SWallis1963

@gregzimpleman It was the second best decision my father made in his career our farm has been on a fiscal year since 1980 His best decision was to buy land every chance he could

People ask me what is a decision that helped our farm operation when we became incorporated. Not having a Dec 31 year end. Fertilizer companies, seed companies etc….know that the money is gonna flow to them at that time.

@Cetter15 If we plant 150 mil acres of corn and raise only 170 bu per acre that’s 25.5 billion the price will start with a 2

@ThrillaRilla369 42 for us

My parents have been married for 39 years. Has anyone else been married to the same person for 30+ years?

@gwiesefarms No I don’t believe so the correct question is your yield more or less than last year

Trying to do some tough math in my head… If every farmer is disappointed in their crop because the yield potential appeared to be higher but didn’t get there.. And every field was slightly above APH.. That still makes for a potential record crop, right?

@cfarms76 @_TheMizzouTiger $40 today is a lot smaller percentage of that acres gross income than the 30 was in 1985

The difference between 1985 and 2025 is not that the interest rates are killing farmers it’s the input prices. It’s never the same…

@Matthew1530896 @cfarms76 Take 2.23 times the national average yield for corn of that year put that total in the inflation calculator then compare 4.00 times 186 and see what the difference is it will still be some difference but not the 3x your showing

@cfarms76 Their $2.23 corn should be a current price for us today of $6.70. The trade corruption is what’s killing us

@oelma__ Wilhelmene and Helen

@theLandTalker I farmed thru the eighties there are all kinds of differences now 1. No non ag money buying land in the eighties 2. Long term interest rate was 2x of today 3. Only asset loans back then no lender cared if you could cash flow it 4. Farmers with big land debt arent as leveraged

Did the 1980's look like this? Strong Prices in Hancock Co, IL. SOLD! TRACT 1 - $20,150.00 PER ACRE TRACT 2 - $20,100.00 PER ACRE TRACT 3 - $13,700.00 PER ACRE TOTAL - $4,337,209.50

@BenRiensche @_TheMizzouTiger @theLandTalker Not in sw Indiana 20k plus for 80 that needs tile Bought by a farmer

@AgrisAcademy My father and grandfather built are grain system in 1978 my big bin in that project was a 48-15 ring bin still using today on second set of fans and unload original floor this a generational investment not a decade investment

Building new bin space does not pay enough relative to other opportunities we see for farms. The inflation in building space has out run the returns Here are the assumptions and the MATH - Building space for storing corn, soybeans with the only income stream from storage. Grain conditioning, wet bins, cooling bins are other revenue sources. - The long tern NET returns of storage are 30 cents a bushel. Keep in mind interest, shrink, electricity, taxes have to come out of the gross - Cost of new space including conveyance 3.00 per bushel of space. Includes site prep, concrete, steel, labor, load in and out. (If you can get it done in your geography cheaper share on X for your fellow farmers) The dreaded MATH 1. It is a 10-year payback 2. Internal Rate of Return 6.3%. This includes the tax shield of 100% upfront depreciation. This is how corporations value projects or acquisitions. (Mike and I have bought everything from palm plantations to cow kill plants on behalf of INC.) There is no reason farms can't use the same analytics. IM if you want the model. It is super easy to put in your own assumptions. 3. If I am borrowing at 9% on $3.00 per bushel it 27 cents a bushel just in interest cost. It is not that bins for basic storage do not pay it they don't pay enough. We see higher returning projects. We also find that as merchandising skills increase storage demands actually decrease. Get the education no one else has been willing or capable of teaching. Class starts Dec 2. Agris Academy

@GrainsGorilla Very few 5-10% of the norm

Just want to throw this out there to get an idea of what Bulls are expecting with a China deal. How many Beans do you actually think China buys for this marketing year?

@AmandaBrodhagen Sorry for your loss

Today has been the hardest day of my life. I lost my dad in a farming accident. He died doing what he loved most: farming. He was the hardest working person that I know. He cared so much about the land, for the cattle, and being a good neighbour. Love you forever dad. ❤️

@BenRiensche @gwiesefarms I survived the 80s 2 huge differences today the high interest in the 80s was 18% not 8 And in the 80s almost no out side money buying land It’s my opinion that land might stay flat to down 10% nothing like the 80s of retracting 60-80%

May I suggest you build your own balance sheet and then run it by your lender. Don’t let someone else build it for you. This is your position. Only you know it and only you should build it. Ask for help if needed.

@FarmerCJohnson @gwiesefarms If you count land payments then you must count rent payments

@gwiesefarms Including both land and equipment payments?

Aim for no more than 18% of gross farm income going toward total debt service, that balance protects your flexibility.

@PamSmithDTN @chief321 It depends on your point of view

@chief321 Been tough to watch.

@niceblackdude Yes

Did your church mention Charlie today?

Who wants this Chris Boswell signed mini helmet⁉️ RP for your chance to win!

@LeonardSeeds We had .44 for the whole month

@cowbroker New equipment didn’t come down but used sure did

Did new equipment prices ever come down significantly in the 80’s or did folks just quit buying equipment?

@DozzzzzEric Yes since 2014