Back to Business: Demand Markets to the Rescue.
Presented by: Tregg Cronin
Feb. 23, 7:30 p.m. on Live Zoom
2020 was a year few will ever forget for a number of reasons, especially in agriculture. For the first half of 2020, things looked as bleak as they had at any time in the last decade thanks to coronavirus, uncertainty regarding the “phase-one” trade agreement with China and the prospect of big crops in the United States and South America. As we finished 2020, the landscape changed dramatically with Chinese demand back in full force, U.S. crop sizes continuing to decline and major question marks about South American production. Looking ahead to 2021, the agriculture space has gone from needing to find additional demand to needing to find additional supply. Market fundamentals more closely resemble those from the late 2000s and early 2010s, offering producers great opportunities if they can take advantage.
About the speaker:
Tregg Cronin is a fourth-generation farmer and rancher from Gettysburg, South Dakota as well as a contributing analyst to DTN-Progressive Farmer. Tregg graduated from the University of St. Thomas in St. Paul, MN in 2009 before working for agriculture cooperative CHS, Inc. With CHS, Tregg worked in the company’s grain marketing division as well as its commodity brokerage, CHS Hedging. In 2013, Tregg returned to Cronin Farms while also holding the title of Market Analyst with Halo Commodities out of Fargo, ND. Tregg farms with his wife Sara and son Morgan as well as his father, uncles and cousins in what is truly a family farming operation.