Austin Huggins

@johnspigfarm @Farm4ProfitLLC My grandpa always told me when your not working your just spending money!

@Farm4ProfitLLC Easiest way to make money is to not spend it.

The farms that survive the next 10 years won’t be the biggest. They’ll be the ones that know their numbers better than anyone else. What’s one number every farmer should know daily?

What's everyone using for accounting on there farm? We are are a row crop and cattle operation. Pen and paper is not working for me anymore. Used some excel sheets last year but I got lazy and quit keeping them up to date. Have read about traction ag and ambrook... thanks

@sellis1994 If it doesn't rain in August in my area 40 bushel will be the top of our beans. Tough to make them pay so how do we cheap things up.

@Austinhuggins27 I have done many times Late foliar potassium is all it really needs

It is a real decision to cut expenses with soybeans and risk lower gross volume If I did not have big payments I think id go 100% beans and plant them 40 lbs and acre early and not give anyone else my money But alas. Payments make me grow some corn But not as much

@PUKU2Feeders @Nebraskero I agree they are to high to play the turn and burn game with them. Get a calf and put weight on cow VS buy a younger cow, lrp one high price calf, and then have multiple years to pay us back. Seems the young cow route is a no brainer when they dont cost that much more.

@Nebraskero Brokens are up $1000 here since December. Give me the young cow. I’m in for the long haul

Everyone in the cow market has the same idea: buy a “cheap” ($3,800) short term cow. Wouldn’t it be worth a few hundred dollars more to own a proven young dispersion cow? If you’re looking to buy value mark your calendars for our complete-age dispersion at Ogallala next week.

@ChetEdinger What colony bought it?

Land sale Aurora County, SD today. 3 quarters, 431 tillable, PI range 76.1 to 85.4 It sold all to go for $7,500. Hutterite colony bought it. Appraisal on it was for $9,000. IMO comparables in appraisal were bad. Selling price was 89% of the high in the county from 2 years ago.

Beautiful afternoon after the cold snap to slice some turds off the ground!

@gavin_spoor Worked on same thing today. Its not pretty.

$490/ acre soybeans $700/ acre corn Used custom rates for all field operations, average cash rent for my area of Missouri, and today’s fall price for each respective crop. I need to beat our 10 year county yield average just to break even. Sure you could slash fertilizer, skimp on the chemical, and fool your self about true equipment costs. Maybe even some say rent is $0 if the land is owned free and clear, but why lie to make it prettier than it is? It’s ugly. I’m not excited for 2026.

@usda_nass @BlainHizer @BrianWillott @temslie @ScottIrwinUI @kannbwx @LanceHonig So why wait till January to change the acres then?

@BlainHizer @BrianWillott @temslie @ScottIrwinUI @kannbwx @LanceHonig But certified acres aren’t available until August/September. LH

Good afternoon and welcome to today's #StatChat. I'm @LanceHonig and I'm ready to answer any questions you have about today's reports. As always I'll end my responses with LH.

@gwiesefarms I agree 100 percent with the working capital. My father and spent 100k this year on un expected major equipment repairs. That really throws wrench into cash flow when its tight to begin with... good working capital helps weather the storm.

Neither. Save the cash and grow your working capital. Those interest rates are so low I wouldn’t consider paying them off unless you are operating 100% of next year’s crop with cash. Working Capital gives you a better opportunity to grow and participate in any can’t pass on deals that come across your desk. If I can’t cheat and say neither, I’m paying off the equipment most likely. Give me the added cash flow, which improves my capacity to buy into a new investment sooner or improves my earnings more for next year so I can snowball into something else. If you need to tap into the equity of either of those assets in the future, it is cheaper and faster to take a new loan out against the tractor. Plus, I like paying off depreciating assets before appreciating assets.

You can tell a lot about a person by how they react when someone dies.

@DD03F7 @gregzimpleman I'm wondering same. My county i believe could have record crops. Can you anwser this @johnsonfarms23 ??

@gregzimpleman If county yield comes in 5% above average will it still pay out?

Maybe you should call and thank the people that had you take ECO.

@OGTCHedger @david_eidman I agree on this

@david_eidman Don't think so, Specs massively short the complex -173k Corn -65k Beans -170k Wheat -54k Cotton Where there's smoke there's fire, China would not just buy beans in a trade deal, they would be blowing out of everything

Cotton, corn, wheat aren't rallying, I'm calling bullshit on the big soybean purchases by China

@farminthrufaith @Farmertom7 What are you planting into the alkali ground? We deal with some spots only kosha will grow in it I swear.... mother nature's way of fixing it someone told me... Hard to let it grow like that along the hwy.

@Farmertom7 Cut costs by cutting inputs I’m most excited to plant something that’s supposed to pull the alkali out of the ground. Got a couple spots that currently yield 0 I got a whole list on my notes if you want more DM me

Went to regen ag school with one question — what to seed into our wheat ground after we harvest it tomorrow Now, I’m ready to mix 24 varieties of seed together & throw in the towel on chem + fert 4ever No. This wasn’t my first class. I am, however, tired of inputs disappearing

@HawkeyeRy I bought it for the first time this year. If I remember correctly the subsidy was raised higher this year so it was cheaper. In all honestly really don't understand but was a lot of guys on here this spring saying its worth the squeeze so I thought atleast try it once.

Did you buy ECO on Corn this year? At current prices - payments will be triggered at 108% of the expected county yields. So a county with a 200 bu expected yield would get paid at anything less than 216. This is a must for managing price risk for any non-contracted crop.

@bigesbaling @74Booger Was a past deere tech... I can vouch for this. 746 loader on it. Gelled up on the coldest dam day of the year. One of those things that stay engraved in your mind 😆

@74Booger I have a 7930 with a loader on and the mounts make it nearly impossible to get those style filters on especially when it’s -30 and you’re trying to do it with no gloves.

Why can't mother Deere just have simple screw on filters?

@Denny2point0 You miss every shot you don't take!

A question I battle with from time to time. What’s worse, choosing to not follow your dream and farm in your teens or deciding to farm and ultimately going broke?

@marciac95_ No failure in my mind. Absolutely nothing wrong with stepping back and saying time for a change. I think many of us farmers will have to make some similar choices this year on how we operate our farms!

I failed. Reflecting 3 years later that I failed at my agronomy career. One that I spent a masters degree, and put so much over time into. Unfortunately it was a situation where the hard work didn’t pay off. And that’s ok. I got the dream life just without the dream job now.

@Bkitch1Bodie We are around .7 units of N. I think it also depends on how it's applied. If all front loaded think we need to figure the classic 1 unit to 1 bushel. 1st pass, we are urea /sulfur / zinc mix. Then some with planter and then top dress with straight urea. CEC mid 20s, 4.0 OM

Ok #Agtwitter yield goal of 250-260 how many lbs of N you applying to get there?