A Chicagoan but Iowa native. Interests are farming, livestock, commodity markets, risk management, Hawkeyes, and sailing. Love for family and Christianity.
We are excited to share that as we look to the future and consider how best to continue our growth and provide the high level of service our sophisticated client base has come to expect from us, we have made a strategic decision to enter into an agreement to be fully acquired, subject to customary regulatory approvals and closing conditions, by a partner who we strongly believe can best assist us with this next phase of our development. After conducting extensive due diligence, we believe we have found the right partner with Tokio Marine Holdings, Inc. (TMHD).
CIH and TMHD have already been working together over the past six years through our insurance agency and supporting our livestock insurance offerings. We are excited to have found a partner that has a deep understanding of our business and shares a long-term strategic vision for how best to achieve growth in our core markets. TMHD's strong financial position and long-term capital base provide stability, giving CIH the opportunity to pursue strategic initiatives to enhance our comprehensive client offering. Most importantly, TMHD's strategic long-term operational approach resonated with CIH and how our clients plan and operate.
The CIH management team will remain intact in this new partnership, and there will be no change in the high standard of client services the industry expects from CIH, including the staff who serve our clients. We remain committed as ever to adding value to operations and serving commodity risk management needs in what is sure to be a dynamic and increasingly complex landscape.
"Commodity & Ingredient Hedging (CIH), a leading provider of tech-enabled risk management services across the agricultural markets, today announced its acquisition of Advance Trading (ATI), a leading provider of risk management and brokerage services to the grain industry."
Official press release here: https://t.co/ofml8BrWcr
Jeremy Clarkson, "A tractor, £200k, a combine, £500k, the equipment costs a fortune, and if you try to price what you're selling there's just a lot of moaning"
"You get people saying, I'm not going to pay that, I can get a chicken from abroad. Yeah, you can. But it's so full of chlorine, it tastes like a swimming pool with a beak"
"There's very little money in farming, very little... And then, we got the budget"
"I know a lot of people took a kick on the shin with that budget.. You lot got a knee in the nuts"
"Rachel Reeves has told us 72% of farms are going to be unaffected by this"
"I've just been interviewed by Victoria Derbyshire from Newsnight.. She was trotting out nobody is affected, Rachel Reeves said so"
"Since when was the BBC the mouthpiece of this infernal government?"
"For the sake everybody here and for all the farmers stuck at home paralysed over a fog of despair of whats been hoisted upon them.. I beg of the government to be big, to accept that this was rushed through, it wasn't thought out, it was a mistake"
"That's the big thing to do, admit it, and back down"
Mike Rowe: “We’re dealing with alarming math … For every five tradespeople who retire this year, two will replace them.”
“I got a call a few months ago from a company … building four nuclear-powered subs. They need to hire 100,000 tradespeople in the next nine years. This guy called me and said, ‘Can you help? … Do you know where they are?’
And I said, ‘Yeah, I do, they’re in the eighth grade.’ We have to start now, because we’re racing the math and the math almost never loses.” @mikeroweworks
Learn with fellow producers in-person about how objective hedging can protect margins.
Seminars are always posted here: https://t.co/gDQk8gI8F9
#agx#agtwitter#riskmanagement
I figured since Bill Gates made a Netflix show focusing on “Our Future”… talking about AI and the Climate Change, we could take a moment to listen to Paul Harvey. He was on to these climate hoaxers long ago.
Listen and Repost for others to hear.
-Building their own ramp
-One kid missing a handlebar grip
-Other kid wrist cast & still full sending
-Building mud ramp with a rake barefoot/in sanuks
-One kid named "roach"
All riding bikes in the mud.
Nature is healing and the kids are alright
(I expected a wipeout in the end but couldn't have been more wrong)
We have two upcoming educational seminars at our Chicago Office Training Center. Join fellow producers and industry professionals for 2-days of price risk management: https://t.co/gDQk8gI8F9
#hogs#agtwitter#steel#copper
As a hog producer, are you confident in your price risk management plan? All experience levels are welcome.
Seminar Details: https://t.co/bC0iM6B1Dp
#hog#hogproducer#agtwitter