A guy I know, who buys a lot of corn, stated a couple of weeks ago that the last three years have turned good disciplined marketers into bad marketers. He's right in the sense that in the last three years any forward sale has been a bad one. I agree with him that selling grain should be about risk control and not about dollar maximization. Those that can make the jump are better marketers and sleep better. The business school people would say which do you want... two identical…Continue
Ive been posting on this sight since just before we planted our first crop. ime sure slips by quickly. After last years disaster lets hope for a better year in 2013.
The biggest changes for this year are going to be in acres. We were able to buy an adjacent farm a few weeks ago that will add 110 acres. I then got on the phone and finally took the leap to call on some other adjacent land that would make sense to try and buy. Its regular topic on how to get on more…Continue
I guess Im glad its over. Truthfully, its hard getting psyched up for next year. It was just a long year of radar watching. This was our fourth crop. Our yields have been on a steady down trend... In successive years corn 222bu 158, 105, 39 bushel per acre by year. Yes, that 39 bushels is not a misprint. It just never rained from June to september. My farming friends say "really"? I just reply someone had a drought... I guess Im the only guy with bad yields. My non farming…Continue
It seems like this has been the longest growing season yet.
We hope to average 35 bushels on the corn and 20 on the beans. It just never rained. I told some one either Im the sinner or my neighbor and god just isnt that accurate. Not even the stray storms came our way.
On the business end of farming we had to switch over to marketing our insurance bushels. We look a lot smarter after todays price washout but should average $8 on corn and $17.30 on…Continue
Apparently the farmer on CNBC used that quotable statement this AM. Our crops have burned to a crisp. We havnt been lucky enough to catch the scattered showers. The discussion last night was if the corn would make 60 bushels or would we not be able to graze stalks with fears of nitrate poising. The pastures are holding up for now do to a steady stream of investment and rotation, intensive grazing. Im not sure how much longer the grass will hold up with these temps and no…Continue