economic Insights (AEI). Then we wrap the show with a look at ag news headlines to start the week in Segment Four.
Corn and wheat had a solid day to the upside with soybeans and cattle under pressure. We discuss the market action wrapping up November, risk management, OPEC, the economy and much more with Bryan Doherty from Total Farm Marketing. Learn more online at https://www.totalfarmmarketing.com. Plus, we have a conversation about farm incomes, interest rates and much more with David Widmar from Agricultural Economic Insights. Learn more at https://www.aei.ag. Today's program is brought to you in part by Growmark/FS; learn more online at https://www.fssystem.com.
On this episode, presented by Case IH Genuine Lubricants, we chat with Agricultural Economic Insights' David Widmar about the top issues in agriculture to watch as we wrap up 2023. In “The Dirt” with Nutrien, Senior Agronomist Mike Howell invites his sons into the studio to talk family, food and farmers. In our “Meat Monitor” segment, we hear how the USDA's Regional Agricultural Promotion Program will benefit U.S. red meat promotions abroad, and in “Bushels and Cents,” Ray Bohacz stresses the importance of regular fluid filter examinations. The episode also features a new holiday Western swing favorite from Clarksville Creative Sound artist Steve Markwardt, “Swingin' Santa Claus.” Timestamps Case IH Genuine Lubricants advertisement: 0:00 Intro and news: 0:29 Goatlifeclothing.com advertisement: 6:32 David Widmar, Agricultural Economic Insights: 6:51 Mike, Heath and Evan Howell, Nutrien: 18:00 Alexis Taylor, USDA: 31:52 Ray Bohacz, “Bushels and Cents”: 34:26 Steve Markwardt: 36:00
David Widmar, an economist with Agricultural Economic Insights, talks about some of the bigger stories of the year in agriculture.See omnystudio.com/listener for privacy information.
Today’s guest is David Widmar who is an economist and co-founder of Agricultural Economic Insights (www.AEI.ag). He talks about the threats of recession in agriculture, interest rates, China (post Phase … Read More
We wrap up the week with a broad market and ag economy discussion with David Widmar, Economist with Agricultural Economic Insights. We discuss the tone of the overall markets heading into the heart of harvest, the continued impacts of inflation/interest rates and much more on today's program. Find out more online at https://www.aei.ag. Also in Segment One, Jesse Allen kicks off the show with news headlines looking at Right to Repair and more. Then in Segment Two, we head back to the Farm Progress Show for a conversation with American Soybean Association Vice President Josh Gackle from North Dakota. Today's program is brought to you in part by Growmark/FS; learn more online at https://www.fssystem.com.
On today's AOA, Jesse Allen talks about the latest equipment sales numbers from June and the first half of 2023 with Curt Blades from the Association of Equipment Manufacturers in Segment One. In Segment Two, David Widmar from Agricultural Economic Insights joins the show to discuss trends in the ag economy, the markets and more. Then in Segment Three, we look at new research that shows declining production for canned and frozen varieties of sweet corn with study author Marty Williams from USDA-ARS and University of Illinois Urbana-Champaign. Then finally in Segment Four, Kristi Van Ahn-Kjeseth with Van Ahn & Company joins us to discuss the volatility in the grain markets this week.
We saw a quieter day in the markets on Thursday as we had a bit of consolidation in grains after a volatile week so far. Weather is going to be a major driver heading into the weekend. We discuss these markets and get great insight today from Bryan Doherty of Total Farm Marketing. Learn more online at https://www.totalfarmmarketing.com. Also, we hear a bit of a conversation between Jesse and David Widmar from Agricultural Economic Insights in Segment Two about the farm economy and markets as they talked Thursday morning on AOA. Today's program is brought to you in part by Growmark/FS; learn more online at https://www.growmark.com.
On today's program, we talk markets and the farm economy this month with David Widmar from Agricultural Economic Insights (AEI). We go through some of their latest research and take a look at the markets post May WASDE Report. Learn more at https://www.aei.ag. Plus, we are joined once again this month by Richard Fordyce, Business Growth Director of Agriculture at Osborn Barr Paramore (OBP) and former FSA Administrator. We discuss the latest issues in agriculture each month and on this episode; we talk spring planting, Farm Bill and Prop 12. We also sit down with Curt Blades from Association of Equipment Manufacturers to discuss the April Equipment Sales numbers. Today's program is brought to you in part by Growmark/FS; learn more online by visiting https://www.growmark.com.
Get the latest news of agriculture with American Ag Today! David Widmar, Economist with Agricultural Economic Insights, joins Jesse Allen to talk farm economy, markets and more.
On this episode, we head back to Commodity Classic 2023 to learn about upgrade options for used farm equipment from Precision Planting's Bryce Baker. We also hear about the latest from Fendt, including the 200 Vario tractor and a dry fertilizer option for Momentum planters. We also catch up with Agricultural Economic Insights co-founder David Widmar to discuss where the farm economy stands as we head into the second quarter of 2023. On this week's installment of “The Dirt with Nutrien,” Senior Agronomist Mike Howell and Nutrien's Lyle Cowell discuss canola fertility and production, and in our Meat Monitor segment, we learn about the total economic impact of red meat exports for corn and soy growers in 2022. Jesse Allen and Mike Zuzolo of Global Commodity Analytics discuss some of the factors bringing uncertainty to the commodities markets in this week's Market Talk segment, and Ray Bohacz is discussing multimeters in this week's installment of Bushels and Cents. The episode also features the music of singer/songwriter Sammy Sadler. Timestamps Fastline Marketing Group advertisement: 0:00 Intro and news: 0:30 Goatlifeclothing.com advertisement: 6:45 Bryce Baker, Precision Planting: 7:04 David Soliday, Fendt: 11:54 Arthur Santos, Fendt: 14:23 David Widmar, Agricultural Economic Insights: 18:55 Mike Howell, Nutrien: 24:49 Soil Test Pro advertisement: 30:31 Jesse Allen, Market Talk: 31:04 David Juday, World Perspectives Inc. (Meat Monitor): 37:41 Ray Bohacz, “Bushels and Cents”: 39:51 Sammy Sadler: 41:19
On this episode, Agricultural Economic Insights co-founder David Widmar discusses the top stories to watch in agriculture in 2023. We also talk with Craig Brekkas, North America Head for UPL, about the agricultural chemicals company's innovation, sustainability efforts and aggressive brand launch strategy in 2023. Nutrien Senior Agronomist Mike Howell and Virginia Tech Agronomist Dr. Hunter Frame continue their discussion on the importance of nitrogen to crops in our, “The Dirt” segment. We hear from National Bison Association Executive Director Jim Matheson discusses the push to open up opportunities for U.S. bison in Japan. Jesse Allen and Global Commodity Analytics' Mike Zuzulo discuss early-year fluctuations in the livestock markets in our Market Talk segment, and Ray Bohacz is talking catalytic convertors in “Bushels and Cents.” The episode also features music from country music legends Claude Gray and Bobby Mackey. Timestamps Soil Test Pro: 0:00 Intro and news: 0:32 Goatlifeclothing.com advertisement: 6:43 David Widmar: Agricultural Economic Insights: 7:01 Craig Brekkas: UPL: 19:51 Mike Howell, Nutrien and Dr. Hunter Frame, Virginia Tech: 26:29 Jim Matheson, National Bison Association: 32:18 Jesse Allen, Market Talk: 34:36 Ray Bohacz, “Bushels and Cents”: 40:19 Claude Gray and Bobby Mackey: 42:02
In the season finale, we head to Michigan for our last story as we think about the future of the farm financial system. Featured Guests: Brent King (B. Riley Advisory Service), Jeff Conrad (AgIS Capital LLC), Thomas Hoenig (Former President, Federal Reserve Bank of Kansas City), Nate Franzen (First Dakota National Bank)
We shift our focus from understanding the past and present to trying to predict and prepare for the future. Experts weigh in with actions that producers can take now as we enter uncharted financial waters… but will they?Featured Guests: Curt Covington (AgAmerica), Thomas Hoenig (Former President, Federal Reserve Bank of Kansas City), Jim Knuth (Farm Credit Services of America)
On the HAT Podcast, Eric Pfeiffer reports on how precision agriculture can increase yields and profitability, Andy Eubank has David Widmar on the changing dynamics in the farm economy that still leaves us with many challenges, HAT Chief Meteorologist Ryan Martin says the warmup is underway in the Indiana Farm Forecast, and C.J. Miller is joined by analyst Arlan Suderman for a review of higher corn and soybean markets Tuesday - all coming up on the #HATPodcast!
When the Federal Reserve adjusts interest rates, it can significantly affect asset values, including farmland. While attention in 2022 has focused on the Fed raising rates, the preceding decades-long policy of extremely low interest rates has also been consequential in the form of asset inflation - the cousin of price inflation.Featured Guests: Jim Farrell (Farrell Growth Group), Nate Franzen (First Dakota National Bank), Thomas Hoenig (Former President, Federal Reserve Bank of Kansas City), Jeff Conrad (AgIS Capital LLC)
How does a bank fail? What does “too big to fail” mean? Who audits the Fed? Dive into the connection between money supply and local loans.Featured Guests: Jim Farrell (Farrell Growth Group), Thomas M. Hoenig (Former President, Federal Reserve Bank of Kansas City)
Why is the U.S. government, and the Department of Agriculture in particular, involved in lending? Dive into how USDA's ag lending programs have shaped the ag economy and farming in general over the last hundred years, and learn what this can tell us about the overall health of the farm financial system.Featured guests: Jonathan Coppess (Associate Professor, University of Illinois), Heather Malcom (Bank of the Rockies), Mike Boehlje (Purdue University Department of Agricultural Economics).
Listen back to interviews from the 2022 National Association of Farm Broadcasting convention in Kansas City. Here, Jesse Allen talks with David Widmar of Agricultural Economic Insights.
Vendor financing is nothing new in agriculture. But it has come a long way since the days of Cyrus McCormick. Explore how non-bank credit works, how it has changed, and what risks and opportunities it might pose to the overall agriculture finance system as we move out of two decades of low interest rates.Featured guests: John Blanchfield (Agricultural Banking Advisory Services), Curt Covington (AgAmerica), Mike Boehlji (Purdue University Department of Agricultural Economics), Nate Franzen (First Dakota National Bank), Jim Farrell (Farrell Growth Group LLC)
How does Farmer Mac fit into the big picture of ag lending? Its story is still being written. Featured guests: Brad Nordholm (Farmer Mac), John Blanchfield (Agricultural Banking Advisory Services), Jeff Conrad (AgIS Capital LLC).
Get the latest news of agriculture with American Ag Today! Today, we talk markets and the ag economy with David Widmar of Agricultural Economic Insights. Learn more at www.aei.ag.
Get to know the story of Farm Credit: why it was founded, how it works, and how it has both failed and succeeded.How is the Farm Credit system different from banks? What really sets Farm Credit apart is not how it lends its money, but how it gets funds in the first place. Plus: the story behind the bail out.Featured guests: Jim Farrell (Farrell Growth Group), Jim Knuth (Farm Credit Services of America), Curt Covington (AgAmerica), Mike Boehlje (Purdue University Department of Agricultural Economics).
Credit can be a powerful tool. But it also comes with risks. One way to manage that risk is to understand who you're lending from and what their motivations and experiences are. How exactly does an agricultural lender work as a business? How do interest rates impact banking's business model? Go behind the scenes to crunch the numbers.Featured guests: Nate Franzen (First Dakota National Bank), Heather Malcolm (Bank of the Rockies).
Dig deep into the history of agricultural lending, back to the days of the gold standard, the Wizard of Oz as allegory, and one particularly memorable speech by William Jennings Bryan. When you think of a banker, what image comes to mind? Learn why your perceptions might not match reality, especially when it comes to ag lending.Featured guest: John Blanchfield (Agricultural Banking Advisory Services).
Conditions in the farm economy have changed rapidly since season one of the AEI.ag Presents podcast explored the 1980s farm crisis, and in sometimes contradictory ways. You may have heard that there is way less leverage and debt today than there was back then. Yet, farming has also gotten more capital intensive. Interest rates and inflation are also adding to growing uncertainty in 2022. So how much debt is there, really, in today's agriculture economy? And what might be in store for the farm sector as the U.S. economy barrels toward an uncertain future? Featured guest: Mike Boehlje (Purdue University Department of Agricultural Economics).
Get the latest news of agriculture with American Ag Today! We have a conversation today with David Widmar of Agricultural Economic Insights.
On this episode, Farm Progress Show Manager Matt Jungmann stops by to preview the show, which will be held Aug. 30-Sept. 1 in Boone, Iowa. AGCO Farm Show Manager Aaron Belanger talks about showcasing Massey Ferguson, Hesston and Fendt at the Farm Progress Show, and David Widmar discusses the newest podcast series from Agricultural Economic Insights, Ag Interrupted. In this week's “Meat Monitor” segment we learn about a conference held recently in Nebraska for Latin American meat processors, in our Market Talk segment, Jesse Allen discusses the fertilizer market with Stone X's Josh Linville, and in “Bushels and Cents,” Ray Bohacz talks about warning signs for possible automatic transmission fluid failure. The episode also features the music of America's 12-Year-Old Yodeling Cowgirl, Phoebe White. Timestamps Massey Ferguson advertisement: 0:00 Intro and news: 0:30 Goatlifeclothing.com advertisement: 6:17 Massey Ferguson/Farm Progress Show liner: 6:36 Matt Jungmann, Farm Progress Show: 7:26 Massey Ferguson advertisement: 13:48 Aaron Belanger, AGCO: 14:18 David Widmar, Agricultural Economic Insights: 21:37 Travis Arp, U.S. Meat Export Federation/Dan Wesely, National Corn Growers Association: 27:29 Jesse Allen, Market Talk: 30:40 Ray Bohacz, “Bushels and Cents”: 37:22 Hesston advertisement: 38:59 Phoebe White: 38:29
3 Year Anniversary Episode!!!Pre-Roll Commercial – Geringhoff – head of the class no matter the cropWelcome to a Farm4Profit episode Share their ideas at farm4profitllc@gmail.comThe listener review today is brought to you by AG LEADER Cab to cab. Season to season. There's only one way to do it all on your farm: Ag Leader it. Ag Leader offers the complete package of year-round precision farming tools to help you steer it, plant it, apply it, harvest it, and manage it more efficiently and profitably. (Add LIB)Randy Hammersmith Voicemail YOU can now text or leave us a voicemail – 515.207.9640 What do you know now that you wished you would have known when you were younger or just sooner in general? Guest Vance CroweVance Crowe is a communications consultant that has worked for corporations and international organizations around the world. He has spoken before more than 150,000 people, answering questions about some of the most sophisticated and controversial technologies in the modern age. munications that remain hidden to most people.Vance holds a degree in communications from Marquette University and a master's degree in cross-cultural negotiations from the Seton Hall Vance is the former Director of Millennial Engagement for Monsanto. 5/16/22 – F4P – E181 – Farm4Fun with Zoe Kent It will all work out in the end. Trust in yourself to continue the path and when you look back on it you'll think it all worked out. 5/16/22 – F4P – E76 – No Two Springs Alike with Bodie Kitchel, BW Fusion (Agronomy update)Never stop where you're at today. Keep your pursuit to always keep learning. You would probably say “Everything!” If you really knew all you know now – then – would you be complacent, lazy, and lose your drive? Always be excited to keep learning. 5/9/22 – F4F - E169– Ryan Roossinck - Beer Money Pulling Team and TractorZoomI wish I had known it was ok to fail. I wasted so much of my life and my opportunities, because I was striving for the perfect, instead of the good. Life ain't perfect and neither are you! So stop wasting time trying to be perfect while opportunities pass you by. 4/25/22 – F4F – F168 – New York Farm Girls! Evelyn (22), Claudia (19), JoJo (16)Evelyn – I wish I knew about this podcast. I have a 30 minute commute to work every day, and this is going to be my new thing.Claudia – When you think of other people's perception of you, and if you're concerned what other people are thinking about you, you're never going to truly live your best life. Have confidence in yourself, and it will take you to big places! Just trust to be yourself!4/11/22 – F4F – E167 – Mike Schulte of the Pork TornadoesRegarding jobs, careers, passions that aren't traditional – whatever your passionate or care about, make it successful. Be passionate because that means something.Put everything you can into it and figure it out. 3/28/22 – F4F – E166 – National Farm Machinery Show, Louisville, KY – Andy Paztor, a/k/a Andy Clean (no question) Quint – Still the more I learn, the less I know. 3/21/22 – F4P - E72 – Steve Sukup, President and CEO, Sukup Manufacturing, Sheffield, IA – Leadership and Innovation In business – should have stepped back sooner to get a better perspective. 3/14/22 – F4F – E165 – The Latina Farmer – Katherine Marcano-Bell I should have listened to my mother-in-law. Don't be so eager to help out on the farm or please yourhusband. You'll have to drive something or help out more on the farm. Momma Wanna (Dominican Republic drink ) A favorite food – MoFongo 3/7/22 – F4P –E71 – Commodity Turmoil – Todd Hultman of DTN – On location - National Farm Machinery Show, Louisville, KY WWIA – Bill Dickhut from Geringhoff I learned to lower the weight of the fundamental assessments you hear from USDA or anyone else. The Market is the best indicator for trends and volatility. The Market tells you. 2/28/22 – F4F – E164- On location – The National Farm Machinery Show, Louisville, KY Kyle Zarate – Keep your circle small. I would have ‘cherry-picked' people better… I wish I had the knowledge I have now when I was younger, but honestly,I don't think I would have change a lot.Loren – I would have had more kids! When they were little, we thought how much work they were and what apain in the butt. But after they got older, I wish I had 10! (Tractor – Deere Commander)Dalie – (being only 17 years old) Don't be afraid to ask for help. (Tractor – Sibling Rivalry) 2/21/22 – F4P – E70 – Avoiding a Repeat of the 80's – David Widmar We need a framework for dealing with uncertainty.We live in a world full of uncertainty.No one teaches us how to quantify, navigate, or communicate through it. We need to update our thinking. Use a decision tool to network and be more disciplined through uncertainties. It's not the decisions you make in the bad years that cause trouble, it's the one's you make in the good years. 2/14/22 – F4F – E163 – Valentine's Day Power Couple – Steven & Melissa Pierce Steven – I wish I knew things could be done differently than the way dad or gpa did them. Just because it'salways been done this way, doesn't make it the best way. Think outside the box and try different ways to do things.Melissa – I wish the things that you stressed out about when you were younger, I shouldn't have worried aboutthem so much.Just do your best, and don't stress. 2/7/22 – F4P – E69 – Dr. Richard Smith – Where is the Inflation Taking Us? I wish I had realized how valuable our local lives are. 1/31/22 – F4F – E162 –Randy Nessman – Master PipeLayer and Zach Johnson – Millennial Farmer Jim McArthur/Randy Hammersmith (twin brother) guest zoom appearance-Zack Attack songRandy Nessman – Pipe is Life! (Dave interprets that as ‘don't wait to make good decisions.') HOSTS – Tanner – I wish I would have trusted myself in certain instances sooner than I did. When you thinksomething's a good idea, just do it! (other guys feedback -But that probably has equal amount of times whenyou wish you hadn't) Corey – I was gonna say something about women, but…. Instead, I wish I had bought bit coin at $100.00. Dave – I wish I wouldn't have said something. I should have bit my lip and bided my time! Apologize more. 1/17/2022 - F4F - E161 - J Lazy S Angus Ranch, Idaho - Chyenne Smith I wish I had started sooner (in ranching). We were worried about the financial burden. Start small, and take a chance. Don't be afraid to try. If you know it's what you want to do, just do it. The finances will work if you have passion. Be passionate, try, and don't give up! 1/3/2022 - F4F - E160 - Tony Feed and friends - invited back 3 of the top 10 guests - Tony Reed, Huey B Cool, and Justin Danger Nunley Tony – The older I get, the smarter my dad was.I wouldn't do that…and he was right.Listen to your dad. Justin – Don't worry so much about what other people think. I wish I wouldn't have worried as long as I didabout other people.Be unapologetically yourself!Huey – Things take time, but you have time! Do more things in your life; you can always change courses. 12/27/21 - F4P - E66 - Most Common Traits of Successful Farmers - Robert & Emily Sharkey 2021 question - Emily - be the dumbest person in the room; surround yourself with people who inspire you and push you to be better; no time for nay sayers or negativity; don't let people bring you down. 2022 question-Rob - Don't criticize yourself so much; focus on what you do well; be more confident; 12/20/21 - F4F - E159 - Bushels & Barrels - Ryan Peter Never be afraid to fail. Don't plan to fail, but "expect" to in some degree. When you start a business, be ready to fail in some way; don't be afraid to try something new on a small scale, and be ready to take the idea even bigger.
With high corn prices very much on the minds of livestock feeders, what does available data tell us about corn usage trends? While it might be true to say that usage is only down 2% off all-time records, it would also be fair to say that trendline usage off by a billion bushels, the worst in nearly a decade. Let's peel back the figures and take a deeper look at corn prices, usage, and the future for the feed and biofuels sectors.David Widmar is an agricultural economist writing at Agricultural Economic Insights. In this episode the former Purdue University professor and Kansas Department of Agriculture economist discusses corn usage trends in the era of persistent high prices, and his expectations for how the Federal Reserve will handle generationally-high inflation with an eye toward keeping recessionary fears at bay.This episode is sponsored by United Animal Health, a leader in animal health and nutrition. You can learn more about United Animal Health and how they are working to advance animal science worldwide by visiting their website UnitedANH.com.
On Wednesday, AOA kicked off with Chris Bliley discussing the changes under consideration at the California Air Resources Board; Chris is the Senior Vice President of Regulatory Affairs with Growth Energy. In segment 2, Mike discussed the battle over inflation between states and the Federal Reserve. Todd Neeley, DTN Reporter, joined the show in segment 3 to give us an "ag in the courts" update and we ended the show with David Widmar, ag economist with Agricultural Economic Insights on the demand destruction story that he sees developing in the corn market.
On today's episode we gather the answers to some of the most common questions surrounding the economic state of our country. Ag Economists, David Widmar covers all of the gory details of inflation and interest rates in an entertaining and educational way that you won't want to miss.
AGRIBUSINESS REPORT PODCAST – Guest: David Widmar is co-founder of Agricultural Economic Insights (www.AEI.ag), and talks about trade with China – focusing on corn and beef – and inflation/interest rates … Read More
AGRIBUSINESS REPORT PODCAST – Guest: David Widmar is co-founder of Agricultural Economic Insights (www.AEI.ag) and talks about the current situation in Eastern Europe, wonders about crop acreage in 2022 in … Read More
It seems the only certainty in the ag industry is knowing there will always be a level of uncertainty. Knowing this, Agricultural Economic Insights (AEI) have designed a tool to help farmers forecast commodity prices within specific timeframes, share their predictions, and even get a payout if they are the most accurate. David Widmar, with... Read More
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