Moving Iron Podcast

Summary In this episode of Moving Iron Podcast, Casey Seymour and Sean Hackett discuss the current state of various commodity markets, including wheat, corn, soybeans, cotton, orange juice, and coffee. They analyze the factors affecting these markets, such as geopolitical events, weather conditions, and demand trends. Sean provides insights into the future of these commodities, emphasizing the importance of understanding market dynamics and making informed decisions for producers and investors alike. Takeaways Wheat production in Ukraine is severely impacted by the war. Corn and soybean markets are experiencing strong demand-driven growth. Cotton prices are influenced by Chinese demand and trade policies. Orange juice market is facing a potential long-term top due to supply issues. Coffee market may see a supply squeeze, leading to price increases. The geopolitical situation affects commodity prices and market sentiment. Farmers are likely to hold onto their stocks, impacting supply. USDA reports are crucial for understanding market trends and forecasts. Weather conditions play a significant role in crop yields and market prices. Producers should consider risk management strategies to protect against price volatility. Chapters 00:00 Introduction to Commodity Markets 03:07 Wheat Market Dynamics 05:54 Corn and Soybean Market Trends 08:48 Cotton Market Outlook 14:50 Orange Juice Market Analysis 19:46 Coffee Market Insights

Moving Iron's Official Data Partner Is Fusable. The Home Iron Solutions And EDA Data. Ignite Your Dealership's Growth With Fusable.com Move More Iron with Fusable! Get your Free Demo at info.ironsolutions.com/moving-iron-podcast Presented By @AxonTire @AgDirect @IronSolutions @FusableData @EDAdata @Valleytransinc Music By: @TalbottBrothers Host: @casey9673 #agequipmentbusinesstal #letsgomovesomeiron Contact Me at: MovingIronLLC.com movingironpodcast@movingironpodcast.com Summary In this episode of the Moving Iron Podcast, Casey Seymour and Chip Nellinger discuss the current state of the commodities market, focusing on grain, cattle, hogs, and energy. They analyze recent market movements, the impact of political changes, and the dynamics of supply and demand. The conversation highlights the challenges and opportunities within the agricultural sector, particularly in light of shifting export demands and market trends. Takeaways The grain market is experiencing significant demand, particularly for corn. China's buying patterns are crucial for the soybean market's future. Cattle prices are under pressure due to market exhaustion and external factors. Hog markets are benefiting from a shift in consumer demand from beef to pork. Energy prices are influenced by geopolitical tensions and domestic production policies. The recent crop report indicates shrinking yields, impacting market expectations. Political changes can lead to volatility in commodity markets. Fast harvests may lead to more accurate yield projections in upcoming reports. The cattle market may face challenges as demand dynamics shift. The energy market is expected to remain volatile with potential for both increases and decreases in prices. Chapters 00:00 Market Overview and Recent Developments 10:11 Cattle Market Challenges and Outlook 18:55 Energy Market Trends and Future Projections

Moving Iron's Official Data Partner Is Fusable. The Home Iron Solutions And EDA Data. Ignite Your Dealership's Growth With Fusable.com Move More Iron with Fusable! Get your Free Demo at info.ironsolutions.com/moving-iron-podcast. Presented By @AxonTire @AgDirect @IronSolutions @FusableData @EDAdata @Valleytransinc Music By: @TalbottBrothers Host: @casey9673 #agequipmentbusinesstal #letsgomovesomeiron Contact Me at: MovingIronLLC.com movingironpodcast@movingironpodcast.com Summary In this episode of the Moving Iron Podcast, Casey Seymour and Sean Hackett discuss the current state of commodity markets following the recent election. They analyze the rapid market reactions, the strategies physical buyers are employing to hedge against potential tariffs, and the implications of USDA reports on crop yields. The conversation also covers future projections for grain markets, emphasizing the importance of being prepared for upcoming volatility and opportunities in the agricultural economy. Takeaways The election results have created a dynamic environment for commodity markets. Physical buyers are actively hedging against potential tariff increases. USDA reports indicate that crop yields are not as high as expected despite favorable weather. Future projections suggest a potential rally in grain prices due to supply concerns. The market has established a top-end yield scenario that may not be surpassed soon. Understanding worst-case yield scenarios is crucial for market forecasting. The recent market lows may signal a turning point for grain prices. Producers should take advantage of current prices before potential volatility increases. The agricultural economy may be more resilient than previously thought. Engaging with market experts can provide valuable insights for producers. Sound Bites "It's going to be a very dynamic period." "Physical buyers are hedging their bets." "Prices haven't rallied that much yet." Chapters 00:00 Introduction to Commodity Markets and Election Impact 02:56 Market Reactions and Physical Buying Strategies 06:10 USDA Reports and Crop Yield Analysis 08:54 Future Projections for Grain Markets 12:13 Conclusion and Resources for Further Information

Moving Iron's Official Data Partner Is Fusable. The Home Iron Solutions And EDA Data. Ignite Your Dealership's Growth With Fusable.com Move More Iron with Fusable! Get your Free Demo at info.ironsolutions.com/moving-iron-podcast. Presented By @AxonTire @AgDirect @IronSolutions @FusableData @EDAdata @Valleytransinc Music By: @TalbottBrothers Host: @casey9673 #agequipmentbusinesstal #letsgomovesomeiron Contact Me at: MovingIronLLC.com movingironpodcast@movingironpodcast.com DIS has free business continuity templates that can be downloaded by following this link: https://www.discorp.com/dealership-guides/business-continuity-toolkit/ Summary In this episode of the Moving Iron Podcast, Casey Seymour discusses the critical importance of cybersecurity and business continuity planning with guests Craig Cogle and Tammy Richards from DIS. They explore the rising threat of cyber attacks across industries, the necessity of training and awareness for employees, and the essential components of a robust business continuity plan. The conversation also covers data protection strategies, the evaluation of cybersecurity software, and best practices for password management. The episode emphasizes the need for a proactive approach to cybersecurity and the importance of having a well-defined plan in place to mitigate risks and ensure business resilience. Takeaways Cyber attacks are increasing across all industries. Training employees on cybersecurity is crucial. A solid business continuity plan is essential for operations. Regular data backups and offsite storage are vital. Identify critical functions to maintain during disruptions. Invest in reputable cybersecurity software and services. Establish a security culture within the organization. Utilize password management systems for better security. Conduct regular risk assessments to identify vulnerabilities. Continuously review and update business continuity plans. Sound Bites "Security culture starts from the top." "Have a solid plan for business continuity." "Every company is at risk of a cyber attack." "Don't click if it doesn't feel right." "Invest in a password management system." Chapters 00:00 Introduction to Cybersecurity and Business Continuity 03:00 The Rise of Cyber Attacks 06:07 Training and Awareness in Cybersecurity 09:11 Business Continuity Planning Essentials 12:08 Data Protection and Redundancy Strategies 14:46 Building an Actionable Cybersecurity Plan 17:59 Evaluating Cybersecurity Software 20:52 Password Management and Security Practices 23:48 Final Thoughts on Cybersecurity and Business Continuity

In this episode, Casey Seymour and Sean Hackett discuss the current trends in the commodities market, focusing on the impact of weather on crop yields, global drought conditions, and the agricultural challenges faced by Brazil and Russia. They also delve into the economic implications of the upcoming election and provide insights into market predictions and future trends in agriculture. Host: @casey9673 #agequipmentbusinesstal #letsgomovesomeiron Contact Me at: MovingIronLLC.com movingironpodcast@movingironpodcast.com

In this episode of the Moving Iron Podcast, Casey Seymour and Chip Nellinger discuss the current state of commodity markets, focusing on the interplay of weather, geopolitical factors, and market dynamics affecting corn, beans, and cattle prices. They explore the complexities of market predictions amidst significant demand and supply fluctuations, the impact of upcoming elections, and the importance of risk management for producers. Moving Iron's Official Data Partner Is Fusable. The Home Iron Solutions And EDA Data. Ignite Your Dealership's Growth With Fusable.com Move More Iron with Fusable! Get your Free Demo at info.ironsolutions.com/moving-iron-podcast. Presented By @AxonTire @AgDirect @IronSolutions @FusableData @EDAdata @Valleytransinc Music By: @TalbottBrothers Host: @casey9673 #agequipmentbusinesstal #letsgomovesomeiron Contact Me at: MovingIronLLC.com movingironpodcast@movingironpodcast.com

The Power Of EDA In Customer Engagement - MIP #452 With Erik Montz And Carrie Wolf by Moving Iron LLC

Summary In this episode of Moving Iron Podcast, Casey Seymour and Sean Hackett discuss the current state of the commodity markets, focusing on the impacts of weather, geopolitical factors, and the upcoming political landscape. They analyze the recent downturn in commodity prices, the effects of dry weather on crop production, and the implications of potential trade wars and tariffs. The conversation also touches on how the market typically reacts to elections and the uncertainty surrounding the upcoming presidential election. Takeaways Commodity prices have seen a significant decline recently. Dry weather in the Midwest is accelerating harvests. China's fiscal policy is causing confusion in the markets. Brazil is experiencing its slowest planting pace since 1971. Rains in Brazil may not lead to a significant pattern change. Wheat prices are affected by the Russia-Ukraine situation. Political changes can lead to short-term market volatility. A Trump presidency may lead to a tariff-led policy. Kamala Harris's presidency could be more favorable for agriculture. Markets tend to rally after elections due to optimism. Chapters 00:00 Commodity Market Overview 05:08 Weather Impacts on Crop Production 09:49 Geopolitical Factors Affecting Commodities 15:04 Political Landscape and Market Reactions

In this conversation, the hosts discuss various topics ranging from the changing seasons and high school football updates to the dynamics of college football and the auction trends in the equipment market. They reflect on the current state of college football, the implications of the new playoff system, and the evolving landscape of the equipment market, emphasizing the importance of understanding market trends and future predictions. takeaways Fall is a brief season in the panhandle, often leading to winter quickly. High school football is a significant part of local culture and community. The Shadron Cardinals are performing well this season with a strong defense. College football is seeing a shift with the introduction of the 12-team playoff. The quality of college football teams is becoming more homogenized due to the transfer portal. The auction market for equipment has seen significant changes in the last year. There is a psychological impact on buyers when seeing large dollar amounts in auctions. The equipment market is currently in a rut due to an oversupply of inventory. Future predictions for the equipment market suggest a stabilization in the coming years. The conversation highlights the importance of adapting to market changes and trends. Chapters 00:00 Introduction and Fall Reflections 07:00 High School Football Updates 11:54 College Football Landscape 18:59 Auction Trends in the Equipment Market 30:12 Future of Equipment Market and Closing Thoughts

summary In this episode of the Moving Out Podcast, Casey Seymour interviews Sean Chevalier from PhiBer, a company known for its innovative agricultural solutions. They discuss PhiBer's history, the development of the Dash Spray Trailer, and the integration of drone technology in agriculture. Sean explains how PhiBer's products focus on speed, efficiency, and modularity to meet farmers' diverse needs. The conversation highlights the importance of customer feedback in product development and the future of agricultural technology. Takeaways PhiBer was founded in 1996 by a farmer and a machinist. The Dash trailer is designed for speed and operator comfort. Drones are becoming a viable option for spraying in agriculture. Customer feedback drives innovation at Fiber. The Dash Carrier can load multiple drones for efficient spraying. Modularity allows farmers to customize their equipment. The Dash system improves chemical application efficiency. PhiBer's products are designed to minimize idle time for sprayers. Innovative features include weather protection for chemicals. Future developments are always in the pipeline at Fiber. Sound Bites "We built it as a very modular system." "Drones might actually be a thing we might use shortly in the future." Chapters 00:00 Introduction to Fiber and Sean Chevalier 03:11 Innovative Spraying Solutions: The Dash Trailer 05:50 The Rise of Drone Technology in Agriculture 09:00 Customer-Centric Design and Modular Systems 11:56 Exploring the Features of the Dash System 15:08 Future Innovations and Closing Thoughts

Moving Iron's Official Data Partner Is Fusable. The Home Iron Solutions And EDA Data. Ignite Your Dealership's Growth With Fusable.com Move More Iron with Fusable! Get your Free Demo at info.ironsolutions.com/moving-iron-podcast. Summary In this episode of the Moving Iron Podcast, Casey Seymour and Rich Posson discuss the current state of the economy, focusing on recent job reports, the dynamics between manufacturing and services sectors, and the implications for the stock market and the Federal Reserve. They also delve into the impact of Middle East tensions on oil prices, insights into the corn market, and the broader implications of U.S. energy independence on global markets. Takeaways 254,000 new jobs were added in September, exceeding expectations. The unemployment rate remains stable at around 4.1%. Manufacturing is struggling while the services sector shows growth. The stock market reacted positively to the job report, indicating optimism. Middle East tensions could disrupt oil prices and market stability. The U.S. has significant oil production capacity, affecting global oil dynamics. Corn prices have risen due to perceived shortages and market adjustments. The Fed's rate cuts have influenced commodity market sentiments. Energy independence could shift global oil market dynamics. Seasonal demand for grains may lead to price increases in the future. Sound Bites "This is a tough number to forecast." "Manufacturing has issues with bringing back jobs to the U.S." "The stock market's happy dappy exploded." Chapters 00:00 Economic Overview and Job Reports 03:00 Manufacturing vs. Services Sector Dynamics 05:52 Market Reactions and Federal Reserve Implications 09:06 Middle East Tensions and Oil Market Impact 12:13 Corn Market Insights and Future Predictions 22:01 U.S. Energy Independence and Global Market Effects Presented By @AxonTire @AgDirect @IronSolutions @FusableData @EDAdata @Valleytransinc Music By: @TalbottBrothers Host: @casey9673 #agequipmentbusinesstal #letsgomovesomeiron Contact Me at: MovingIronLLC.com movingironpodcast@movingironpodcast.com #economy #report #manufacturing #servicessector #FederalReserve #oilmarket #MiddleEasttensions #cornmarket #energyindependence #globalmarket

In this episode of Moving Iron Podcast, Casey Seymour and Sean Hackett discuss the current geopolitical tensions and their potential impacts on commodity markets, particularly in light of recent events in the Middle East. They explore the effects of Hurricane Helene on agricultural prices, particularly corn, and delve into the implications of the Gleisberg cycle on weather patterns and drought conditions. The conversation highlights the unprecedented drought conditions across the U.S. and Brazil, and how these factors may influence future crop yields and market strategies for farmers. Takeaways Geopolitical tensions can significantly disrupt global commodity supplies. Recent weather events have led to increased corn prices due to strong exports. The Gleisberg cycle indicates a potential for extreme weather patterns in the coming years. Drought conditions are worsening across the U.S., impacting agricultural production. Farmers should consider selling into market strength rather than panic selling. The U.S. agricultural economy may be more resilient than anticipated despite challenges. Brazil is experiencing severe drought, which could affect global supply chains. Market volatility is expected, and farmers should be prepared for corrections. Understanding weather cycles is crucial for predicting agricultural outcomes. Strategic selling can help farmers navigate uncertain market conditions. Sound Bites "Nobody wants peace. Everybody wants to keep pressing." "We could have the most delayed planting season ever seen." "This has the making of two poor corn crops back to back." Chapters 00:00Geopolitical Tensions and Commodity Impacts 03:19Weather Events and Their Effects on Agriculture 10:39The Gleisberg Cycle and Its Implications 17:36Drought Patterns and Future Predictions 25:02Market Strategies and Farmer Insights Moving Iron's Official Data Partner Is Fusable. The Home Iron Solutions And EDA Data. Ignite Your Dealership's Growth With Fusable.com Move More Iron with Fusable! Get your Free Demo at info.ironsolutions.com/moving-iron-podcast. Presented By @AxonTire @AgDirect @IronSolutions @FusableData @EDAdata @Valleytransinc Music By: @TalbottBrothers Host: @casey9673 #agequipmentbusinesstal #letsgomovesomeiron Contact Me at: MovingIronLLC.com movingironpodcast@movingironpodcast.com

Moving Iron's Official Data Partner Is Fusable. The Home Iron Solutions And EDA Data. Ignite Your Dealership's Growth With Fusable.com Move More Iron with Fusable! Get your Free Demo at info.ironsolutions.com/moving-iron-podcast. Summary The conversation covers the current state of the market, focusing on combines, tractors, and other agricultural equipment. It delves into the impact of price increases, depreciation, inventory stacking, and uncertainty in the market. The discussion also addresses the adjustments made to wholesale values and the depreciation of late-model equipment. The conversation delves into the challenges of valuing used equipment in the agricultural industry, the impact of supply and demand on pricing, the influence of interest rates and financing options, and the changes in the market dynamics. It also discusses the updates in the fall guide and the importance of client feedback in refining the guide's accuracy. Keywords #agriculturalequipment, #markettrends, #priceincreases, #depreciation, #inventorystacking, #uncertainty, #wholesalevalues, #latemodelequipment, #agriculturalindustry, #usedequipment, #supplyanddemand, #pricing, #interestrates, #financing, #marketdynamics, #fallguide, #clientfeedback Takeaways Price increases have significantly impacted the market, affecting depreciation and inventory stacking. The uncertainty in the market has resulted in farmers holding off on equipment purchases, leading to a surplus of inventory. Adjustments to wholesale values and depreciation of late-model equipment must align with market trends and normalize sold reports. Insights from auction data and dealer feedback are crucial in understanding market trends and making informed adjustments to guide values. Valuing used equipment in the agricultural industry is challenging due to the fluctuating time between placing an order and receiving the equipment. Supply and demand dynamics significantly impact the pricing of used equipment, making it difficult to assess its value accurately. Interest rates and financing options play a crucial role in the buying and selling of agricultural equipment, influencing market behavior and decision-making. The fall guide updates include the 2024 values and analysis of average hours on equipment, emphasizing the importance of client feedback in refining the guide's accuracy. Sound Bites "When I look at Combines, the depreciation, auction value wise anyway, the depreciation that you're seeing from the price of a new one versus what they're advertised for a one year old or two year old used one and what they're selling for at auction, there's a huge gap there." "When you look at that humongous price increase in the 23s... to really get those values down to where they're relative to the 22s." "When we were getting all this pricing information together from Deere and Case, New Holland, everybody else, and I started seeing these price increases and interim price increases, I was like, well, this is gonna be interesting to see what holds up." "The supply catch up demand price is gonna change, right? You're looking at the machine you have and I come back to you at, this is say, the average price out on the various websites are 300,000 bucks, right? I come back to you with 250,000 and you're looking at me like I'm ripping you off." "It doesn't matter what it was back then. It matters what it is now. That tractor is worth that now." "The numbers you guys are putting out are very in line with what's going on in the marketplace." Chapters 00:00 Adjusting Wholesale Values and Depreciation 21:35 Challenges of Valuing Used Equipment 24:31 Impact of Supply and Demand on Pricing 35:32 Influence of Interest Rates and Financing 38:44 Changes in Market Dynamics 39:14 Updates in the Fall Guide and Client Feedback Click To Watch: https://youtu.be/OycgI8eB4do Click To Listen: Presented By @AxonTire @AgDirect @IronSolutions @randallreilly @Fusable @EDAdata @Valleytransinc

Moving Iron's Official Data Partner Is Fusable. The Home Iron Solutions And EDA Data. Ignite Your Dealership's Growth With Fusable.com Move More Iron with Fusable! Get your Free Demo at info.ironsolutions.com/moving-iron-podcast. This is the Barchart article link Shawn mentioned in today's podcast. "The Era of Weather Volatility Will Continue to Escalate Peaking in the mid 2030's" https://www.barchart.com/story/news/26300746/the-era-of-weather-volatility-will-continue-to-escalate-peaking-in-the-mid-2030s Summary The conversation covers a wide range of topics related to commodities, weather, and market trends. Shawn Hackett provides insights into planting progress, weather patterns, and their potential impact on crop yields. He also discusses the cattle marketplace and upcoming live sessions on weather patterns and climate change. The conversation concludes with information on how to reach out for more information. Keywords #commodities, #weatherpatterns, #cropyields, #cattlemarket #climatechange, #markettrends Takeaways Planting progress and weather patterns play a significant role in determining crop yields. The cattle marketplace is expected to see strong prices due to tight supplies and potential demand. Understanding long-term weather cycles and their impact on market volatility is crucial for making informed decisions. Live sessions on weather patterns and climate change provide valuable insights for market participants. Shawn Hackett's expertise in analyzing weather data and market trends offers valuable information for those involved in the commodities market. Sound Bites "I expect this year to be no different." "We have a very, very, very active tornado season this year." "2011 was actually not dry. We had moisture, but we had incredibly hot warm nights." Chapters 00:00 Insights into Planting Progress and Weather Patterns 11:47 Market Trends and the Cattle Marketplace 13:14 Upcoming Live Sessions on Weather Patterns and Climate Change Click To Watch: https://youtu.be/GsQ4-g6idMM Presented By @AxonTire @AgDirect @IronSolutions @randallreilly @Fusable @EDAdata @Valleytransinc Music By: @TalbottBrothers Host: @casey9673 #agequipmentbusinesstal #letsgomovesomeiron Contact Me at: MovingIronLLC.com movingironpodcast@movingironpodcast.com

MIP Markets with Chip Nellinger Rally in Wheat; Range Bound Oil Prices Moving Iron's Official Data Partner Is Fusable. The Home Iron Solutions And EDA Data. Ignite Your Dealership's Growth With Fusable.com Move More Iron with Fusable! Get your Free Demo at info.ironsolutions.com/moving-iron-podcast. Summary In this conversation, Chip Nelger discusses the current state of commodities, including wheat, corn, soybeans, beef, and oil. He provides insights into the weather conditions affecting crop growth, the impact of global factors on commodity prices, and the potential risks and opportunities in the market. Chip also highlights the importance of risk management and staying informed about market trends. Keywords #commodities, #wheat, #corn, #soybeans, #beef, #oil, #weatherconditions, #crop #growth, #globalfactors, #markettrends, #riskmanagement Takeaways Weather conditions, such as drought and frost, impact crop growth and yield potential in various regions. Wheat prices have rallied due to dry weather in Russian and Ukrainian growing areas and issues in other wheat-producing countries. Corn prices have been supported by a lower-than-expected carryout and the potential for a smaller crop due to delayed planting. Beef prices have remained strong, but there are concerns about a potential overhang in the market due to slowed packer kills. Oil prices have been range-bound, with uncertainty surrounding OPEC production cuts and US government actions affecting market sentiment. Sound Bites "Wheat somewhere around $7 and 10 cents a bushel." "December corn right now is about $4.85, getting close to that $5 number." "Crop losses from the best projections are probably starting to be in the market with this move higher." Chapters 00:00 Introduction and Weather Conditions 02:59 Rally in Wheat Prices 03:29 Support for Corn Prices 09:59 Strength in Beef Market 16:26 Range-Bound Oil Prices Click To Watch: https://youtu.be/-IPnPSKj9MA Presented By @AxonTire @AgDirect @IronSolutions @randallreilly @Fusable @EDAdata @Valleytransinc Music By: @TalbottBrothers Host: @casey9673 #agequipmentbusinesstal #letsgomovesomeiron Contact Me at: MovingIronLLC.com movingironpodcast@movingironpodcast.com

MIP #436 The Future of Autonomy in Agriculture with Matthew Fleet and Justin Canada Moving Iron's Official Data Partner Is Fusable. The Home Iron Solutions And EDA Data. Ignite Your Dealership's Growth With Fusable.com Move More Iron with Fusable! Get your Free Demo at info.ironsolutions.com/moving-iron-podcast. Summary In this episode of the Moving Iron Podcast, Casey Seymour interviews Justin Canada and Matthew Fleet from James River Equipment. They discuss the crop mix in their region, the current state of the used equipment market, and the impact of technology on farming. They also explore the potential of upgrade kits for machinery and the future of autonomy in agriculture. The conversation highlights the importance of technology in improving efficiency and productivity on the farm. #MovingIronPodcast #letsgomovesomeiron #JamesRiverEquipment #cropmix #usedequipment #technology #upgradekits #autonomy #agriculture #efficiency #productivity Takeaways The region's crop mix includes corn, soybeans, winter wheat, cotton, peanuts, tobacco, and hay. The used equipment market is influenced by the availability of trade-ins and the demand for technology upgrades. Upgrade kits for machinery offer an opportunity to improve performance and extend the lifespan of equipment. Autonomy in agriculture is expected to increase efficiency and address labor shortages. Technology is critical in farmers' buying decisions, and early adopters may have a competitive advantage. Titles The Future of Autonomy in Agriculture The Competitive Advantage of Early Adopters Sound Bites "I think the upgrades we have done have been with customers that own and are upgrading their existing equipment." "I don't know if any of that adds much to our resale value and what we want to own those machines for." "As it becomes more mainstreamed and accepted, people get comfortable with it, which I think is happening quicker than we anticipated." Chapters 00:00 Introduction and Regional Crop Mix 08:12 Exploring Upgrade Kits and Technology 25:15 The Impact of Technology on Farming Efficiency 29:30 The Competitive Advantage of Early Adopters Click To Watch: https://youtu.be/PWuI_l5aEgM Presented By @AxonTire @AgDirect @IronSolutions @randallreilly @Fusable @EDAdata @Valleytransinc Music By: @TalbottBrothers Host: @casey9673 #agequipmentbusinesstal #letsgomovesomeiron Contact Me at: MovingIronLLC.com movingironpodcast@movingironpodcast.com

MIP Markets with Shawn Hackett From Russia with Love Moving Iron's Official Data Partner Is Fusable. The Home Iron Solutions And EDA Data. Ignite Your Dealership's Growth With Fusable.com Move More Iron with Fusable! Get your Free Demo at info.ironsolutions.com/moving-iron-podcast. Summary In this conversation, Casey Seymour interviews Sean Hackett from Hackett Financial about the current state of commodities, focusing on wheat, milk, corn, and soybeans. They discuss the impact of the crop tour on wheat prices, with Sean emphasizing that Russia's control over the wheat market is the main driver. They also highlight the weather-related issues in Russia and Australia that could affect wheat and milk production. Additionally, they touch on the potential for a milk shortage in the US due to avian flu and high cattle prices. Finally, they discuss the outlook for corn and soybeans, noting the bearish impact of the wet May and the need for hot weather to counteract it. #commodities, #wheat, #milk, #corn, #soybeans, #croptour, #Russia, #Australia, #avianflu, #cattleprices, #weather, #cropproduction Takeaways The main driver of wheat prices is Russia's control over the wheat market. Weather-related issues in Russia and Australia could impact wheat and milk production. There is a potential for a milk shortage in the US due to avian flu and high cattle prices. Wet May could have a bearish impact on corn and soybeans, but hot weather is needed to counteract this. Sound Bites "The wheat market is not up because of worry over US production. It's up because of Russia and Ukraine weather problems." "Without Russia, we have no wheat. They've been the linchpin." "We're going to get a significant liquidation of dairymen who just want out at the top." Chapters 00:00 Introduction and Overview 01:01 Crop Tour and Wheat Prices 05:57 Milk Shortage and Avian Flu 15:29 Bearish Outlook for Corn and Soybeans 23:48 Closing Remarks Click To Watch: https://youtu.be/A0klNBNQqT8 Presented By @AxonTire @AgDirect @IronSolutions @randallreilly @Fusable @EDAdata @Valleytransinc Music By: @TalbottBrothers Host: @casey9673 #agequipmentbusinesstal #letsgomovesomeiron Contact Me at: MovingIronLLC.com movingironpodcast@movingironpodcast.com

MIP #435 Presented By AgDirect Wheat Supplies Are Tight with Tanner Ehmke Moving Iron's Official Data Partner Is Fusable. The Home Iron Solutions And EDA Data. Ignite Your Dealership's Growth With Fusable.com Move More Iron with Fusable! Get your Free Demo at info.ironsolutions.com/moving-iron-podcast. Summary The conversation focuses on the current state of the agricultural economy, with a specific emphasis on the wheat, corn, soybean, and beef markets. The main themes include the impact of crop conditions in Kansas and Russia on wheat prices, the effects of weather conditions in South America on corn and soybean prices, the strength of the US dollar, and the potential implications for the beef market. The conversation also touches on ethanol demand and the outlook for renewable jet fuel. Keywords #agricultural #economy, #wheat, #cropconditions, #Kansas, #Russia, #corn, #soybean, #SouthAmerica, #US #dollar, #beef, #ethanol, #renewablejetfuel Takeaways Crop conditions in Kansas, particularly for wheat, are poor, affecting commodity pricing. Weather conditions in South America, including flooding in Brazil and drought in Argentina, impact corn and soybean prices. Russia has been a major player in the wheat market, but crop concerns and a weakening currency may limit their influence. The strength of the US dollar is a headwind for grain exports. Ethanol demand is strong, which is supporting corn prices. The US economy is still strong, but there are signs of a slowdown, which could impact beef consumption. The cattle herd is shrinking, but higher slaughter weights offset some price pressure. The outlook for renewable jet fuel demand is uncertain, with current margins for ethanol producers driving production. Sound Bites "Kansas wheat crop rated poor or very poor" "Hot and dry conditions in Kansas during grain fill" "Russia has distorted world wheat prices" Chapters 00:00 Impact of Crop Conditions on Wheat Market 02:50 Russia's Influence on the Wheat Market 08:06 Recent Movements in Corn and Soybean Prices 11:35 Strength of the US Dollar and Grain Exports 13:10 US Economy and Beef Consumption 18:03 Ethanol Demand and Corn Prices 19:19 Outlook for Renewable Jet Fuel Demand Click To Watch: https://youtu.be/Ih59yUpE4tk Click To Listen: https://on.soundcloud.com/5rPyxr51uc5E5Rkn6 Presented By @AxonTire @AgDirect @IronSolutions @randallreilly @Fusable @EDAdata @Valleytransinc Music By: @TalbottBrothers Host: @casey9673 #agequipmentbusinesstal #letsgomovesomeiron Contact Me at: MovingIronLLC.com movingironpodcast@movingironpodcast.com

MIP #434 Aimpoint Research Farmer of the Future 2.0 with Mark Purdy Moving Iron's Official Data Partner Is Fusable. The Home Iron Solutions And EDA Data. Ignite Your Dealership's Growth With Fusable.com Move More Iron with Fusable! Get your Free Demo at info.ironsolutions.com/moving-iron-podcast. Summary Mark Purdy from Aimpoint Research discusses the Farmer of the Future report and the changing landscape of agriculture. The conversation covers farm size distribution, the number of decision-makers on farms, and technology adoption in farming operations. The research shows a growth in smaller farms, driven by consolidation and a desire for a rural lifestyle. It also highlights the increase in multi-generational farming operations and the importance of data-driven decision-making. The report emphasizes the need for ag service providers to understand the different segments of farmers and tailor their approach accordingly. Keywords #agriculture, #farmsize, #consolidation, #technologyadoption, #datadriven #decisionmaking, #multigenerationalfarming, #rurallifestyle Takeaways The growth in smaller farms is driven by consolidation and a desire for a rural lifestyle. Multi-generational farming operations are becoming more common, with each generation having a specific role and specialty. Data-driven decision-making and the adoption of technology are crucial for the future of farming. Ag service providers should understand the different segments of farmers and tailor their approach to meet their specific needs. Titles Multi-Generational Farming: The Role of Each Generation The Importance of Data-Driven Decision-Making and Technology Adoption Sound Bites "Food security is national security." "The growth in small farms is a result of consolidation." "The number of decision-makers on farms is increasing, with multiple generations involved." Chapters 00:00 Introduction and Background 06:46 The Farmer of the Future 1.0 and 2.0 11:12 Distribution by Farm Size 28:47 Technology Adoption in Farming 32:00 Advice for Ag Service Providers 34:37 Conclusion and Contact Information Click To Watch: https://youtu.be/iXSx-fj3kfw Presented By @AxonTire @AgDirect @IronSolutions @randallreilly @Fusable @EDAdata @Valleytransinc Music By: @TalbottBrothers Host: @casey9673 #agequipmentbusinesstal #letsgomovesomeiron Contact Me at: MovingIronLLC.com movingironpodcast@movingironpodcast.com

MIP Markets with Shawn Hackett Correction Expected in June USDA Report Moving Iron's Official Data Partner Is Fusable. The Home Iron Solutions And EDA Data. Ignite Your Dealership's Growth With Fusable.com Move More Iron with Fusable! Get your Free Demo at https://info.ironsolutions.com/moving-iron-podcast. Summary In this episode of the Moving Iron Podcast, Mark Schlissel interviews Sean Hackett from Hackett Financial about the current state of commodities. They discuss the weather conditions affecting crop production, including frosts in Russia and rain in the southern US. Hackett explains the concept of a 'bifurcated flood drought' and how extreme weather patterns impact crop yields worldwide. They also touch on the wheat market, the hog market, and the crop estimates for Brazil and Argentina. Hackett criticizes the USDA's yield estimates and predicts a correction in the June report. Keywords #commodities, #weather, #cropproduction, #frost, #rain, #wheatmarket , #hogmarket, #cropestimates, #Brazil, #Argentina, #USDA, #yieldestimates Takeaways Extreme weather patterns, such as floods and droughts, impact crop yields worldwide. The wheat market has rallied, but the USDA's yield estimates may not fully reflect crop conditions. The hog and cattle markets are currently ambivalent, with prices in a wide-ranging trading range. The USDA's crop estimates for Brazil and Argentina may not align with the estimates from Conab Brazil. The USDA is slow to adjust its yield estimates and often corrects them months later. The June report from the USDA may show a reduction in corn stocks, which could be a bullish factor for the market. Sound Bites "We have historic flooding in Southern China destroying the rice and sugar crops, yet we have a significant drought to the north threatening soybeans and corn production." "Even if Ukraine continues to be able to ship the crop out, it's going to be a much smaller crop anyway, and that, on the margin, is another bullish development for overall supply and demand." "If the wheat board says the crop looks way worse than the USDA, I think we'll get a reaction." Chapters 00:00 Introduction and Crop Conditions 03:48 Impact of Extreme Weather on Crop Yields 06:43 Crop Conditions in Ukraine and Russia 10:03 The Wheat Market and USDA Estimates 16:32 Discrepancies in USDA and Conab Brazil Crop Estimates 21:38 Expectations for the June USDA Report 23:56 Conclusion and Buying Opportunities Click To Watch: https://youtu.be/p5rTplxgjhI Click To Listen: Presented By @AxonTire @AgDirect @IronSolutions @randallreilly @Fusable @EDAdata @Valleytransinc Music By: @TalbottBrothers Host: @casey9673 #agequipmentbusinesstal #letsgomovesomeiron Contact Me at: MovingIronLLC.com movingironpodcast@movingironpodcast.com