Financial Risk Management Strategies for 2023 [Video]
This panel was originally presented live at Farmer2FarmerVI in Omaha, NE.
In this educational Farmer2FarmerVI presentation, FBN® crop insurance and market advisory team members review best practices for crop marketing and hedging, insurance, and brokerage strategies.
Cody Bills: Director, U.S. Market Advisory & Brokerage at FBN
Eric Sorensen: Director, FBN Crop Insurance
Josh McClure: Senior Risk Management Advisor, FBN
Key Crop Marketing & Hedging Principles
Keep approach systematic and repeatable
Make decisions based on farm profitability
Utilize crop insurance as a marketing tool
Choose the right tools for the situation
Separate futures and basis decisions
Watch More Farmer2FarmerVI ‘Farm Finance University’ Sessions:
[Ready to learn more about finance and insurance programs from FBN? Complete the form at the bottom of this page to connect directly with a member of our team.]
Copyright © 2014 - 2022 Farmer's Business Network, Inc. All rights Reserved. The sprout logo, and “FBN” are trademarks, registered trademarks or service marks of Farmer's Business Network, Inc.
Neither FBN nor its affiliates endorse, approve, recommend, or certify any information, opinion, product, or service referenced by third parties during Farmer2Farmer.
FBN Brokerage services are offered by FBN BR LLC - NFA ID: 0508695.
Disclaimer: Commodity trading, including futures, hedging and speculating, involves substantial risk of loss and may not be suitable for all investors. Past performance is not necessarily indicative of future results.
All information, publications, and reports, including this specific material, used and distributed by FBN BR LLC shall be construed as a solicitation. FBN BR LLC does not distribute research reports, employ research analysts, or maintain a research department as defined in CFTC Regulation 1.71.
For the purposes of quality assurance and compliance, phone calls to and from FBN BR LLC may be recorded. Contact (877) 472-4607 for more information.
The views and opinions are solely those of the author as of the date of publication, are subject to change at any time due to market or economic conditions, will not be updated or supplemented after the date hereof and may not necessarily come to pass. The views and opinions expressed herein do not reflect those of all personnel at FBN BR LLC (FBN) or the views of the Farmer's Business Network Inc. as a whole.
Any charts and graphs provided are for illustrative purposes only. Any performance quoted represents past performance. Past performance does not guarantee future results. Commodity trading, including futures, hedging and speculating, involves substantial risk of loss and may not be suitable for all investors.
We are an Equal Opportunity Provider. The purpose of the following material is to promote awareness of risk management concepts and to highlight risk management products, features, benefits and availability. This presentation does not provide full details of policy provisions or approved procedures. Producers should consult with a local agent for specific details and program requirements.
FBN Insurance services are offered by FBN Insurance LLC (dba FBN Insurance Solutions Services LLC in Texas, and FBN Insurance Solutions LLC in California and Michigan). FBN membership is not required to purchase through FBN Insurance LLC, but certain features may only be available to FBN members. FBN Crop Insurance is currently offered in all U.S. states.