Do you have a retail online store for the products you produce on your farm?
If so, reply with a link, a quick description, and then retweet this. There are many great family owned retail operations, and
#AgTwitter
is a great place to showcase them.
I'll pin this thread.
Quick update. Kids are just fine and Kurt and Erin are doing better. I'm having surgery at 9a to patch up the left arm. Thank you all so much for all the support in the last 4 days. It's been overwhelming to say the least.
Here's the deal. If you catch one of my kids acting up, you can straighten them out, or call me and I will. But someone is gonna fix it then and there.
My kids will be raised to know right from wrong, and I'm holding yours to the same standard.
We are a beef family. But Noelle wanted chops for dinner so we stopped at the local co-op and picked up a pack of chops and I snagged ribeyes for Sunday dinner.
At some point, this is gonna matter:
1.36lbs of pork chops, $3.39
1.43lbs of ribeyes, $21.44
According to my twitter feed, only two things happened in the last 24 hours, both in Nebraska.
1. A big volleyball game.
2. A Watusi bull in a car in Norfolk.
I'm convinced now, more than ever, that if you're a producer of an agricultural commodity, and you want your kids to have the opportunity to do the same, you better learn how to use hedge account.
Or hire someone to do it for you.
Grain bins should come with a bright red LED screen on the side that works like the Powerball ones at gas stations.
It tells you the real time cash value of its contents.
@GRDecter
The names of the folks Ghislane provided children to should have as well.
The reality is when there are political implications, the law goes out the window. I'll bet a steak dinner on the fact that names and deposits of FTX customers will never be public thru a legal process.
I don't care if corn goes to $10 or feeders to $3 and we end up with $200 fats. I'm going to eat US raised beef, feed with corn and forage grown here, and processed by a family owned locker.
#eatbeef
#farmtofork
Over a year ago I made one if the better decisions of my professional career and moved to Elwood. Little did I know it would be one of the best for my personal life as well. Every time I roll down the main drag, I can't help but feel proud. Count the flags. Happy Memorial Day.
#AgTwitter
weekly recap:
Mon: Why aren't the markets open?
Tue: Wait they are open now?
Wed: I'll never see $6 corn ever again.
Thur: Corn will never trade under $6 ever again.
Fri: Well, GFS says no rain until 2027. Better get long.
Legitimate conversation last night:
Noah: Dad, you don't expect me do insurance, do you?
Me: Nope.
N: Good, because I want to be a trader. All of us at FFA saw saw your charts on twitter, thats fun stuff.
M: Nvm, youre going to do insurance.
I haven't driven the entire corn belt but I can say with absolute certainty that the KS/NE/CO tri-state area is by far the worst I've seen. It's miles of this. And the irrigated is struggling too.
An Ag journey...
Grew up in Ag on a 3010 with a mid mount cultivator and a farrowing unit in SE Nebraska. Left for college then a 14yr hiatus with the DoD. Came back and now I'm in ag risk management. Did not have that on the bingo card. What's your story?
My 2c. Take it for what its worth and its worth what you paid for it. Nothing.
On the way up no one was griping. Now, on the way down we are looking for a scape goat. And the reason for both (to an extent), IMO is the same. Absence of the family owned operation on the CME.
@clintwfischer
And not to get on a soap box here about how great FFA is, but this all revolved around an event I spoke for the Nebraska Dept of Agriculture a few years back. The gal in the booth next to me was an UNL Extension employee and they were giving out these nice hard bound books
Raise strong women.
Make sure they know they can lift heavy shit. They don't need your help.
Make sure they know lefty loose righty tight and too many ugga duggas makes for broken bolts.
Teach them to gut a dear and not knick the bladder or bowels.
If you didn't know, I'm the President of a NPO that keeps this old theater going. If you're ever in Western IA or Eastern NE, try to stop in. While the exterior is as close to WWII timeframe we could get, the interior is all leather electric recliners. Very proud if it.
I started off my day with a call no one wants to get. The very first multiperil clients I ever wrote were Larry Meyer and his son Alex. This morning Larry passed away. I've spent many hours at this very table with them over the years. Please keep the Meyers in your prayers.
Hedging Cattle: Futures vs Puts vs LRP. Lets look at how they did on a case study of 30 head lot of 900 pound steers hedged on 9/11 and marketed on 12/11.
You decide what is right for you and your operation, but know your hedging options. I'll do one on Live Cattle in the
If you're a corn producer or user and don't understand that the contracts in delivery are trading like we have a much larger carryout than 1.18B bushels, I'd encourage you to find an advisor that can help you understand it.
It's not bullish. Esp 2023 CY.
The primary function of basis is to control local supply and demand.
If you're unwilling to price your corn to the local buyer, they will buy it over top of you. There is corn out there. It's just in the wrong spot.
After two years of saving and a year of looking, the kiddos brought home their dream truck last night, bought and paid for 100% with their money.
Thanks to
@FixnandFarming
for answering a million questions on this journey.
The smile says it all.
#prouddad
On the next round of government spending, the administration needs to pass regulation to only sell hotdogs and hotdog buns in like quantities.
This neanderthal method of putting 6 brats in a package and 8 buns in a package has to stop. And stop now.
Lots of folks having to look at Prevent Plant this year that never have. For Corn and Beans the base policy is 55% of your guarantee off the spring price. Example:
200bpa APH
80% MPCI Level
160bpa gnty
5.90 price
$944/a gnty
55% Prevent Plant
$519.20/a PP payment on corn.
The engraving on this all but gone now, and it's just a piece of metal to most who see it. But on this Memorial Day, I continue to honor the memory of SPC Ryan Long.
RLTW
If you buy hail and wind from Jim or I, we commit to being there when it's adjusted.
Regardless of how far away it is.
Regardless how bad it is.
Regardless of the day.
Goodland KS or bust.
Son: Dad do you have a white button up I can borrow?
Me: Sure but I'm 6-4 275 and you're 5-8 and maybe 140.
S: I know but I'm in a bind.
M: Why?
S: Um. I forgot I gotta be to Cattleman's Classic in my FFA attire. Tomorrow.
Sooo. Off to Walmart we go. At 9pm. On a Wednesday.
Walk in the door just now. Noelle chases me down and says "I figured out what I want to do when I grow up!"
Knowing she was at the Cattlemans Classic in Kearney today, I was immediately concerned.
"A feedlot operator!"
Well, there goes any hope for generational wealth.
A quick pointer for those who use LRP. This is just an example, and I'm not making a recommendation either way, but want to show LRP users something.
Yesterday the 21 week fat cattle contract offered a coverage level of 195.17 at a cost of 5.14. Today, they are offering a
Evolution of me looking for a pickup after seeing prices.
Search 2022 3500 Mega Cab.
Search 2022 2500 Mega Cab.
Search 2005 1500 Extended Cab
Search 2000 1500 Regular Cab
Search 1995 Ford Ranger.
Search any 90s US made pickup.
Currently looking at 1975 Datsuns.
After a week of fires in the WCB, remember most volunteer fire fighters are farmers too. They shut down their harvest to make sure someone else's survived. Even tho it sucked watching your combine or crop burn, and it seems like it took forever for them to get there, thank them.
The people around you make you or break you. I was in the middle of nowhere all day today and really didn't get back to civilization until 545pm. So my office work started very late, but here's proof my folks trumps all:
At 520pm my field rep (John) picked up my call and
People have been saying it for years. My grandpa. My dad. Now me.
The US fiscal policy is not sustainable, and I fear the future for my kids.
Eventually, this will come to fruition.
We are looking for the
@TheHomeAgency
harvest magazine cover photo. Reply with your picture and the one with the most likes will win a pair of tickets to a Nebraska Football or Volleyball regular season game of your choice, be featured on the cover of our magazine, get several
This video illustrates well what happens in
#Brazil
🇧🇷 at this time where farmer harvests the soybeans and the corn or cotton planter comes right behind planting the
#safrinha
.
That’s why I say:
#Agro
never stops
#OAgroN
ãoPara
If you were allured by the $5.09 of Margin Protection, you can put a $5.12 hedge on right now without any premium dollars spent.
Follow me for more ways to be a horrible insurance sales guy.
For years we traded a market that when futures ran, basis faded. Right now, your merchant is going to back off the basis, and they probably can't get out of the way of this steam roller fast enough. 2022 was anomaly, dust off your trade diary from the last 20 years and use it.
Lots of "No way am I paying taxes on something I haven't sold yet" tweets.
Pretty strong words for a group of folks who haven't thrown a fit about taxes since we started a war over a 2% tea tax.
If they tell you to pay it, you'll pay it. Just like all the other taxes.
It is hard to take someone serious that says the USDA published numbers are all bogus, but then quotes USDA published numbers when they coincide with that persons bias.
This Friday will be a fun one.
Bean acres are not being bought in the WCB. Corn is king. Hall County NE, average USDA yields, local GI bid.
IRR
YC 210bpa x $5.66 = $1,188.60
YSB 65bpa x $13.10 = $851.50
Non-IRR
YC 118bpa x $5.66 = $667.88
YSB 39bpa x $13.10 = $510.90