Do you know if you’re getting a good discount on seed? Are you getting the best discount possible for being a loyal customer to the brand you buy, or does your neighbor get a better deal because of the volume of seed he purchases? In this episode of the FBN podcast, we’re talking corn seed discounts, how to develop a data-driven grain marketing plan that works, as well as soybean germination and quality, which has been on a lot of minds since harvest.
Trends from the FBN Corn Seed Discounts Report
How much, or how little, does discounting impact the ultimate price you pay for corn seed? A lot of farmers have asked us this question, and many have told us that they think they could be getting a better deal on seed, and that they are pretty sure their neighbor is getting a better deal… but they don’t know for sure. That’s why we had our data science team conduct an analysis and special report on discounts in corn seed to find out just how much discounts vary and what you can do about it.
Matt Meisner, head of data science at FBN, walks through the report, sharing which brands discount the most, how discounts ranges vary by brand, and how discounts vary by state and by customer loyalty. If you’re a long-time customer of a seed brand, you might not be getting a better discount than a new customer.
Soybean quality, germination and seed treatments
The questions keep rolling in about soybean seed quality. Farmers are asking: "Will a late harvest and all the wet weather at harvest impact my soybean seed supply for planting?" Well, the answer is pretty simple: Yes.
While most farmers try not to get mad at a good rain, the abundance of water that many areas saw around harvest time created the ideal conditions for fungi, shattering and rotting; and the worst possible conditions for getting equipment into the field to protect the seed quality that might have been left.
Steve Sick, senior seeds product expert at FBN, talks about how seed treatments really work, and what should be (or not be) in your seed treatment program. If you’ve been wondering about soybean germination rates, and whether they’ll be what you want to see, listen in for some practical tips to maximize your soybean seed quality.
Starter fertilizer makes for a strong start
Are you thinking about a starter fertilizer this spring? Did you know that a starter can help you maximize crop yield potential, and that the benefits should be easy to spot—a more uniform plant stand, early seedling vigor, reduced weed competition and the potential to see a yield increases. No one can guarantee a yield increase, of course, but using a starter fertilizer can be an important step in meeting your yield goals.
Every year, you work hard to get your crop off to a strong start, and your nutrient applications play an important part in that. LeRoy Toohey, senior staff agronomist at FBN, about the benefits of using a starter fertilizer, how to make sure your corn is getting the right amount of nitrogen, and how to balance nutrient efficiency.
The FBN grain marketing "why"—insights and advice
Farmers have told us that they feel like their hands are tied when it comes to the ups and downs of the roller coaster that is the commodities market. Ben Harms, head of strategy and operations for FBN Crop Marketing is on the podcast in this episode to talk about how FBN is helping farmers get both the insights and advice you want, so you can develop a data-driven grain marketing plan that works, and how you can get more affordable options and expert service around actually selling your grain.
Ben has been a core part of the crop marketing team at FBN and he shares why and how the team has developed the opportunities we have today to help farmers market their grain and make sense out of the commodities markets.
Do you have questions about the FBN network?
About how you can gain more choice, freedom and transparency in your farming business, and make sure the industry is working for you?
Send us your questions at firstname.lastname@example.org.
We'll answer them on the podcast. From seed industry pricing practices to simplifying the ups and downs of the grain markets, we’ll get your questions answered as best we can. It's another way we're putting Farmers First®.
FBN Crop Marketing is offered by FBN CM LLC and is only available where FBN CM LLC is licensed. We do not guarantee customers will receive specific benefits or value for participating. Results will vary and may result in loss. In addition to being an FBN member, additional terms and conditions apply to qualify for our offerings. Mobile, exchange, N-F-A, and clearing fees representing C-B-O-T grain contracts will apply. Exchange fees may vary by product. Trades executed on mobile phone will be assessed an additional 25 cents per side. Total fees per side are typically about $3.00 per side. The risk of trading futures and options can be substantial and may not be suitable for all investors. All information, publications and reports, including the specific material used and distributed by FBN BR LLC shall be construed as a solicitation. FBN BR LLC does not distribute research reports, employee research analysts, or maintain a research department as defined in CFTC regulation 1.71. This podcast contains information obtained from sources believed to be reliable, but its accuracy is not guaranteed by FBN BR LLC. Past performance is not necessarily indicative of future results. For the purposes of quality assurance and compliance, phone calls to and from FBN BR LLC may be recorded.