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Showing posts with the label farm economy

Van Trump Report

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  Last week, I presented some free Van Trump report information. Here’s a quick summary. Van Trump thinks interest rates, and the US Dollar will decline which should eventually help US commodity exports. Stock market: short-term unsteady, long-term Van Trump is bullish. On inflation, as energy production increases, expect both fuel prices and inflation to decline. Fuel and freight costs are around 25% of most cost of goods.  Van Trump offered some insight on the Generation Z. Most like to travel, like really good healthy food and they are willing to pay for it. Many do not want to buy a house and would rather rent to be free to travel. They tend to want the best of everything now, so many are broke. They like to work from home and do not want to physically go to work but overall; their job satisfaction tends to be low. They are not learning from their co-workers. That hurts productivity.   Van Trump expects that very soon artificial intelligence (AI) will take over m...

Van Trump Report

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  Many farmers subscribe to the (Kevin) Van Trump Report. Last week, Kevin and I were in Peoria, Illinois, speaking. Here’s a free summary of Kevin’s thoughts on the farm economy. First, Kevin came from a small Missouri farming community. He worked as an NFL football assistant coach. He’s a big (large) man with a huge personality! He’s fun and mostly optimistic about agriculture. Then he started working at the Chicago Board of Trade buying and selling commodities. He was successful. Why? One, he is easy to see and notice (large frame, booming voice). Two, his colleagues said he had an unfair advantage. Since he came from a farming community, he knew how farmers thought and had many farming friends. However, he also knew many capital investors (NFL owners, coaches, doctors, lawyers, bankers, etc.). He knew how to trade both sides. The following is what Kevin Van Trump thinks, good or bad. On tariffs , there are tons of unknowns, but he thinks something needs to be done. Too many...