Rephonic
Artwork for Morning Coffee and Ag Markets
Soybeans
Rice
Arkansas
Corn
Crop Insurance
Federal Reserve
Cotton
Prevented Planting
Floating Solar Panels
Farm Bill
Fertilizer Prices
Arkansas Poultry Industry
Expanding Access To Risk Protection (ERP) Rule
Rice Market
PRF Insurance
University Of Arkansas
Lawrence County
Urea
May 2026 WASDE
Prevented Plant

This podcast delivers weekly insights for the agriculture industry, covering everything from farm-level risk management to market volatility and production challenges. Beyond the farm, we discuss key supply chain issues, like Federal Reserve policies, port strikes, and Mississippi River disruptions, affecting everyone from producers to those all along the supply chain. Join us every Monday morning... more

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Artwork for Morning Coffee and Ag Markets

Latest Episodes

Hunter Biram is joined by Scott Stiles to go through the July 2026 WASDE report and what it means for Arkansas producers. They cover the sharp cut to long-grain rice production, now the smallest crop since 1993, and a higher price outlook. The conver... more

The Federal Reserve Open Market Committee's June 2026 meeting ended in a federal funds rate hold, but the odds of a rate hike by September have jumped to nearly 70%. Hunter Biram and Ryan Loy unpack what's driving the shift, from lingering energy-pri... more

Rice acreage in Arkansas just hit a 50-year low, so what's driving farmers away from a crop they've grown for generations? Hunter Biram and Scott Stiles break down the 2026 USDA June Acreage Report, exploring why rice and peanut acres fell while cott... more

Chapter 12 bankruptcy filings are up 20% year over year, with Arkansas leading the nation. Hunter Biram, Ryan Loy and LSU's Mike Deliberto break down where filings are concentrated, why rising input costs have eaten into recent crop price gains, and ... more

This week on Morning Coffee and Ag Markets, Hunter Biram visits with Arkansas Agricultural Hall of Fame inductee Carl Brothers about the history of rice marketing assistance loans, world market price calculations, and the growing possibility of loan ... more

Hunter Biram is joined by Enil Serrano and Grant Gardner to discuss the Crop Insurance Decision Maker, a web-based tool developed by the University of Arkansas and University of Kentucky that evaluates expected net returns across different crop insur... more

USDA's new Expanding Access to Risk Protection (EARP) rule eliminates the option for producers to purchase an additional 5 percentage points of prevented planting coverage. In this episode, Hunter Biram and Ryan Loy discuss what this change means for... more

This week’s Morning Coffee and Ag Markets Podcast revisits a 2025 episode on prevented planting decisions for Arkansas rice producers as the 2026 final planting date arrives. Hunter Biram and Ryan Loy discuss when prevented planting may be financiall... more

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Recent Guests

Dr. Mike Deliberto
Agricultural economist, LSU
Louisiana State University
Episode: Episode 93 - Chapter 12 Bankruptcy Filings are up 20%, Underscoring the Impact of the Farm Safety Net on Crop Farmers
Carl Brothers
Rice industry veteran with decades of experience in rice merchandising, export markets and agricultural policy
Riceland Foods
Episode: Episode 92 - The long grain rice world market price for the 2025 crop approaches the USDA marketing loan rate for the fourth time since 2001
Enil Puerto
Guest economist discussing crop insurance and FSA programs
University of Kentucky
Episode: Episode 91 - Analyzing the relationship between the yield ratio and optimal crop insurance coverage levels
Scott Stiles
Agricultural economist; guest discussing May 2026 WASDE
Episode: Episode 88 - May 2026 WASDE Highlights for U.S. Supply and Demand
Brad Doyle
Soybean industry advocate and farmer
Eagle Seed
Episode: Episode 87 - 100 Years of Arkansas Soybeans
Doug Hartz
Farm management and real estate entrepreneur; involved in seed and grain equipment businesses
Harco; seed business
Episode: Episode 87 - 100 Years of Arkansas Soybeans
Jeremy Ross
Extension Agronomist for Soybeans, University of Arkansas
University of Arkansas Division of Ag
Episode: Episode 87 - 100 Years of Arkansas Soybeans
Hunter Biram
Guest, agricultural economist
University-RAF partnership (Arkansas/U of MO RAF collaboration)
Episode: Episode 86 - Arkansas net farm income remains steady in 2026 driven by government assistance
Eunchun Park
AI and research colleague discussing an integrated decision-support tool
AI Geek Consulate
Episode: Episode 85 - Arkansas Farmer Decision Support Tool

Hosts

Ryan Loy
Co-host and economist focusing on markets, Fed policy, and farm budgeting.
Hunter Biram
Host with a focus on agricultural economics and state-level market dynamics.

Talking Points

Recent interactions between the hosts and their guests.

Episode 53 - July WASDE: Heavy Stocks Keep Pressure on 2025 Price Outlook
Q: So Scott, can you just kind of give us an overview? What do you think is the most important signal that you see in this July WASDE and the implications for the next few months?
The focus is on a higher yield signal for corn than the July 181 bushel per acre baseline, which is driving price pressure despite lower acres. The market is also watching for how production cuts are offset by demand adjustments and how exports evolve given global competition, with August revisions possible as more data comes in.
Episode 55 - Do Daily Large Export Sales Reports Move Markets?
Q: Could you walk us through what the daily large export sales reports are and how they're different from other USDA reports like WASDE or weekly export reports?
The daily export sales report is managed by the Foreign Agricultural Service and records unanticipated large sales, creating a two-day lag before the market learns of them, whereas weekly reports summarize known shipments; the key difference is the surprise element and timing, which can lead to sharp, unexpected price moves.
Episode 57 - USDA’s August Crop Forecasts Point to Record Corn and Soybean Yields
Q: Is the August WASDE normally a market mover?
It typically isn't, but this month surprised the market with big changes, especially in yields and acreage, leading to notable price moves and adjustments in the balance sheet.
Episode 61 - Margin Protection (MP) and Margin Coverage Option (MCO) Sales Closing Date for Corn and Soybeans is September 30, 2025
Q: How does the price discovery window benefit producers compared to the traditional January–February window for other protections?
The window for MP in corn and beans runs August 15–September 14, which can allow producers to lock in or secure a higher price earlier than winter NPCI scenarios, though it should not be viewed as a guaranteed advantage; it's a different tool with its own set of risks and covariates.
Episode 61 - Margin Protection (MP) and Margin Coverage Option (MCO) Sales Closing Date for Corn and Soybeans is September 30, 2025
Q: What exactly is margin protection insurance and how does it differ from traditional revenue or yield protection products?
MP provides a margin guarantee based on county-level revenue estimates, using futures-based prices for inputs and a harvest price to determine indemnities, which can lead to net indemnities that cover or exceed the premium under certain price and yield scenarios. It is not farm-level yield or input usage, so it emphasizes county-level margins rather than individual farm performance.

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Frequently Asked Questions About Morning Coffee and Ag Markets

What is Morning Coffee and Ag Markets about and what kind of topics does it cover?

The show delivers data-driven insights on agricultural economics, risk management, and market dynamics, with a steady stream of episodes centered on crop budgets, policy changes, and price forecasting. Across recent episodes, listeners hear practical guidance on decision-making under uncertainty—from insurance and planting choices to WASDE implications and crowding-in risks from input costs, weather, and geopolitical events. A recurring strength is turning complex analyses into actionable takeaways for farm managers, lenders, extension agents, and industry stakeholders, often featuring university economists, extension specialists, and seasoned farmers who translate research into field-level budgeting and planning. A notable edge is the use ... more

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Which podcasts are similar to Morning Coffee and Ag Markets?

These podcasts share a similar audience with Morning Coffee and Ag Markets:

1. Grainiacs
2. Arkansas Row Crops Radio
3. Arkansas AgCast
4. Grain Markets and Other Stuff
5. Thunder & Lightning

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Morning Coffee and Ag Markets launched 2 years ago and published 98 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on Morning Coffee and Ag Markets?

Recent guests on Morning Coffee and Ag Markets include:

1. Dr. Mike Deliberto
2. Carl Brothers
3. Enil Puerto
4. Scott Stiles
5. Brad Doyle
6. Doug Hartz
7. Jeremy Ross
8. Hunter Biram

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