John Thompson

@itsmetoo92774 @FoulkShay Well they do that, bcuz the trend line shows that’s where the majority of the market is heading. The problem is, there is no residual market, and they aren’t maintainable.

@JRTfarms @FoulkShay And equipment companies keep shooting themselves in the foot with the race to the biggest planter, most HP, most capacity. A lot more pieces need to be sold when they aren't as big. They dont worry about their demand so why should I?

If each farm was 4000 acres, we would only need 45,000 farmers to plant and harvest all of the corn and soybeans. Good morning

@JMCampbellFarms I’ll do you a favor! I’ll give you more than it’s worth

@JRTfarms It’s not worth enough to get rid of at this point!

Anyone have a set of chem farms or 360 tanks for sale for an afs connect magnum? RTs appreciated

@JMCampbellFarms I told you I would buy it!

@JRTfarms My 470 is still down waiting on a head from Europe, brutha was in a bind.

@KurtHolscher @iluminatibot If they taught the average American finical literacy. The consumer market would collapse.

@iluminatibot Part of their education should have been a finance class. Then they could figure their our interest.

American takes out a student loan for $8,645. After years of payments, he’s paid $7,450. His current balance? $8,750. He pays $7,450 — and somehow owes MORE than the original loan. This is usury, and it should be illegal

@jasonmauck1 @BecksHybrids Wut is soil structure! 😂

It’s windier than a @BecksHybrids salesman with a toy catalogue in his hand. What do you need?

@SoybeansRus I think it’s a misrepresentation of functionality. It has to be redeveloped from a systematic perspective, it has to encompass a complete change in practice to sustain biological life

Most are scams and are just taking advantage of the high fertilizer costs. Just my opinion and if you disagree send me some product and I’ll trial it.

@Johnkempf @double_a1974 Way higher carbon concentrations than humates

@double_a1974 Compare to humates

Biochar is a solution looking for a problem.

@bl_ag_inc @FarmerTheta @CRNAfarmer2 I think from a business perspective, it’s universal across all enterprises. Accrual P&L should encompass all cost! Including equipment upgrades..

No argument there For the size of my business and for simplicity sakes I keep it out of my cash flow statement. Have a separate excel doc that lists purchase price and rough replacement price. I just choose to have larger cash reserves Is it perfect? Definitely not but works for me 🤷‍♂️

Cash flow is by far the most misunderstood concept in ag finance and it’s not even close

@FarmerTheta @bl_ag_inc @CRNAfarmer2 Depending on the age of equipment, 10% maybe not be enough. Some newer equipment maybe depricate near 20%. Average older equipment is 10-15% year over year. It’s not about “replacement cost” it’s that piece of equipment cost you something to use it, it lost that much value

@bl_ag_inc @JRTfarms @CRNAfarmer2 You should be charging yourself depreciation on the financial analysis I charge 10% everywhere Just to account for replacement cost

@bl_ag_inc @FarmerTheta @CRNAfarmer2 Tax depreciation and actual deprecation is 2 way way different things.

@FarmerTheta @JRTfarms @CRNAfarmer2 Very true, and that’s a good point And in all honesty that is probably the biggest Hangup I have of me keeping my books. I don’t account for depreciation on my own, I just let my CPA handle that at end of the year But I’m small enough I can get by 😂

@bl_ag_inc @CRNAfarmer2 Equipment upgrades also, most definitely affect P&L as well… how does it not?!

I think the biggest thing I see is how your P&L can look like you are showing a large profit, but you have machinery/equipment upgrades or paying down principal on debt, those all affect your balance sheet, not your P&L So your P&L doesn’t change (except for interest expense). You gain equity on your balance sheet (which is good!) but the cash flowing out doesn’t get noticed as easily unless you are doing a cash flow statement Hopefully all that makes sense

@JMCampbellFarms @MaxROIFarmer I agree, i like drying corn, love drying corn. It’s just we start at 30%, then it goes to 14.5% really really fast. Some of it, I believe is soil type

@JRTfarms @MaxROIFarmer Every operation is different. By no means am I saying every year is a carry market..but storage always allows us to take advantage of more attractive basis, specialty markets, harvest efficiency, etc. We usually avg 5-7pts of drying across our corn crop.

If you could largely eliminate the need for truck capacity at harvest and could run your combine at full capacity what is that worth to you? Just the ability to not need trucks at harvest, like you were going into bags in field except it doesn’t matter moisture/crop. Grain ready to ship over the winter. @KellyGarrett75 @JMCampbellFarms

@JMCampbellFarms @MaxROIFarmer I do think storage for us, does allow the ability to capture niche premiums. I think being able to only store 70% of our crop, we have been able to account and overcome it with out any finical deficits!

@MaxROIFarmer In short, while what you are proposing is worth a significant dollar amount I don’t think it’s entirely achievable without forgoing on farm drying/storage advantages.

@JMCampbellFarms @MaxROIFarmer For us, if we can capture early basis locally for the first of September. We have capitalized on that several times. If you can get $.75-$1.00 fall white basis off the Dec. it accumulates less interest on an operating notes. Plus bins are gonna be $$$$$ even on a big one!

@gblairfarms What to you dictates, wether or not a forward sale works or not???

Farmers posting about having all their fertilizer lined up...really? Do you have all your grain sold too? How about all the forward sales that didn't work out so hot last year?Or the years before? Let's try to stay humble please

@KurtHolscher @ShaneAgronomy @pivotbio We also done the same trials, also with the same loss. Also said they hadn’t ever had a loss

@ShaneAgronomy @pivotbio We did a trial for them a few years ago. They lost . The trial was also lost. I called and asked, they said that there were no trials in my county. That killed their credibility.

Pivot Bio Releases 2025 Field Performance Data Demonstrating Consistent Yield Gains and Synthetic Nitrogen Displacement While Lowering Fertilizer Costs ◼︎◼︎◼︎ According to @pivotbio, In 134 field trials with 129 growers nationwide, corn producers using PROVEN® G3 replaced an average of 33 pounds of traditional nitrogen per acre and gained a 2.1 bushel-per-acre yield advantage as compared to the grower’s standard practices. Overall win rates exceeded 90 percent, with consistent nutrition delivery at the plant root when the plants yield potential establishment is most critical, regardless of weather and soil type. This represents nearly a doubling of win rates in just two years. I love when companies publish win rate data as a way to better understand product performance. However, the win rate published in this release is higher than most win rates I have ever come across. That’s not inherently good or bad, but raises a few different possibilities: Pivot Bio has become very good at understanding where their product works and where it doesn’t work, implementing trials and therefore, targets regions/fields accordingly. In a high yield year like 2025, there may have been lot of farmers that did not fertilize enough given the yield potential. There was a “cherry picking” of data points. I reached out to Pivot Bio to learn more about what drove the results they published. The Challenge Nitrogen fixation from microbes involves multiple complexities to overcome, including some of the following (image attached) That means a need to be diligent and thorough with everything from formulation, to packaging, to placement, to how it fits within the system context. I have highlighted this across various publishings, including The Biostimulant Playbook and The Nuance of Biostimulants. Once you have an understanding and positioning nailed down, the ability to effectively communicate that becomes crucial, along with having the discipline of saying “our products doesn’t fit there" when required. When I reached out the first thing Pivot did was send me their Best Management Practices document. The document gets into what is required to derive the best outcomes. I don’t think a piece of paper/bits is ever the sole driver of success as there is a need to set the expectations of staff, train staff, be disciplined to engage in the conversation, but I do think it shows there has been work and thought put in by the company itself, plus having a tangible document that drives conversations and can be referenced is a great ancillary tool to get farmers and agronomists thinking about the product in a way that is going to drive better outcomes. What stood out to me after speaking with the Pivot team is that the win rate is not a story about a microbe suddenly getting better. What they changed was how they supported and positioned it. Check out the link below for the full coverage. @UpstreamAg

@gwiesefarms That’s why you should use conservative values!

Equity feels precise, but it is mostly opinion. You do not know what land or equipment is worth until it actually sells.