Curious what advisors others are working with that they like and why you like them. I don’t care about options much at this point so not wanting some knob who thinks he had all the answers on that end. I shoulda got one years ago but finally gonna add one this fall. I was looking at Cargill market sense but they hired the tard that f’d up fbns marketing program. I’d prefer to work with one that doesn’t work for a grain company cause thats a no brainer in my head.
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Unless they know your entire farm financial situation down to payments, etc they will advice to sell in bits and pieces. There I just told you what to do for free. ????????????
Personally I’ve never used one and I feel I’m money ahead doing things on my own.
Each to their own. -
Personally I prefer marketing newsletters. Wild Oats, Kostal, Jubinville, Left field, there's a bunch.
I have a financial background so I have created my own cost of production spreadsheet. I don't need to pay someone for that.
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Kostal is a great sourceComment
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I still like marketing newsletters, too. I still like Weber; he is a policy person with a global view. He is not tied to any buddies. He gives you global information and notes political influence on markets. You also get stats. His objective to make you a more innovative marketer.
You decide.
And yes, too many "Talk the books". Too many rely on statistics only, and while
Statistics are essential, but they seem less related to markets nowadays.
Since January, he's been calling Canola below $600. In 21, he advised against forward selling.
No one is always right, so you need to gather information to make better decisions.
Weber for $350 annually, it's a steal.
Indeed, companies will plan your cash flow and help you decide when to sell which commodities and when to buy inputs. But ultimately, the whole decision lies in your ability to pull the trigger.Comment
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For just over $1200 a year you can get a lot of info from 3 or 4 sources.
Overload can be a problem.
No one can or will tell you exactly what to do.
If you struggle with making decisions without an "advisor", you're going to struggle the same with one.
Price out Cargill Marketsense. You can smell their business model for the program a mile away. Options offered are definitely not the same as through your broker. I would say it's profitable. For them.Comment
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I refuse to use a grain company as a grain marketer, like using a fox to guard the hen house. I have tried quite a few but I really like Grain Shark, a couple texts a day to not overload your brain and lots of good recommendations on when to sell or buy Western Canada crops and fertilizer. Probably gains us 1-2 dollars per bushel every year.Comment
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After the past few years many got burnt very bad foreword selling with no crop .Originally posted by westernvicki View Post
we all get it but in areas where production has been very limited and unpredictable, foreword selling can cost the farm way way more than it can benefit.
good example this morning, a few degrees colder and this crop was screwed .
47 frost free days .
without an act of god contract , it can be a suicidal mission .
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All the best info in the world , and no doubt Larry is one of the best , Mother Nature still holds the Trump cardComment
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kostel and weber are great. if they only had more direct information from the actual buyers who are paying the exporters.Comment
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