Grain IQ

By: Rural Radio Network
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  • Summary

  • 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.
    Copyright 2024
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Economics Personal Finance
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Episodes
  • Season 4, Ep. 10 – Consistent randomness: Does data from the Pro Farmer Crop Tour impacts grain markets?

    Season 4, Ep. 10 – Consistent randomness: Does data from the Pro Farmer Crop Tour impacts grain markets?
    Aug 21 2024
    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.
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    29 mins
  • Season 4, Ep. 8 – What economic factors should I consider with on-farm grain storage?

    Season 4, Ep. 8 – What economic factors should I consider with on-farm grain storage?
    Aug 19 2024
    On-farm grain storage has drastically changed how producers harvest and market their grain. What are the economic benefits of keeping grain in good condition? Are there considerable differences in storage practices? In part one of a two-part discussion, Dr. Ken Hellevang, a professor and extension engineer in the Department of Agricultural and Biosystems Engineering at North Dakota State University, answers these questions. Grain IQ is a production of the Nebraska Rural Radio Association, in cooperation and with support from the Nebraska Soybean Board.
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    18 mins
  • Season 4, Ep. 9 – How should I factor on-farm grain storage into my marketing plan?

    Season 4, Ep. 9 – How should I factor on-farm grain storage into my marketing plan?
    Aug 19 2024
    On-farm grain storage gives farmers another option at harvest, but it also adds a few more factors to consider in a risk management plan. For farmers considering expanding their on-farm storage capacity, what specifically should they be factoring into that decision? What technological advancements in grain storage are making an economic impact? What do farmers need to assess for their grain marketing plan? Dr. Ken Hellevang, a professor and extension engineer in the Department of Agricultural and Biosystems Engineering at North Dakota State University, joins us to answer these questions in part two of this conversation. Grain IQ is a production of the Nebraska Rural Radio Association, in cooperation and with support from the Nebraska Soybean Board.
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    18 mins

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