Oct 8, 2018
In this episode of Sorghum Smart Talk, John Duff Sorghum Checkoff renewables program director and National Sorghum Producers strategic business director visits with podcast guest John Miller, owner of Southwest Agribusiness Consulting, Inc. Duff and Miller discuss cost of production in the second episode in a series on marketing.
Miller talks accounting tools and methods of cost tracking based on a "whole-farm approach". Duff and Miller also talk about some of the different methods used by farmers based upon region in determining cost of production and how this data can be beneficial in both the short run and the long run.
Learn how to gain confidence in your marketing decisions in this series on marketing, and tune in to the next installment covering the nuts and bolts of futures and options, hedge to arrive and forward contracting.
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This material should be construed as the solicitation of trading strategies and/or services provided by Southwest Agribusiness Consulting, Inc. Commodity trading is risky and Southwest Agribusiness Consulting, Inc. assumes no liability for the use of any information contained herein. Past financial results are not necessarily indicative of future performance. Information contained herein was obtained from sources believed to be reliable, but is not guaranteed as to its accuracy.
John Miller is a paid contractor for the United Sorghum Checkoff Program.