Sensing revolutionary changes coming in agriculture, Blue Reef Agri-Marketing Inc.’s principals, Chip Nellinger and Adam Dryer partnered with a goal of advising an elite group of producers across the Cornbelt on innovative risk management strategies. Forward, outside the box thinking can often create competetive advantages. Thus the concept of using outside the box strategizing to swim out of the turbulent water to the calm water of the “Blue Reef”.
As rapid global changes have increased price and input volatility, huge revenue variances have emerged in farming, forcing more of a focus on protecting profit margins with risk management strategies. Today’s farming operation faces risk not just from fluctuating commodity prices, but also input prices, yield variance, and other factors like interest rates, foreign currency fluctuations and even political uncertainty. Progressive farming operations are more frequently attempting to bring risk management in-house, but lack the expertise due to the growing complexity of global markets. Backed by years of cash grain market and futures industry experience, the team at Blue Reef Agri-Marketing, Inc. is well positioned to offer hands- on advice to help producers thrive in today’s competitive business environment.
Risk Management Consultant & Futures Market Specialist
Chip draws on over 20 years of experience in the futures industry in helping manage risk for agricultural producers. He has previously worked on the floor of the Chicago Board of Trade helping international commercial grain firms hedge their price risk. Chip has been a licensed Series 3 commodity broker since 1995, and holds a crop insurance license in the state of Illinois. Chip can be heard as a regular market analyst on WNAX radio and has served as a panelist on WILL’s Commodity Week program. He can also be seen on U.S. Farm Report and AgDay.
Chip holds a Bachelor’s of Science degree in Economics from Northern Illinois University. He resides in Dunlap, IL with his wife and 3 sons. A five year cancer survivor, Chip serves as the vice-chairman of the Illinois CancerCare Foundation in Peoria.
Risk Management Consultant & Cash Grain Specialist
Adam has extensive experience in grain merchandising, basis, carry and spreads having worked for 4 years for Archer Daniels Midland Co. He previously managed a 7 million bushel grain terminal in Indiana and has been a licensed commodity broker since 2008.
Adam holds an Bachelor’s of Science degree in Agricultural Leadership from the University of Illinois in Champaign. He is active in the show cattle circuit, judging multiple shows each summer and serving as an assistant livestock judging coach for Illinois Central College. Adam resides in Morton, IL and regularly makes it back to his family’s grain and livestock farm in central Illinois.