Farm Bureau Market Outlook

The Peoria County Farm Bureau is hosting a Summer Market Outlook meeting on Tuesday, June 21, at the Farm Bureau Park south of Kickapoo. Raber Packing of Peoria will serve a porkchop sandwich meal at 6:30 p.m.

The market analysts for the evening will be Luke Hickey and Brian Basting of Advance Trading. Luke was raised on a central Illinois dairy farm. After graduating from Illinois State University in 1981, he farmed until starting his career in the country elevator business in 1987. He worked as an originator and merchandiser for the elevator.

For the past 16 years, Luke has worked in Bloomington for Advance Trading focusing on producer and end-user risk management programs for both country elevator customers and Advance Trading branch offices throughout the US and Canada.

Brian Basting was born and raised near Bloomington on a grain and livestock farm. He earned both a bachelors and masters degree in Agricultural Economics from the University of Illinois. Prior to joining Advance, he worked for a farmer advisory service based in Wisconsin. He currently is a commodity research analyst responsible for wheat market fundamentals and domestic grain consumption trends assisting in feed grains and soybean analysis.

Brian has also been a featured guest on a number of national media television outlets. These include U.S. Farm Report, Ag Day and This Week In Agribusiness. He has also participated in press briefings at the Chicago Board of Trade following the release of monthly USDA supply/demand reports.

The cost to attend the Market Outlook is $5 for Farm Bureau members. Tickets can be purchased from a Board Director, Marketing Committee Member, or at the Farm Bureau office.

For more information call the Farm Bureau office at 309-686-7070.

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