Adam Bell

@CRNAfarmer2 @DanAllred1 Bought 36 good condition meters for $3 on an online auction a couple years ago. Had a few row command clutches in that lot that made me back about 10x the purchase price

I honestly think I'll make half my shop payment buying parts on Facebook marketplace. Pretty nuts

@74Booger Told ya you needed one!

Played a little game of tetris is today. Gotta say a skid steer is a game changer when it comes to moving equipment in and out of a building. Along with a second person and cell phones

@TandTAg LG is gone, mustang is just going to be northern states. AgriGold covering the rest of the existing territory

Can anyone confirm or deny?

@todd_venning @gwiesefarms @Tedthekelpie Yeah you can do whatever you want with them. Only exception would be a certified wetland with the usda. You could still take them out or drain it but you would forfeit any future eligibility in govt programs

@gwiesefarms @Tedthekelpie Why in Australia are we not allowed to touch the trees; but everywhere else in Europe, Russia, and north America you can do what you like with them ????

How to buy farms with less cash. As completed finance. You purchase 80 acres of combination ground for $400,000. 68 of those acres are dry land while the balance made up of trees, roads and waste. You plan to clean up the trees and be able to farm 77 acres. You also will be able to irrigate this property for next year, greatly increasing the value. Improvements will cost you around $80,000. Once the improvements are complete, the property will be worth $700,000. You could coordinate with your lender to have an ‘as completed’ appraisal done and finance 65% of the final value of the property ($700,000). ◦The math: $400,000 purchase plus $80,000 of improvements equals $480,000. $700,000 value after improvements X 65% = $455,000. This transaction now only needs $25,000 out of pocket to be completed.

@gwiesefarms @kowalchukfarms1 Totally accept the reality, and don’t blame them. Just saying not all 1031 money is from good honest hard work

@agbell10 @kowalchukfarms1 Unfair or not, it’s reality.

Why is being a larger farm somehow bad? Why do other farmers seem to relish in their supposed failures? We have enough outside pressure on our industry that we don’t need to be this dysfunctional internally also… #RegularFarmer #My2Cents

@TheHippieFarmer @gwiesefarms @kowalchukfarms1 Bingo

@agbell10 @gwiesefarms @kowalchukfarms1 The Lebanon Effect

@gwiesefarms @kowalchukfarms1 Except when the 1031 money is coming from govt funded tech infrastructure development. Hard to say that’s not unfair…

Large farms seem to be hated because they have the ability to buy up all the ground at a higher price than smaller farmers can afford. They are seen as having an unfair advantage. Often times, the large farmers are making this purchase through a 1031 exchange, letting more marginal or far away ground go to help support the new, high purchase price. So no, not an unfair advantage. They are using business planning, tax strategies, and knowledge of how money works to get ahead. Something everyone can do.

@AaronBobeck Great time to haggle if you’re in the right cash position

Disagree with 3/4 of this.. Yes 10-15 year old tractors are surprisingly firm, but they're affordable to many. There are plenty of newer high dollar machines out there, just jockeys sitting on a lot of them fake "selling" at auction. Why do you think there's huge discrepancies in values?? Worst time in history to value machines by auction results

@erschwenke @mmimick Floor heat, spray foam, and good windows and doors are a must to make it feel like a house. Floors are hard compared to wood frame but tile everything and it’s easy to clean and floor heat transfers well

Has anyone built a barndominium instead of a stick frame house and been happy with it? We need more room and would like to get on the farm. I hadn’t really considered anything other than stick built but maybe I should.

@_TheMizzouTiger That but long bed was my first truck. Was heaven on earth when I was driving it

That’s it’s. That’s the tweet. Period.

@_TheMizzouTiger @GoddessofGrain Was told they got funding Monday and should go out by the end of the week

@GoddessofGrain It won’t hit soon enough. I still haven’t got CRP payments.

every farm accountant hearing about bridge payments in the middle of tax planning season

@Cetter15 @AaronBobeck Need to keep an eye out for that serial number on the market. If an end user got it for that price then good for him

@AaronBobeck @agbell10 From what I could tell, a fair bit… now how much goes right back on the market, I have no idea. It seemed to be going nearly all over the US honestly.

I spent much of today following along with an equipment auction in the background and mercy have things fallen off. How quickly we went from the equipment scarcity and markups of 2021-2022 to today is insane.

@Cetter15 Gotta assume it didn’t actually sell right?

@Cetter15 9rx in the 140’s. I know it had some hours but dang

@Cetter15 Yeah even with 100k in maintenance it’s a lot of tractor for the money

@agbell10 That’s the one. I’d say it needed new tracks, but still. They sat on that one a while and lost a bunch on it.

@AaronBobeck They were up over 5k for a time back in 22-23 when I priced some

$4,200 for one new Michelin 480/95R50....

@josh_sayler Just looking at some elevator settlements and the couple loads i took in at 20%. $.30 dry charge 7.5% shrink. Plus waiting in line. More bins and drying capacity is definitely in my future

(video is 🤣🤣🤣) 1.5+ hr wait at the elevator. We are in/out bin site 5+- min w/1600bu doubles. "Mr Advisor" says bins don't pencil🤷 we will pick 50-55k bu today and all with 2 trucks/2 drivers. can u imagine what that would take to haul everything to town? + Screwjob on drying and shrink

@brenemanma Same up here at Attica. Piles aren’t full yet and I’ve been rolling through without waiting. Bid improved another $.02 today

Huge corn acres, big yield, bins full of beans and I'm the only truck at POET after rain? Ok.

@_TheMizzouTiger Every fall an expert behind a desk says “just haul it to town” and has obviously never driven 30 Minutes one way to sit in line 2 hours on a sunny dry day

It’s snowing. 45 acres down before dark. O and today’s lesson. Bins don’t pay.

@_TheMizzouTiger 215-70 is my wife’s baby. Haven’t gotten to ours yet but looking forward to it

Rolling. 216-87. 215-70. Love em.