We know farmers are good at producing grain, but we want them to be good at marketing it, too. Grain marketing is a critical part of keeping farming operations profitable.
From the history of grain trading to the importance of domestic and international markets, we’ll help you understand all facets of grain marketing. And, we’ll give you resources to build your own grain marketing
Hosted by Chad Moyer, GrainIQ is a production of the Nebraska Rural Radio Association in cooperation and with support by the Nebraska Soybean Board.
All content for Grain IQ is the property of Rural Radio Network and is served directly from their servers
with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
We know farmers are good at producing grain, but we want them to be good at marketing it, too. Grain marketing is a critical part of keeping farming operations profitable.
From the history of grain trading to the importance of domestic and international markets, we’ll help you understand all facets of grain marketing. And, we’ll give you resources to build your own grain marketing
Hosted by Chad Moyer, GrainIQ is a production of the Nebraska Rural Radio Association in cooperation and with support by the Nebraska Soybean Board.
Season 4, Ep. 10 – Consistent randomness: Does data from the Pro Farmer Crop Tour impacts grain markets?
Grain IQ
29 minutes 7 seconds
1 year ago
Season 4, Ep. 10 – Consistent randomness: Does data from the Pro Farmer Crop Tour impacts grain markets?
Consistent randomness and investigative reporting are two themes that come from the Pro Farmer Crop Tour every August.
The tour has become an industry event that analysts, agronomists, farmers and more closely watch for real-time insights on crop conditions in seven states: Nebraska, South Dakota, Iowa, Minnesota, Illinois, Indiana, and Ohio.
But what's the significance of the data to the markets? Is it accurate? And how should the data be used in grain marketing decisions?
Chip Flory with Pro Farmer leads the Western Leg of the tour each year. He said their team of scouts has the same route during the same week with the same calculation methods to gather realistic data about the crop year after year.
In addition to consistent randomness, Flory said the tour serves as an investigative report to level the playing field for farmers with access to data.
“There have been years when the crop tour has deviated significantly from what USDA has showed us,” he said.
Flory joins us to elaborate on the tour and its significance to grain marketing.
Grain IQ is a production of the Nebraska Rural Radio Association, in cooperation and with support from the Nebraska Soybean Board.
Grain IQ
We know farmers are good at producing grain, but we want them to be good at marketing it, too. Grain marketing is a critical part of keeping farming operations profitable.
From the history of grain trading to the importance of domestic and international markets, we’ll help you understand all facets of grain marketing. And, we’ll give you resources to build your own grain marketing
Hosted by Chad Moyer, GrainIQ is a production of the Nebraska Rural Radio Association in cooperation and with support by the Nebraska Soybean Board.
