Brady Seehafer
2K posts
@buy_calls @HRT_USA On what planet are beans green and how could you plant corn for 490 an acre??
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@HRT_USA @gfy_ag @snarkosaurous Need to reduce all those numbers by about half and I’m serious. Again, my part of the world. Now compared to corn in my area, we need to gross at least $490/ac for corn. Can almost pencil in a breakeven on that right now, beans are green. That’s the point I’ll trying to make
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I will speak for the farmer here. Maybe outta turn.
-if the farmer has fertilizer bought he’s planting corn
-corn at the CBOT IS HIGHER THAN LY.
-beans in the north are a glorified cover crop at this point.
95+ million acres. Crude has to be respected.
-@snarkosaurous
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@ottoscholl @GoddessofGrain Can I have zero consequences of margin? I really preform well with zero ramifications.
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If you live in Central Illinois and are interested in a side hustle in the grain trade, holler at me.
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@TRaz13 Speaking from experience, that’s one horrible drive.
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@mbacowboy Back to back days of open down big to go green or neutral is bearish to you?
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May feeders feel like they have more downside. The contract held support yesterday, but volume was mediocre and open interest declined. A 38%-50% retracement of the Oct-Feb rally is a likely target for sellers. Bouncing from there, a test of Oct highs is still possible.
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@jwagner_5 @bl_ag_inc It doesn’t get better fyi. You just care less
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2026 will be 6th year since building my seed plant
Years 1-3 were like crawling over glass while pushing a boulder uphill
Year 4 was no more glass, but still a massive boulder
Year 5 finally getting some momentum
S/O to all those crawling over glass right now, hang in there!
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@CBKimbrell Can I do the later and mock you? Or is it one or the other
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Look, I’m not trying to show anyone how smart I am, I’m just trying to give hope and a plan to young folks trying to get a foothold. When you’re young, you can either stay safe by standing on the sidelines envying and mocking those who are in the game, or you can get in the game and take a chance on getting hurt. I highly recommend the latter.
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Lots of people don’t understand this or don’t believe it. It’s why I tell young farmers to buy land as soon as you’re able to swing the payments. Get a couple of places paid off and the advantage compounds.
Grant Wiese@gwiesefarms
Operations that rent more than 50% of their row crop acres are typically hit harder in a downturn. This is due to the fact than when you own acres and take a loan to make the purchase, your loan payment amount stays the same for 30 years and eventually will be a manageable payment as yield increases and there is inflation. Contrary to owned ground, rental rates are always moving higher with the inflation, making these operations to work long term. This is the advantage of buying and owning your ground.
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@Seehafer55 I was too young back then, but I bought thousands of acres in 2002-2007. Those farms are worth 5-6x what I paid for them.
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@Seehafer55 I’m not saying it can’t happen, but the only time land has gone backwards in my lifetime was a 5 year period in the 1980s.
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NO idea if she is a bluffer
Don't really care
Tagging commercial calves at birth is the most useless and zero return on investment,risk vs reward and unneeded human intervention in the whole cattle industry
The cow knows which calf is hers and can't read an eartag anyway
Baylee Wilson@herefordnharley
@TheDailyCowman I see it is not tagged…is she not a bluffer?!
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@NoahTaylor76 @GarthGatson Better start have conversations with the bank- mays coming fast!! Pairs gunna be lit. Bred 2nds just brought 5700 at local barn
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@GarthGatson $6-65000/pair. I’ll turn around and buy ground. Then ask the banker for money for turn outs and start over.
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Is there a price level at which you would sell a large portion of your herd? If so, what is that price level? What would you sell, and what would you do next?
These are questions that cattle producers like myself should probably be considering, similar to drought planning.
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You could maybe breakeven at today prices depending on death loss. You finance them for 7 years, will they breakeven for all 7 years until paid off? If you make it through the first 7 years you will need to start a replacement plan. I wonder what year you would actually make enough money to make it worth your time?
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Why did you leave out the choice: “buy 50 bred heifers” oh that’s right …. @grok what do you think
Ryan Hofford@rhofford
Hey @grok, if you had $250k which would you invest in: bitcoin residential real estate farmland gold
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Brady Seehafer retweetledi
@CBKimbrell @gwiesefarms A lot of pasture west of me sold easements just to survive. Never thought someone would willingly do it.
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@Seehafer55 @gwiesefarms Yes. My plan is to put it in a conservation easement if possible.
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What was the most difficult financial decision that you had to make this year?
Why was this a hard decision for you?
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@CBKimbrell @gwiesefarms You’re relying on grants to pay for a property? 😬
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Buying a scenic ranch on the verge of development that I didn’t have enough cash to pay for outright. It was one of those places that would lead to a lifetime of regret if I didn’t buy it but my plan as to how to get it paid off is sketchy because it takes time and relies on tax credits from a state that can’t pay its bills and grants that are quickly getting axed. It would develop easily as a plan b but I think that would be a crime.
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I was just told that @PifersAuction @pifersauctions representative told another bidder that "a guy from SD on the state line" won the auction. #1. that's so damn vague and I can see how that rumor started then. Why not give out the actual name??????? #2. I fully expect Pifers to clear this up publicly, as this is on the verge of defamation and it's obvious who the assumption points to ... Or maybe they did purposely to draw attention away from the actual "rent pusher".......
SodBuster@josh_sayler
PLEASE SHARE.... I am putting this out here to try to get the TRUTH out and STOP misinformation that is damning to my reputation/business. I/my kids DID NOT BID or register on any of the land rent auctions around Wishek/Zeeland ND area. The rents went almost double of current prices and am being accused that I bid/won all 3 of them... I am not sure who/why started the rumors and I have called some people that I respect in the area to find out what they have heard, and man I get the feeling they are pissed(rightfully so) and don't really believe me. This is NOT what i do or have ever done. I did not get where I am by "running rents". I have NO interest in bidding on a rent auction as I want long term landlords, not ones who might put on auction every 3 yrs. The damage this misinformation is causing with friends, current landlords, reputation etc, is horrible/frustrating.. I found out this morning it was talked about at an ag meeting in Fargo!!! Wtf. So from that statewide meeting , it is being spread statewide and I am being accused of being a land "pig/rent pusher" statewide and that is NOT how I want to be known... I am trying to get in contact with Pifer auction company and get them to prove that I wasn't even registered to bid on anything. Thank you for taking the time to read this .
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@Seehafer55 My wife would say I spend more time with the cows than her. I think it’s a huge mistake to ignore the grain side of an operation and not try to make it as profitable as possible. But Hey, that’s just me you do you.
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This won't be fun, but I'm going to stress test the farm operation today. Running yield & price scenarios, accounting for crop insurance and PLC, to see what it would take for the farm to run out of cash to continue. Going to look at it by month through 2029. I might need a drink after doing this 🍺
GIF
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@CowsnRedbirds Is the heifer retention out pacing the culling tho??
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Everyone leaning hard into cattle. Grain guys looking at diversifying. Carcass weights at unprecedented levels, record imports, heifer retention. Proceed with caution. Look beyond this fall.
GIF
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