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Started By
Message
re: OB Farmers
Posted on 2/27/19 at 8:40 pm to Midtiger farm
Posted on 2/27/19 at 8:40 pm to Midtiger farm
quote:
No it’s 100ac zero grade
Even in South LA ive seem 200ac fields that have a couple 50+ ac cuts
I've seen big fields too. They still have levees around them. I've seen several 60-70 acre cuts within fields.
I don't get why we are going back and forth on this...
0
Posted on 2/27/19 at 8:43 pm to Decisions
On most farms I agree
Ice cream dirt?
Nah.
Ice cream dirt?
Nah.
Posted on 2/27/19 at 8:52 pm to Decisions
Where’s your dirt returning 7%? Shoot me your email addy and we can discuss terms.
Posted on 2/27/19 at 8:53 pm to p&g
quote:
Only farmers making good money now is sugarcane.
Kind of depends on what you consider “good money.”
I’m pretty pleased farming cotton and corn.
Posted on 2/27/19 at 9:05 pm to prostyleoffensetime
2.5 bale and 200plus corn
Ok
Ok
Posted on 2/27/19 at 9:22 pm to p&g
Everyone’s break even yield is different. I was looking more for a return on investment percentage.
Posted on 2/27/19 at 9:36 pm to prostyleoffensetime
If I told y’all what our bushel per acre was on wheat an milo in Kansas y’all would call me a liar 
Posted on 2/27/19 at 9:53 pm to FelicianaTigerfan
quote:
If I told y’all what our bushel per acre was on wheat an milo in Kansas y’all would call me a liar
Well, let’s hear it. I’m sure you’ve been called worse.
Posted on 2/27/19 at 9:56 pm to FelicianaTigerfan
Nope. That’s why I asked about roi. Yield matters, but how you got to that yield matters more.
Posted on 2/27/19 at 10:07 pm to highcotton2
Our best wheat in 16 years on 400 acres has been 31 bushels an acre. Most years it’s 5-10. Some years it’s been 1 or 2. It’s custom cut cut so we usually break even with insurance. Income come from bailing / grazing wheat stubble.
Posted on 2/27/19 at 10:12 pm to Decisions
quote:
OR you could put 200k down on TWO $1M properties returning 7%, borrowing the other 800k at 4%.
Do you mean borrowing the other 1.6 million?
Posted on 2/27/19 at 10:24 pm to FelicianaTigerfan
quote:
Our best wheat in 16 years on 400 acres has been 31 bushels an acre.
That I believe. People think of Kansas as a wheat state which it is because of the numbers of acres planted to wheat. But there are lots of better wheat growing areas in the US but that means they will also grow other crops.
I had a guy stop on the side of the road when I was cutting wheat a few years ago and he wanted to ride in the combine. As I was cutting he said he had never seen wheat like that and I asked him where he was from and he said Kansas. The most he had ever cut was about 42 bu/ac and this field was averaging about 92 bu/ac.
Wheat yields in our area are going to be down this year though because of all the saturated soils. Lot of nitrogen hasn’t even been put out yet. Calling for lows of 18° next week.
Posted on 2/27/19 at 10:32 pm to highcotton2
Our place is in the center of thousands of acres. The guy that farms it can basically do it with little added extra expense. If he was having to haul equipment in then I’m sure it would just be grazing land. Those south central sand hills suck mostly due to lack of moisture.
After spending some time in that part of the country it’s amazing to contrast from here
I’m still trying to learn grain farming and the market.
After spending some time in that part of the country it’s amazing to contrast from here
I’m still trying to learn grain farming and the market.
This post was edited on 2/28/19 at 1:01 am
Posted on 2/27/19 at 10:39 pm to KemoSabe65
Seems like a good place for this
Posted on 2/28/19 at 6:21 am to highcotton2
quote:
Do you mean borrowing the other 1.6 million?
Yes.
And the 7% return was just an example.
At current commodity prices it’s going to be extremely difficult to farm a profit out of land over $3000 an acre dryland. Technically cotton pencils out, but at some point you’re going to have a year where you grew the crop but didn’t gather all of it due to weather.
Posted on 2/28/19 at 8:05 am to Decisions
You’ll never pay for land farming it.
Those days of fed land bank practically begging folks to buy land are over.
Heck I can’t see paying for it with rent money... perhaps a big cash rent payment from someone could manage it, but I doubt it.
Those days of fed land bank practically begging folks to buy land are over.
Heck I can’t see paying for it with rent money... perhaps a big cash rent payment from someone could manage it, but I doubt it.
Posted on 2/28/19 at 8:16 am to p&g
quote:Agree and my calculations told me this even with higher prices in 2012-14.
You’ll never pay for land farming it. Those days of fed land bank practically begging folks to buy land are over. Heck I can’t see paying for it with rent money... perhaps a big cash rent payment from someone could manage it, but I doubt it.
Posted on 2/28/19 at 9:01 am to p&g
quote:
You’ll never pay for land farming it. Those days of fed land bank practically begging folks to buy land are over.
Never say never, bud. I’m sure the guys in the early 80’s said the same thing.
Posted on 2/28/19 at 9:08 am to Decisions
Well for the time being.
I’m not one of those who tries to predict the future
I’m not one of those who tries to predict the future
Posted on 2/28/19 at 9:24 am to Decisions
Tons of farm land was bought for pennies on the dolla back in the 80's when interest rates dropped.
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