Where to Find Portfolio Stability During Market Uncertainty?

From Lake Tahoe on Zephyr’s Adjusted for Risk Podcast, host Ryan welcomes back Sal Gilbertie, CEO of Teucrium ETFs, to discuss row crop investing and how corn, soybeans, wheat, and sugar can impact portfolios. Gilbertie explains how energy and fertilizer costs—especially amid Middle East conflict and potential LNG disruptions—affect crop economics and planting decisions, and why grains often trade near cost of production with historically limited downside at breakeven levels (corn around $4, trading near $4.40). He outlines the “golden grain cycle” (breakeven, disruption-driven spike, then replanting and normalization), notes steady long-term global demand, and describes grains’ diversification benefits, citing an agricultural index that outperformed the S&P 500 during multiple drawdowns. He also explains sugar’s volatility via Brazil’s ethanol-versus-sugar production economics and shares how advisors can research Teucrium resources to gain exposure via ETFs. Zephyr can help financial advisors create modern diversified portfolios: https://informaconnect.com/zephyr/ass... Learn more about Teucrium: https://teucrium.com/ 00:00 Welcome and Sponsor 01:04 Meet Sal Gilbertie 01:39 Teucrium and Grain ETFs 03:03 Macro Forces on Grains 04:05 Fertilizer and Crop Rotation 05:58 Supply Levels and Breakevens 08:47 Portfolio Benefits of Grains 11:51 Golden Grain Cycle Explained 14:35 Wheat Sugar and Global Producers 15:54 Fertilizer Inflation and 2027 18:28 Timing Grain Allocations 19:45 Corn Supply Pile 21:20 Seasonal Price Patterns 22:02 Portfolio Diversifier Case 24:28 Why Grains Get Ignored 27:50 Advisor Allocation Tactics 29:36 Sugar Ethanol Link 33:28 How To Get Exposure 35:28 Closing Thanks Connect with Ryan Nauman: LinkedIn:   / ryannauman1   X:   / lktahoebadger