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Agris Academy Agris Academy is an educational and consulting business in merchandising, futures risk management, and farm business management.

My co-founder and I ventured to Farm Progress to record our latest podcast.   There are fewer corporate sponsors with th...
09/23/2026

My co-founder and I ventured to Farm Progress to record our latest podcast. There are fewer corporate sponsors with this outfit. The degrees of freedom increase at an inverse relationship to corporate oversite. A good use of 40 minutes of life energy infyou are into ag or guys with bald heads.

Grain marketing is not about hitting the top of the market. It is a...

Soybean yield estimating fun!A friend of mine was killing time and sent me these pics and numbers Pods5-1 bean.   542-2 ...
09/09/2026

Soybean yield estimating fun!

A friend of mine was killing time and sent me these pics and numbers Pods

5-1 bean. 5
42-2 bean. 84
77-3 bean. 231
7-4 bean 28
348
One random plant

Then math jumped into the mix

338x90,000 harvestable/140,000 seeds in a bushel
217 bushels per acre. Watch out Alex here we come!

Reverse it
100 bushel beans would need 41,000 of those plants per acre.

YSB yield checks are such bs.

I’ll give a 50% class scholarship to anyone can guess the exact yield.

Planted April14
Replanted May 12
No irrigation
Never till into corn
Fungicide/insecticide July 25
No special voodoo
Farm record 79 bushels delivered

08/24/2026

Follow:
The Real Agris Academy

·
The smartest person I know on grain markets is the market. As a head of trading with millions of dollars and hundreds of people supporting me, we rarely made consistent money flat price trading

What is the market telling me?
Full carry for corn is around 21 cents U/Z. I am cheating by using 2 cents in interest and 5 cents in CME storage. The spread is 25 cents tonight. This tells me this is not a demand driven rally. Part of this is significantly more corn in the Delta and an early harvest for the corn belt.

I will not buy a grain hedge back or it is not a hedge. We strongly discourage speculation by our clients. If they feel the need to speculate we insist they do it in a separate account.
I will, however, buy gold. I even own 1 Bitcoin. Mikes the Bitcoin guy of the team. Direct question and comment his way.

- Is this an own commodities hedge on energy inflation? Marginal cost of raising corn going higher on a global basis for all you economics junkies.
- Is this the US crop is not reaching its potential?

I do not have to know the answers to those questions. I manage by risk and not by price.

Jeff

08/19/2026
Here is the link to today's interview with Ag Web.   It runs about 10 minutes and gives some more details on the VZ topi...
01/07/2026

Here is the link to today's interview with Ag Web. It runs about 10 minutes and gives some more details on the VZ topic

Jeff Kazin, formerly of Cargill, discusses his experience in Venezuela's agricultural sector.

01/05/2026

My Venezuela experience as head of trading in the region for Cargill.

Cargill was/is the leading producer of critical staple ingredients such as flour, pasta, vegetable oil, and rice in VZ. I am not saying I agree with grabbing the dictator, but I did have a front row seat to the damage a kleptocracy did to innocent people.
1. The government took over our "minute rice" facility at gunpoint because we were "gouging" the nation's poor. The government was never able to run the plant. It never ran again. It was returned years later with no equipment inside
2. There are 1000's of generals in the army. They are each given a slice of the economy to loot. The large number of generals made it difficult to organize a coup against the regime.
3. The government opened grocery stores and sold staples below the cost we sold them to the government. In theory they used petro oil money to lower grocery prices. Our regular grocery outlets were forced out of business. When the government demanded we sell them products below cost we simply had to shut down. The populous became ever more dependent on the government handouts. (PS this is the mayor of New York City's proposal.
4. Dollars- We needed dollars to go buy raw materials like wheat from places like the US and Canada. The government would periodically allocate us some dollars that could only be spent for raw materials and freight. Eventually only the local companies that can and would pay bribes got dollar allocations. We had several facilities closed for lack of raw material
5. My employees liked working for Cargill. The office was an armed compound with access to a gym, high speed internet, global communications, and a weekly box of basic staples. Cargill provided a safe and secure environment if only for the working hours.
6. Employees became very close to others inside the apartment building. Going out on the street with a desperate population was not advisable.
7. I needed wood pallets for feed. We tried to export wood pallets to swap for grain. We refused to pay the bribes it would take to export the pallets
8. I once tried to set up a closed loop wheat planting to flour mill supply chain. A. They came and stole all the seed wheat for food. When we tried to ship in seed wheat in containers via US donors there was no way to get it out of the port without it being stolen
9. Livestock- Our feed business completely collapsed. Even if you could raise a pig, you couldn't defend it from being stolen. People with guns were hungry.
10. Employees- In the end my highly skilled team alone with other highly educated people chose to leave. Cargill often found jobs for them in other Latin countries. The regime was more than happy to see the well-educated leave the country. Setting these employees up with high quality stable jobs after fleeing remains one of the best things I ever did in my career. No one remembers millions in trading earnings.

This is a short list. In my opinion the first money spent needs to happen now and it needs to be food. The US is already on the clock. The current regime does not care if it starves the population. The o**y of theft will actually accelerate if they believe their days are numbered. VZ should be an outstanding customer of US grown ag products. Rice, bread wheat, veg oil ect. Feed the people first.

Jeff Kazin
Former head trading Cargill

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I'm updating the balance sheet this afternoon.  There has been some big number land trade at public auction in my area. ...
12/21/2025

I'm updating the balance sheet this afternoon. There has been some big number land trade at public auction in my area.

How do you value land on your balance sheet?

Cost?
Current Market?
Current market less a liquidity discount?

Who is your bank and what do they allow? Seems this could be a big swing in the ratios.

12/20/2025

Buy low ... Sell Low?

Managed to escape the office and classroom to meet Mike at a farm in central MN. As we jumped from merchandising opportunities and risk management on grain to farm business management we started talking about opportunities.

Buy low.... Sell low
Low hour new equipment is severely depressed. My current model of X is also depressed. If we can see a large return on new technology, can we make the spread trade. Buy low late model X correctly and sell current technology Y low. Most of us hate to puke the equipment we currently have into a lousy market.

Focusing on smaller capital projects with very high return rates was the theme.

Send a message to learn more

Mike and Jeff show In case us corn farmers thought it was safe to go out.   I spoke with a rice farm this morning and re...
12/18/2025

Mike and Jeff show


In case us corn farmers thought it was safe to go out. I spoke with a rice farm this morning and realized that you could feed food grade rice to cows at today prices. That does not account for anything that would be off milling specifications. Throw in piles of milo across Kansas, Colorado, and Nebraska that are 80 cents a bushel under corn. There is more than corn in a feed grain supply.

Address

7475 County Road 11
Maple Plain, MN
55359

Opening Hours

Monday 8am - 5pm
Tuesday 8am - 5pm
Wednesday 8am - 5pm
Thursday 8am - 5pm
Friday 8am - 5pm

Telephone

+16127100987

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