In this episode, Ryan and Jon analyze the dramatic shift in fund positioning in corn markets, where funds have flipped from being short 350,000 contracts to now being long 100,000-120,000 contracts. They discuss the implications for hedging strategies, South American weather impacts, and the challenges of navigating current market conditions including cattle markets, inflation buying, and political uncertainties. The hosts also explore the psychology of put options and share insights on timing market exits. "Hedge Heads" is your go-to podcast for cutting through the noise of the futures markets. We get down to the nitty-gritty of grain and cattle trading, with a side of equities and crude oil talk, all while keeping an eye on the latest news that affects your bottom line.    Tune in for straightforward insights and expert opinions to help you make more informed decisions on the farm or ranch. Whether you're looking to hedge your bets or get a leg up on the market trends, we've got you covered.   We are always looking for topics and questions. Send yours to [email protected]  

In this episode of Hedgeheads, Ryan Tungseth and Jon Prischmann tackle the perplexing state of commodity markets following recent political developments. The hosts break down why traditional market indicators aren't behaving as expected, from corn spreads to cattle futures. They discuss how South American weather patterns, potential trade policies, and fund positioning are creating one of the most challenging trading environments they've encountered. Despite hopes for post-election clarity, the hosts explain why taking a day-by-day approach might be the best strategy for traders and farmers in these uncertain times. Key topics include corn storage strategies, the disconnect between different commodity sectors, and why even experienced traders are struggling to find clear direction in current market conditions.   "Hedge Heads" is your go-to podcast for cutting through the noise of the futures markets. We get down to the nitty-gritty of grain and cattle trading, with a side of equities and crude oil talk, all while keeping an eye on the latest news that affects your bottom line.    Tune in for straightforward insights and expert opinions to help you make more informed decisions on the farm or ranch. Whether you're looking to hedge your bets or get a leg up on the market trends, we've got you covered.   We are always looking for topics and questions. Send yours to [email protected]

Tired of chasing hot market signals and dreaming of beach-side algorithmic trading? In this eye-opening episode, Ryan and Jon break down the three essential market indicators that serious traders can't ignore: spreads, national basis, and commitment of traders. While everyone else is hunting for the perfect trading algorithm, discover why experience and grit still trump automation in commodity markets. Plus, learn why this year's corn market is showing surprisingly normal patterns (for the first time in years) and what that means for your 2025 hedging strategy. Whether you're a seasoned trader or just starting out, this episode cuts through the noise to reveal what really drives profitable trading decisions. "Hedge Heads" is your go-to podcast for cutting through the noise of the futures markets. We get down to the nitty-gritty of grain and cattle trading, with a side of equities and crude oil talk, all while keeping an eye on the latest news that affects your bottom line.    Tune in for straightforward insights and expert opinions to help you make more informed decisions on the farm or ranch. Whether you're looking to hedge your bets or get a leg up on the market trends, we've got you covered.   We are always looking for topics and questions. Send yours to [email protected]

In this eye-opening episode of Hedge Heads, hosts Ryan Tungseth and Jon Prischmann dive into unexpected developments in the corn market, where unusual global demand patterns are challenging bearish assumptions. The hosts break down why South Korea, Mexico, and other countries are aggressively buying U.S. corn, and what this could mean for prices. They offer practical insights on storage decisions, comparing traditional elevator storage costs against alternative strategies that could save farmers money while maintaining upside potential. Key discussion points include: Analysis of surprising corn export demand and its potential impact Smart alternatives to expensive elevator storage fees Why "path of least resistance" marketing could be costing farmers money Trading psychology tips for better decision-making Preview of emerging opportunities in wheat spreads and interest rate markets Perfect for farmers looking to make critical harvest-time decisions and traders seeking fresh market perspectives. As Jon reminds listeners, "You can't write a book and say do this every year... it changes abruptly. "Hedge Heads" is your go-to podcast for cutting through the noise of the futures markets. We get down to the nitty-gritty of grain and cattle trading, with a side of equities and crude oil talk, all while keeping an eye on the latest news that affects your bottom line.    Tune in for straightforward insights and expert opinions to help you make more informed decisions on the farm or ranch. Whether you're looking to hedge your bets or get a leg up on the market trends, we've got you covered.   We are always looking for topics and questions. Send yours to [email protected]

In this episode of Hedgeheads, Ryan and Jon dive into the confusing market dynamics of October 2024, discussing the surprising surge in gold and silver, monster corn yields across the country, and the potential impact of upcoming elections on commodity markets. They explore the peculiar phenomenon of rising commodity prices alongside a strengthening dollar, while examining signs of possible stagflation. The hosts share practical hedging strategies for navigating these uncertain times and offer insights into divergent market patterns across grains, metals, and energy sectors.   "Hedge Heads" is your go-to podcast for cutting through the noise of the futures markets. We get down to the nitty-gritty of grain and cattle trading, with a side of equities and crude oil talk, all while keeping an eye on the latest news that affects your bottom line.    Tune in for straightforward insights and expert opinions to help you make more informed decisions on the farm or ranch. Whether you're looking to hedge your bets or get a leg up on the market trends, we've got you covered.   We are always looking for topics and questions. Send yours to [email protected]

Join Ryan and Jon as they dive into the latest commodity market trends, from broad-based buying to the intricacies of hedging. Discover why elevators are not your only option, learn about the resurgence in the cattle market, and unpack the difference between hedging and speculating. Whether you're a seasoned trader or new to the game, this episode offers valuable insights on navigating current market volatility and making informed decisions for your farm or portfolio. "Hedge Heads" is your go-to podcast for cutting through the noise of the futures markets. We get down to the nitty-gritty of grain and cattle trading, with a side of equities and crude oil talk, all while keeping an eye on the latest news that affects your bottom line.    Tune in for straightforward insights and expert opinions to help you make more informed decisions on the farm or ranch. Whether you're looking to hedge your bets or get a leg up on the market trends, we've got you covered.   We are always looking for topics and questions. Send yours to [email protected]

In this eye-opening episode of Hedge Heads, Ryan Tungseth and John Prischmann challenge the "all-or-nothing" approach to grain marketing. Against the backdrop of a surprising harvest-time rally, they reveal why flexible hedging strategies are crucial for maximizing profits in unpredictable markets. Learn how to protect your downside while keeping upside potential open, and discover why "gray area" marketing often beats black-and-white decisions. With insights on grains, cattle, and precious metals, plus a look at the broader economic landscape, this episode is a must-listen for any farmer wanting to take their marketing strategy to the next level. "Hedge Heads" is your go-to podcast for cutting through the noise of the futures markets. We get down to the nitty-gritty of grain and cattle trading, with a side of equities and crude oil talk, all while keeping an eye on the latest news that affects your bottom line.    Tune in for straightforward insights and expert opinions to help you make more informed decisions on the farm or ranch. Whether you're looking to hedge your bets or get a leg up on the market trends, we've got you covered.   We are always looking for topics and questions. Send yours to [email protected]

In this episode, Ryan Tungseth and Jon Prischmann dive into the importance of hedging in commodity markets, even when price directions are uncertain. They discuss common misconceptions about hedging, the difference between true hedging and poor trading practices, and the challenges of finding quality market information. The hosts also share insights on market patterns, the impact of news on trading decisions, and the value of personalized hedging strategies. Whether you're a seasoned trader or new to commodity markets, this episode offers valuable perspectives on risk management and market dynamics. "Hedge Heads" is your go-to podcast for cutting through the noise of the futures markets. We get down to the nitty-gritty of grain and cattle trading, with a side of equities and crude oil talk, all while keeping an eye on the latest news that affects your bottom line.    Tune in for straightforward insights and expert opinions to help you make more informed decisions on the farm or ranch. Whether you're looking to hedge your bets or get a leg up on the market trends, we've got you covered.   We are always looking for topics and questions. Send yours to [email protected]  

In this episode of Hedge Heads, hosts Ryan Tungseth and Jon Prischmann explore how cherry-picking statistics—much like in baseball—can distort analysis in the commodity markets. From AI-driven narratives to misleading correlations, they dive into the dangers of relying on selective data in trading. With a mix of humor and hard-hitting truths, Ryan and Jon share insights on how to stay ahead by focusing on fundamentals. Whether you're a trader or just fascinated by market dynamics, this episode will change the way you look at the stats. "Hedge Heads" is your go-to podcast for cutting through the noise of the futures markets. We get down to the nitty-gritty of grain and cattle trading, with a side of equities and crude oil talk, all while keeping an eye on the latest news that affects your bottom line.    Tune in for straightforward insights and expert opinions to help you make more informed decisions on the farm or ranch. Whether you're looking to hedge your bets or get a leg up on the market trends, we've got you covered.   We are always looking for topics and questions. Send yours to [email protected]

In this week’s episode of HedgeHeads, Ryan Tungseth and Jon Prischmann dive into a market rally that’s raising eyebrows. Is this the start of a bullish trend, or just a short-covering blip? They dissect what the bear spreads are really saying and highlight the markets that were jumping off the screen today—especially hogs and platinum. With unexpected twists and potential opportunities on the horizon, tune in to get the insights you need to navigate these uncertain times. "Hedge Heads" is your go-to podcast for cutting through the noise of the futures markets. We get down to the nitty-gritty of grain and cattle trading, with a side of equities and crude oil talk, all while keeping an eye on the latest news that affects your bottom line.    Tune in for straightforward insights and expert opinions to help you make more informed decisions on the farm or ranch. Whether you're looking to hedge your bets or get a leg up on the market trends, we've got you covered.   We are always looking for topics and questions. Send yours to [email protected]

In this episode of Hedge Heads, Ryan and Jon dig deep—literally and figuratively. From Jon’s gardening disasters to the latest twists in the grain markets, they discuss everything from the importance of planting what you actually want to eat, to how the markets love pulling a fast one just when everyone thinks they have it figured out. Tune in for a light-hearted chat that transitions into some serious market insights, with a sprinkle of gardening wisdom (or lack thereof). "Hedge Heads" is your go-to podcast for cutting through the noise of the futures markets. We get down to the nitty-gritty of grain and cattle trading, with a side of equities and crude oil talk, all while keeping an eye on the latest news that affects your bottom line.    Tune in for straightforward insights and expert opinions to help you make more informed decisions on the farm or ranch. Whether you're looking to hedge your bets or get a leg up on the market trends, we've got you covered.   We are always looking for topics and questions. Send yours to [email protected]

In this episode of Hedge Heads, Ryan Tungseth and Jon Prischmann dig into the gritty details of today's commodity markets. As they navigate through the bear markets in grains, they discuss the recent trends in soybean spreads, the ongoing challenges in corn, and why cattle markets are getting particularly "mean" this week. Tune in as they highlight the importance of understanding spreads, debate the impact of economic signals on agriculture, and share some unexpected insights on the effects of policy changes. Whether you're a seasoned trader or just hedging your interest, this episode delivers the goods—no fluff, just the raw market talk you need. "Hedge Heads" is your go-to podcast for cutting through the noise of the futures markets. We get down to the nitty-gritty of grain and cattle trading, with a side of equities and crude oil talk, all while keeping an eye on the latest news that affects your bottom line.    Tune in for straightforward insights and expert opinions to help you make more informed decisions on the farm or ranch. Whether you're looking to hedge your bets or get a leg up on the market trends, we've got you covered.   We are always looking for topics and questions. Send yours to [email protected]

In this episode of Hedge Heads, Ryan Tungseth and Jon Prishmann tackle the tricky terrain where politics meets commodity trading. Kicking off with a spirited debate on why political chatter might be the worst thing for your portfolio, they explore how staying focused on market fundamentals—like corn and soybeans—can lead to better trading decisions. Ryan and Jon share candid insights on the challenges of managing hedges in today’s unpredictable environment and why sometimes the best move is to tune out the noise. Whether you’re tired of the political drama or just looking for smarter trading strategies, this episode has the down-to-earth advice you need.   "Hedge Heads" is your go-to podcast for cutting through the noise of the futures markets. We get down to the nitty-gritty of grain and cattle trading, with a side of equities and crude oil talk, all while keeping an eye on the latest news that affects your bottom line.    Tune in for straightforward insights and expert opinions to help you make more informed decisions on the farm or ranch. Whether you're looking to hedge your bets or get a leg up on the market trends, we've got you covered.   We are always looking for topics and questions. Send yours to [email protected]  

In this episode of Hedge Heads, hosts Jon Prischmann and Ryan Tungseth dive deep into the turbulent waters of the commodity markets, where lately volatility reigns supreme. Jon shares his candid thoughts on the recent political shifts, including the impact of Tim Walz's VP candidacy on biofuels and market policies. With wit and wisdom, Jon and Ryan break down the market’s reaction to the stock market correction, the Federal Reserve's interventions, and the erratic movements in cattle and grains. They explore the intricacies of fund positioning, the influence of weather forecasts on trading decisions, and the often frustrating behavior of cattle prices. Listeners will gain valuable insights into the strategies traders use to navigate these choppy waters, from the art of reading market spreads to the psychological resilience needed to stay afloat. Whether you’re a seasoned trader or just curious about the commodity markets, this episode is packed with expert analysis, market humor, and a realistic look at the unpredictable nature of trading futures. Tune in to hear why volatility is both a trader's nightmare and playground, and learn the importance of having a plan—whether it's for the next trade or the next season. Don't miss Jon's practical advice on how to turn market chaos into opportunities and Ryan’s reflections on the broader economic impacts of these shifts.   "Hedge Heads" is your go-to podcast for cutting through the noise of the futures markets. We get down to the nitty-gritty of grain and cattle trading, with a side of equities and crude oil talk, all while keeping an eye on the latest news that affects your bottom line.    Tune in for straightforward insights and expert opinions to help you make more informed decisions on the farm or ranch. Whether you're looking to hedge your bets or get a leg up on the market trends, we've got you covered.   We are always looking for topics and questions. Send yours to [email protected]

In this episode of Hedge Heads, Ryan Tungseth and Jon Prischmann discuss Jon's extensive experience in commodity trading, from starting in 1998 to becoming a broker in 2004. They delve into the challenges faced by those who missed hedging their grain this summer as corn and soybean prices plummeted, and emphasize the importance of not feeling like you missed out—there are always ways to prepare for the future. Jon shares his journey, starting with reading Ken Roberts' book on a train to Washington and trading while working with Disney on Ice. They also discuss the dynamics of trading beyond grains, including interest rates, stock index futures, bitcoin futures, and cattle and hog futures. Jon highlights the importance of being proactive and flexible in trading strategies to navigate volatile markets successfully. Tune in to learn from Jon's insights and stay ahead in the commodity markets. "Hedge Heads" is your go-to podcast for cutting through the noise of the futures markets. We get down to the nitty-gritty of grain and cattle trading, with a side of equities and crude oil talk, all while keeping an eye on the latest news that affects your bottom line.    Tune in for straightforward insights and expert opinions to help you make more informed decisions on the farm or ranch. Whether you're looking to hedge your bets or get a leg up on the market trends, we've got you covered.   We are always looking for topics and questions. Send yours to [email protected]  

In this episode of HedgeHeads, Ryan Tungseth and Jon Prishmann explore the intricacies of commodity markets, the impact of political events, and personal stories, including Ryan’s son's journey into the Marines and Jon's adventures with Disney on Ice. Join them for insightful discussions and some humor along the way.   "Hedge Heads" is your go-to podcast for cutting through the noise of the futures markets. We get down to the nitty-gritty of grain and cattle trading, with a side of equities and crude oil talk, all while keeping an eye on the latest news that affects your bottom line.    Tune in for straightforward insights and expert opinions to help you make more informed decisions on the farm or ranch. Whether you're looking to hedge your bets or get a leg up on the market trends, we've got you covered.   We are always looking for topics and questions. Send yours to [email protected]

We discuss summer weather and summer prices, Jon's thoughts on hedging, and the state of the cattle and hog markets.   "Hedge Heads" is your go-to podcast for cutting through the noise of the futures markets. We get down to the nitty-gritty of grain and cattle trading, with a side of equities and crude oil talk, all while keeping an eye on the latest news that affects your bottom line.    Tune in for straightforward insights and expert opinions to help you make more informed decisions on the farm or ranch. Whether you're looking to hedge your bets or get a leg up on the market trends, we've got you covered.   We are always looking for topics and questions. Send yours to [email protected]

In this episode we discuss why Jon doesn't like summer weather, but does like summer trading. Also, our takes on the grain and cattle markets recent moves and some trading strategies.    "Hedge Heads" is your go-to podcast for cutting through the noise of the futures markets. We get down to the nitty-gritty of grain and cattle trading, with a side of equities and crude oil talk, all while keeping an eye on the latest news that affects your bottom line.    Tune in for straightforward insights and expert opinions to help you make more informed decisions on the farm or ranch. Whether you're looking to hedge your bets or get a leg up on the market trends, we've got you covered.   We are always looking for topics and questions. Send yours to [email protected]

In this episode, we discuss the USDA, summer weather, flooding, and a little bit on spreads and options.    "Hedge Heads" is your go-to podcast for cutting through the noise of the futures markets. We get down to the nitty-gritty of grain and cattle trading, with a side of equities and crude oil talk, all while keeping an eye on the latest news that affects your bottom line.    Tune in for straightforward insights and expert opinions to help you make more informed decisions on the farm or ranch. Whether you're looking to hedge your bets or get a leg up on the market trends, we've got you covered.   We are always looking for topics and questions. Send yours to [email protected]

In this episode we discuss reports, the USDA, and why Jon doesn't wear pants in the office.   "Hedge Heads" is your go-to podcast for cutting through the noise of the futures markets. We get down to the nitty-gritty of grain and cattle trading, with a side of equities and crude oil talk, all while keeping an eye on the latest news that affects your bottom line.    Tune in for straightforward insights and expert opinions to help you make more informed decisions on the farm or ranch. Whether you're looking to hedge your bets or get a leg up on the market trends, we've got you covered.   We are always looking for topics and questions. Send yours to [email protected]

In this episode, we focus on the Summer seasonals for grain and cattle.    "Hedge Heads" is your go-to podcast for cutting through the noise of the futures markets. We get down to the nitty-gritty of grain and cattle trading, with a side of equities and crude oil talk, all while keeping an eye on the latest news that affects your bottom line.    Tune in for straightforward insights and expert opinions to help you make more informed decisions on the farm or ranch. Whether you're looking to hedge your bets or get a leg up on the market trends, we've got you covered.   We are always looking for topics and questions. Send yours to [email protected]

We discuss the bull and bear case for grains as well as Jon's latest fishing trip.    "Hedge Heads" is your go-to podcast for cutting through the noise of the futures markets. We get down to the nitty-gritty of grain and cattle trading, with a side of equities and crude oil talk, all while keeping an eye on the latest news that affects your bottom line.    Tune in for straightforward insights and expert opinions to help you make more informed decisions on the farm or ranch. Whether you're looking to hedge your bets or get a leg up on the market trends, we've got you covered.   We are always looking for topics and questions. Send yours to [email protected]

We discuss baseball stats for your grain marketing, finding good correlations or are you just trying to make yourself feel good. We also discuss some basic market info.    "Hedge Heads" is your go-to podcast for cutting through the noise of the futures markets. We get down to the nitty-gritty of grain and cattle trading, with a side of equities and crude oil talk, all while keeping an eye on the latest news that affects your bottom line.    Tune in for straightforward insights and expert opinions to help you make more informed decisions on the farm or ranch. Whether you're looking to hedge your bets or get a leg up on the market trends, we've got you covered.   We are always looking for topics and questions. Send yours to [email protected]

In this episode we discuss spreads with a little bit about the weather, plantings, and marketing from your backyard.   "Hedge Heads" is your go-to podcast for cutting through the noise of the futures markets. We get down to the nitty-gritty of grain and cattle trading, with a side of equities and crude oil talk, all while keeping an eye on the latest news that affects your bottom line.    Tune in for straightforward insights and expert opinions to help you make more informed decisions on the farm or ranch. Whether you're looking to hedge your bets or get a leg up on the market trends, we've got you covered.   We are always looking for topics and questions. Send yours to [email protected]

We discuss options, seasonality, why long term options might be the better play this time of year, and the garden.    "Hedge Heads" is your go-to podcast for cutting through the noise of the futures markets. We get down to the nitty-gritty of grain and cattle trading, with a side of equities and crude oil talk, all while keeping an eye on the latest news that affects your bottom line.    Tune in for straightforward insights and expert opinions to help you make more informed decisions on the farm or ranch. Whether you're looking to hedge your bets or get a leg up on the market trends, we've got you covered.   We are always looking for topics and questions. Send yours to [email protected]    

This week we discuss planting delays, just scratch the surface on spreads, and discuss short-term options and volatility.   "Hedge Heads" is your go-to podcast for cutting through the noise of the futures markets. We get down to the nitty-gritty of grain and cattle trading, with a side of equities and crude oil talk, all while keeping an eye on the latest news that affects your bottom line.    Tune in for straightforward insights and expert opinions to help you make more informed decisions on the farm or ranch. Whether you're looking to hedge your bets or get a leg up on the market trends, we've got you covered.   We are always looking for topics and questions. Send yours to [email protected]    

In this episode we discuss the latest USDA report. Volatility and why it matters. Option straddles and what they mean, and more...   "Hedge Heads" is your go-to podcast for cutting through the noise of the futures markets. We get down to the nitty-gritty of grain and cattle trading, with a side of equities and crude oil talk, all while keeping an eye on the latest news that affects your bottom line.    Tune in for straightforward insights and expert opinions to help you make more informed decisions on the farm or ranch. Whether you're looking to hedge your bets or get a leg up on the market trends, we've got you covered.   We are always looking for topics and questions. Send yours to [email protected]    

On this episode we talk about grains going up finally. Why and what does that mean? We don't know either, but we have some ideas.    "Hedge Heads" is your go-to podcast for cutting through the noise of the futures markets. We get down to the nitty-gritty of grain and cattle trading, with a side of equities and crude oil talk, all while keeping an eye on the latest news that affects your bottom line.    Tune in for straightforward insights and expert opinions to help you make more informed decisions on the farm or ranch. Whether you're looking to hedge your bets or get a leg up on the market trends, we've got you covered.   We are always looking for topics and questions. Send yours to [email protected]

Not a real episode, just an update. See you next week. But exciting news coming, thanks to Patrick Lundberg and Outstate Brewing!   "Hedge Heads" is your go-to podcast for cutting through the noise of the futures markets. We get down to the nitty-gritty of grain and cattle trading, with a side of equities and crude oil talk, all while keeping an eye on the latest news that affects your bottom line.    Tune in for straightforward insights and expert opinions to help you make more informed decisions on the farm or ranch. Whether you're looking to hedge your bets or get a leg up on the market trends, we've got you covered.   We are always looking for topics and questions. Send yours to [email protected]      

"Hedge Heads" is your go-to podcast for cutting through the noise of the futures markets. We get down to the nitty-gritty of grain and cattle trading, with a side of equities and crude oil talk, all while keeping an eye on the latest news that affects your bottom line.    Tune in for straightforward insights and expert opinions to help you make more informed decisions on the farm or ranch. Whether you're looking to hedge your bets or get a leg up on the market trends, we've got you covered.   We are always looking for topics and questions. Send yours to [email protected]

Our first attempt at a remote podcast.  "Hedge Heads" is your go-to podcast for cutting through the noise of the futures markets. We get down to the nitty-gritty of grain and cattle trading, with a side of equities and crude oil talk, all while keeping an eye on the latest news that affects your bottom line.    Tune in for straightforward insights and expert opinions to help you make more informed decisions on the farm or ranch. Whether you're looking to hedge your bets or get a leg up on the market trends, we've got you covered.   We are always looking for topics and questions. Send yours to [email protected]