Ardent Mills, a Denver-based flour-milling and ingredients company, is launching a new YouTube video series to provide customers with brief and insightful reviews of the latest USDA grain reports. The series, titled “The Inside Scoop,” is designed to help customers make sense of the reports to more effectively manage commodity risks in the grain markets. From all wheat classes to corn and soybeans, “The Inside Scoop” reviews production, stocks and consumption, along with developments affecting world trade in grains.
“At Ardent Mills, our goal is to help our customers understand, measure and mitigate their price risk exposure, reducing ‘unknowns’ to protect their business from price volatility,” says Dan Dye, CEO of Ardent Mills. “Ultimately, we want to help our customers achieve their financial goals.”
According to Mike Miller, vice president of risk management at Ardent Mills, “We saw a need to develop a timely resource to help our customers quickly understand the USDA reports and provide meaningful insights for their business. The grain markets are ever-changing, and it can be challenging to build strategies for a moving target. It’s our goal to provide guidance on what is happening in the market and what is waiting on the horizon.”
Each episode will run approximately five to 10 minutes and be posted online within one business day following the release of scheduled USDA reports. The Inside Scoop covering the Dec. 10 USDA report will be available at tinyurl.com/ArdentMillsTheInsideScoop. Customers without access to video streaming will be able to download the video as well.