Russ, you left out one important factor....."FEAR". More producers sell grain out of "fear" than about anything else. Everybody is complaining now about the "lower" grain prices. THese are the exact same folks that stored their corn when it was $8!! They KNEW it was going to $12! A lot of crop farmers didn't give a darn about how devastated the livestock sector was. The hog, beef, poultry, swine and dairy industries were absolutely swimming in red ink because of the high grain prices. What did the crop guy do? He went out and plowed up MORE pasture land and planted crops. 'Land that should have NEVER been put back into row crops. These same guys then milk the Federal Crop Insurance program for all it's worth. "Around here" the amount of pasture land that was put back into row crops was staggering. These same acres, sadly, were so poorly managed....it was obvious they had intentions of collecting their crop insurance. AS far as greed goes..........I had one client who came to my office seeking advice on what to do with his crops. He was ALL concerned about the prices going down. I asked him how many bushels are you talking about. He told me point blank.....I've got THREE years worth of crops stored!! I said, "You mean to tell me you haven't sold anything in three years"? He replied, "Yes". Unreal. I told him that he didn't need to do anything. He was shocked at my response. I then told him...."If you haven't sold anything is three years, you obviously don't need money". Another observation about the BTO's..........the bigger they get the worse their farming skills get..........just plow it up and plant more beans!
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Today's Featured Article - Box Plow Blues - by Tom Schwarz. One of the first implements most tractor owners obtain is the box plow. For very little money, this piece of equipment promises to plow and flatten any hill or vale on your ranch road or farm. At least that's what I thought! As simple as a box plow appears, it can be rather challenging to make work correctly. In our sandy soils of Florida, traction is king. You can never have wide enough tires or heavy enough weights to get all the traction you want … unless you own a monster tractor. U
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