MGEX Records Highest Volume in 2017

Carrie Muehling

MGEX recorded its highest calendar year volume in 2017 at 2,803,549 contracts. This number broke the previous record set in 2015.

In addition, MGEX options volume for 2017 nearly doubled the preceding record of 61,226 contracts set in 2002. The Exchange also set a new annual electronic volume record with numbers 22 percent higher than the previous one. The best month was June 2017, with a record daily electronic volume happening on June 29 with 34,917 contracts.

Markets

ZimmDot by Echo

Chuck Zimmerman

“Alexa, where in the world is the Golden ZimmComm Microphone?” No, that’s not an Alexa skill yet. But we’re looking into skills for the hottest product of the latest holiday season – the Echo Dot (and the rest of the Echo family).

We’re affectionately calling this one you see, the ZimmDot. There are actually quite a few ZimmDots being activated as we speak. I think we’re up to four just in ZimmComm World Headquarters!

Voice activated, internet connected, technology is just the latest way we’re going to be seeing more and more applications in the agricultural sector. It’s not brand new but growing as these devices develop more capabilities. And like with smart phones, agribusiness will be making innovative use of a “consumer” technology to farm smarter. Of course, that’s just my opinion. But in 2018 I think we’re going to see more and more of this technology.

In fact, there are already agricultural skills on Alexa. Here are a couple:

Hoosier Ag Today
Successful Farming
CropInfo Choupal

Would your company like to partner up on an Alexa skill? I’m open to ideas at this point. Just let me know

Apps, Technology

2017 in Pictures

Cindy Zimmerman

2017 is just a memory now, so we compiled some of our favorite photos from the 50 events we attended this year so you can relive it!

This album includes some of our favorite shots of the year, our favorite people, and some of the many inductees into the Golden Mic Club. There’s only 200 out of more than 10,500 put into over 60 Flickr photo albums this year, so it is only a small sample, but it took hours to go through them all!

To watch as a slide show, just click the button in the upper right above the title photo that with an arrow in it. Enjoy!

ZimmComm 2017 Year in Pictures

AgWired Animal, AgWired Precision, Photography, ZimmComm Announcement

Precision Ag Bytes 1/3

Carrie Muehling

  • AgJunction Inc., a leader in automated steering and machine control technology for precision agriculture, has filed a patent infringement lawsuit in the Western District of Texas against Raven Industries, Inc. The lawsuit alleges that Raven products violate three AgJunction patents related to automated mechanical steering, implement steering and system calibration technologies. The lawsuit seeks monetary damages and an injunction to prevent Raven from selling any products infringing AgJunction’s patented technology.
AgWired Precision, Precision Ag Bytes

GROWMARK Announces 2018 Essay Contest Winners

Cindy Zimmerman

GROWMARK has announced the winners of the 2018 GROWMARK essay contest for FFA members. The theme of this year’s contest was “How can cooperatives demonstrate their value to the next generation of agriculturists?”

The four state winners are:
Ross Tompkins of Smithboro, Illinois
Anna Campbell of Hamlin, Iowa
Chloe Momphard of Troy, Missouri
Audrey Pelikan of Jefferson, Wisconsin

Tompkins is a student at Mulberry Grove High School and a member of the Mulberry Grove FFA chapter. His FFA advisor is Matt Elam. Campbell is a student at Audubon High School and a member of the Audubon FFA chapter. Her FFA advisor is Brittany Elmquist. Momphard is a student at Troy Buchanan High School and a member of the Troy FFA chapter. Her FFA advisor is Rob Calvin. Pelikan is a student at Jefferson High School and a member of the Jefferson FFA chapter. Her FFA advisor is Gary Olson.

Each state’s contest winner receives a $500 award from GROWMARK at their state FFA convention. The winner’s FFA chapter also receives a $300 award in honor of their accomplishment.

This is the 25th year for the program, sponsored by the GROWMARK System and FS member cooperatives, in conjunction with state FFA leaders, to help young people develop their writing skills, learn about current issues in agriculture, and understand the unique role of cooperatives.

Read more here.

FFA, GROWMARK

Top 4 Trends Impacting Agricultural Communications

Chuck Zimmerman

Are you worried about the direction that agricultural communications has taken in the last year? If so, you’re not alone. I’ve had many conversations with friends in the industry who are having trouble understanding all the changes. I have thought about it a lot since the trends or factors impacting these changes have also affected my business. I’ve come up with a top four list. I’m sure you can think of others and if you do, please feel free to comment and add your thoughts on this.

So, here are my top trends that are having big impacts on agricultural communications:

  • Continued explosion of media disintermediation – technology (new media) allowing everyone to directly communicate with everyone else in the whole world without a gatekeeper like traditional media (print/radio/tv). This includes agribusiness employees and farmers, some of whom are now being considered “media” themselves and getting paid to do social media. More and more of these folks are sitting right alongside reporters in press rooms and participating in press conferences. Of course, a lot of farm reporters farm or grew up on farms but I’m talking about farmers who have taken social media to heart and are very talented writers (for the most part).
  • Boom in mergers and acquisitions causing change and uncertainty – decades old relationships are being fractured as people are retiring or being moved and new people without benefit of historical connections are making critical communications decisions. You can probably think of at least one major communications decision a company has made that just leaves you scratching your head and wondering, “What are they thinking?”
  • Agencies growing as content creators/publishers for clients – agencies have been starting stand alone production companies or investing in internal resources to perform media production which used to be outsourced to freelancers and traditional media. This is directly related to the next point. In order to just stay even financially, much less grow, when dollars become more scarce smart companies look for new ways to generate revenue, even if it is what we used to call “incremental” dollars. Hey, they all add to the bottom line!
  • Commodity prices sliding downward and budgets shrinking – even with lots of optimistic financial forecasting talk, budget cutting is real and hitting all participants in agricultural communications hard and forcing some major changes in staffing, capabilities and growth plans. In the last year I’ve seen more people looking for new opportunities than I can remember.

What is your company doing different when it comes to public relations, advertising, marketing, communications? Doesn’t matter if you are an agribusiness, farm, print publication, broadcast, web publication or all of the above. How are you handling the current market factors? I’d love to hear your thoughts for a follow up to this soon. Thanks.

Uncategorized

Animal Ag Bites 1/2

Carrie Muehling

  • Dairy Strong 2018 will be held Jan. 17-18 at the Monona Terrace Community and Convention Center in Madison, Wis. The conference will bring together more than 700 farmers, corporate professionals and government and university representatives to explore the future of an integral part of the culture and economy of Wisconsin and the nation. It will include a panel discussion about the changing landscape of milk marketing and trade in the United States and globally featuring a panel of CEOs from the Wisconsin Milk Marketing Board, The National Council of Farmer Cooperatives and the International Dairy Foods Association.
  • The American Sheep Industry Association Washington, D.C., Trip is scheduled for March 5-7, 2018. Attendees will stay at the Marriott Courtyard Washington Capitol Hill/Navy Yard. Those interested in attending should consult with their state sheep association. Attendees will travel into the nation’s capital on Monday, March 5, before meeting with representatives from the U.S. Department of Agriculture on the following day. Time that afternoon and the morning of March 7 will be reserved for visiting with congressional leaders.
  • A new generation of consumers is getting to know beef through the new beef checkoff-funded Beef. It’s What’s For Dinner. campaign, launched in October. To celebrate the 25th anniversary of its introduction, the iconic brand has been refreshed, celebrating its reintroduction to a variety of today’s consumers, channel partners and food influencers. State beef councils are beginning to extend the campaign’s content and features, including the campaign’s “Rethink the Ranch” anthem video and related video spots, showcasing real, hard-working farmers and ranchers from around the country.
  • Nearly 150 4-Hers from 26 states participated in the National 4-H Poultry and Egg Conference at the Kentucky Fair and Exposition Center in Louisville. Opportunities included five separate competitive events: poultry judging, chicken barbecuing, turkey barbecuing, an egg preparation demonstration and an avian bowl (a game of poultry and egg jeopardy). Poultry and egg industry leaders also participated in a Poultry Careers workshop, exposing the 4-Hers to valuable information about career and educational opportunities in the poultry and egg industry.
AgWired Animal, Animal Bites

Top AgWired Stories of 2017

Cindy Zimmerman

Mergers and acquisitions, new technology and a new administration dominated agribusiness news in 2017, but the top story was the sudden passing of a livestock industry leader taken from us too soon. Here is our top ten most viewed and shared posts on AgWired in 2017:

1. Ag Community Remembers Adam McClung
2. John Deere Rolls Out Smarter S700 Combines
3. Monsanto Moving Toward Bayer Merger
4. Don Funk Relaunches Midwest Seed Genetics
5. General Mills Backing Soil Health Program
7. Bayer Opens Texas Cotton Breeding Station
8. Aptimmune Launches World’s First Mucosal PRRSV Vaccine
9. Cellerate + Enogen Could Meet Cellulosic Ethanol Goal
10. Presidential Inaugural Parade to Highlight Agriculture

ZimmComm Announcement

USFRA Promotes Food Evolution in Times Square

Cindy Zimmerman

As New Year’s Eve revelers fill Times Square this weekend, towering over them will be a jumbotron advertisement for the movie Food Evolution being promoted by the U.S. Farmers and Ranchers Alliance (USFRA).

“We do have one of those huge 60 by 30 foot screens in Times Square that several times an hour a 15 second ad will come on and talk about Food Evolution,” said USFRA CEO Randy Krotz. “This is a film that really does change people’s minds.”

Food Evolution was commissioned by the Institute of Food Technologists (IFT), and directed by Academy Award®-nominated director Scott Hamilton Kennedy. It can be found on Hulu, iTunes, and Amazon Prime.

Listen to Randy’s comments about the Times Square ad and watch it in the video below. USFRA CEO Randy Krotz on Times Square ad


Audio, Biotech, Food, GMO, USFRA, Video

Zimfo Bytes 12/29

Carrie Muehling

    • CommoditAg.com is now live and accepting online orders. CommoditAg is an easy-to-use online ordering platform utilizing an extensive network of local warehouses offering high quality agriculture products at low prices direct to your farm. CommoditAg is offering FREE delivery for a limited time within the states of Illinois, Indiana, Iowa, Kansas, Ohio, and Wisconsin for orders over $5,000. Free shipping is also offered for orders over $10,000 in Missouri, Nebraska, South Dakota, and Minnesota. After the initial launch period, CommoditAg will offer free delivery within 50 miles of any participating warehouse location before March 15. Growers are also welcome to pick-up their online order at any one of the warehouse locations. More CommoditAg warehouses will be announced in the coming weeks.

    • The Minnesota FFA Foundation Board of Trustees recently held elections. Elected to serve as chair this year –Kyle Petersen of Murdock, chair elect- Natasha Mortenson of Danvers, secretary-Veronica Bruckhoff of Minnesota Lake, treasurer- Pat Dingels of Redwood Falls and executive sponsors board chair – Kevin Paap of Garden City, and past chair – Donna Moenning of Hayfield. Newly elected to the Minnesota FFA Foundation board of Trustees – Mark Dorenkamp of Brownfield Ag News.
Zimfo Bytes