GrainWaves Podcast

June 24, 2020

Episode 13: What kind of plan do you want?

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?
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June 12, 2020

Episode 12. Live with GrainWaves: June 4th, 2020

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.
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June 03, 2020

Episode 11: Disciplined Marketing Plans

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.
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May 22, 2020

Episode 10: Perspective on Global Price

You’ve got enough to focus on: don't try to out-guess the global market; focus on operating within it. 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 market shapes its futures price. 
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May 11, 2020

Episode 9: Switching from corn to soybeans

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? 
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May 07, 2020

Episode 8: Let's Talk Skew

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. 
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April 27, 2020

Episode 7: Lost the farm trading in the futures

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. 
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April 24, 2020

Episode 6: Crude prices drop below zero

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. 
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April 11, 2020

Episode 5: Looking into Natenberg's Option Volatility & Pricing

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 Connor and Gabe Sheets-Poling 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. 
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April 11, 2020

Episode 4: When ethanol plants can’t take your grain

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 Connor and Gabe Sheets-Poling 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.
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April 11, 2020

Episode 3: Long your crop the rest of your life

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 Connor and Gabe Sheets-Poling 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.
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April 11, 2020

Episode 2: The little things when setting basis and futures

Another week into the coronavirus pandemic, Rodney Connor and Gabe Sheets-Poling 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.
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April 11, 2020

Episode 1: There’s an equation behind volatility

Another week into the coronavirus pandemic, Rodney Connor and Gabe Sheets-Poling 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 home run 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.
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