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 on innovative risk management strategies. Forward, outside the box thinking can often create competitive 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 agriculture, forcing more of a focus on protecting profit margins with risk management strategies. Today’s 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 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 commodity trading 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.
Grain and Livestock Specialist
Scott comes to Blue Reef with a broad background in both the grain and cattle industries. Previously he has worked for Tyson in Carcass Sales, Dakota City NE. He was with Cargill for 4 years, helping producers on Cargill’s Risk Management Solutions. Also Scott managed a grain elevator for Tate and Lyle for 3 years. Through this he has worked in all three terminals; truck house, train terminal, and river terminal.
Scott has a Bachelor’s of Science Degree in Agriculture Education Leadership from the University of Illinois. Scott was a member of the collegiate Livestock Judging Teams at Black Hawk East and U of I. He has also coached the Illinois National 4-H Livestock Judging team. He continues his involvement working with a number of youth throughout the country with their show cattle projects. Scott, his wife and two kids live in Shirley, IL.
We are very excited to have Scott as the newest member of the Blue Reef team. His background knowledge and enthusiasm for the industry will be a great asset. Scott brings a strong focus for customer service and excellence. He will be available to assist you in any way necessary.
Risk Management Consultant
Aaron has worked in the grain marketing industry since 2008, helping manage risk for farmers. He grew up on a grain farm south of Kankakee, IL where his family still farms today. Aaron also worked for Soy Capital Bank & Trust in farm management and farmland real estate. He served on Soy Capital’s grain marketing committee which manages over 250,000 acres. Aaron has been a licensed commodity broker since 2008 and maintains his real estate broker’s license.
Aaron has a Bachelor’s of Science degree in Business Management from Southern Illinois University at Carbondale. He resides in Washington, IL with his wife & two kids.