It is amazing how fast a year plus goes by. It seems like yesterday that we were writing our first reports.
As I sit here and stare at the frozen tundra formerly known has central Nebraska, I do get to think back over the last couple weeks to warmer place, Commodity Classic. This year’s Classic was held in Orlando and was well attended by both farmers and industry. Even in these trying times on the farm, going to a place of sun and warmth helped lift people’s spirits and help to show that there is hope that winter will end and that the farm economy will turn around.
We were able to spend time with fellow corn farmers from around the U.S., debating policy and helping to start determine the next steps of the corn industry in general. We were able to have side meetings with organizations like Growth Energy to talk ethanol, Field to Market to discuss sustainability initiatives and other groups, as we are all focused on continuing to keep the U.S. farmer the greatest farmer in the world. We, being corn, were also able to celebrate my “neighbor” Lynn Chrisp and his role as president of National Corn Growers Association. We got the honor of listening to Sec. Perdue talk about all things ag and it was a better atmosphere than last year when things were a little contentious around the issue of RINs and the ethanol market in general.
And this year would not be complete without honoring the Coors family for the new-found friendship that the corn industry has with them. We, as farmers, understand family and the importance of generations on the farm and the Coors family does, as well. David Coors accepted the award on behalf of MillersCoors and graciously spent time with corn farmers just talking, taking selfies and developing relationships for now and in the future.
Ultimately, that is what Commodity Classic is about. It is about seeing old friends, developing new friendships and planning for the future. While the current landscape looks bleak (or completely frozen and white), the future is bright. As we finish out our time here, we would like to say thank you for allowing us to give a small glimpse of what goes on in our little farm world and we hope you enjoyed reading our column.
Basis levels: Corn, -$0.27 to -$0.44; soybeans, -$1.28 to -$1.43. — Brandon Hunnicutt