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    Business

    The Elevator’s Cut Podcast

    The grain merchandisers podcast where Roger and Jason capture the big topics and challenges of the grain industry with humor, pragmatism, and simplicity. With a few decades of combined experience in the basis trading, brokerage, and farm marketing spheres, they use their experiences and knowledge of their area of the grain business to shed some light on what they can, and debunk some myths and exaggerations that exist in the grain industry.

    There is a risk of loss in futures and options trading. Past performance is not necessarily indicative of future results.

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    Latest Episodes:
    Canada‘s Cut Sep 28, 2021
    Show notes

    For this episode, we cross international lines to talk with the (in)famous Pete Archer from Maizieing Acres in Ontario. Pete tells us his personal story as a grain farmer and eventual commercial grain elevator and gives us great insight on how basis trading actually works when trading across borders and currencies.


    Harvest is Transitory Aug 31, 2021
    Show notes

    The guys delve into the reality that bushels will likely be hunting for space this year, and what that means for the value of space amid the sad-trombone spread structure currently in place (hint: don’t pay too much for the basis!) They also get into the nitty gritty of the real cost of running a grain elevator and how your policies can help (or hurt) your ability to cover those costs. As always, the anecdotes are free for our valued listeners.


    Academia's Cut Aug 24, 2021
    Show notes

    We are joined by University of Arkansas Professor, Dr. Mckenzie, to discuss the grain business and how he has been able to bridge the gap between academia and pragmatic cash grain trading through his career. He also shares with us his perspective about what qualities young people are looking for in an employer as they begin their careers (and it's not what you might think). Finally, we discuss his very intriguing work on the psychology of farm marketing.


    Chicago's Cut Jun 23, 2021
    Show notes

    We sit down with Fred Seamon, Executive Director of Commodity Research and Product Development at CME Group, to discuss all the buzz and consternation around the corners of the internet for the agricultural world. Of course, we also delve into the zeitgeist of this season. Fred sets us straight on how the commercial side is affected by HFT, algos, convergence, and more. And he does it all in a clear and simple way that even a couple guys from Arkansas can understand.


    Banker’s Cut 2021 Rally Edition May 11, 2021
    Show notes

    Long time friend of the show Jeff Reardon spends some time with us going over how the financial side of the business is handling this big rally year. He also tells us how commercial grain business margins are faring this year based on his unique analysis and metrics.


    Widening Your Horizons (or is it narrowing?) Apr 06, 2021
    Show notes

    Ashley Bettenhausen (@TheFarmWifey) joins the guys all the way from up north to share her trials and triumphs as a female grain originator from a non-ag background. And of course, she sets the record straight on just exactly how proper spread terminology do.


    Interview with Chad Felderhoff Feb 24, 2021
    Show notes

    What does grain merchandising, family business transition, and dog food have in common? More than you might think. Join the guys as Chad takes us down his professional pathway and sheds some light on that ol grain business chestnut, "its different around here."

    (Spoiler Alert: it ain't)


    Surviving Prosperity; Why Rallies are Terrible Feb 03, 2021
    Show notes

    It seems like all people in the grain business want is a rally, but why are so many people miserable right now? Your humble hosts delve into the zeitgeist of the big grain rally and discuss what's so difficult about it for the farmer and the commercial. Clear your schedule for half an hour and enjoy this episode nearly dubbed "The China Cut"


    There's An App For That Jan 19, 2021
    Show notes

    The guys chat with CEO/Co-Founder of Bushel Jake Joraanstad, and Chief Market Officer Camille Grade to discuss the way technology is improving the grain business. We hear about the story of this Fargo based Ag-Tech firm and what they are doing to make the grain elevator and farmer relationship more transparent and streamlined. We also discuss what's out there on the horizon for technology advancements in the years to come.


    Make Spreadz Great Again Nov 19, 2020
    Show notes

    2020 has been the most unique year we’ve had in a while, and spreadz are not immune to this year’s wonkiness. While we haven’t seen this type of spread action in the grain biz in a few moons, they are not unheard of and in fact, once understood, flat & inverted markets can provide the astute merchandiser with both profit and fun. Probably.


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