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Posted on 6/6/19 at 8:38 am to Meaux Bettah
Wrong board bitch.
Posted on 6/6/19 at 8:41 am to Meaux Bettah
While the tariffs don’t help, there’s been like 5 or 6 consecutive years of high yields in both the USA and South America. The world has a surplus. Tariffs are just a convenient thing to bitch about.
And the bitching is working. With an MFP payment, soybeans go from a breakeven venture to a profitable venture in the neighborhood of $100+/acre.
eta: for the record, I’m a farmer, and don’t have any soybeans. A corn and cotton rotation is more profitable when you don’t factor in gov assistance, which is not guaranteed, but usually happens anyway.
And the bitching is working. With an MFP payment, soybeans go from a breakeven venture to a profitable venture in the neighborhood of $100+/acre.
eta: for the record, I’m a farmer, and don’t have any soybeans. A corn and cotton rotation is more profitable when you don’t factor in gov assistance, which is not guaranteed, but usually happens anyway.
This post was edited on 6/6/19 at 8:45 am
Posted on 6/6/19 at 8:47 am to prostyleoffensetime
No mfp payment this year
Without it last year most farmers don’t pay out.
Farming is the only industry in the history of the world whereas a product is produced and the producer has no say whatsoever in how much they charge consumers for their product.
When you nerds go to a bank yearly and borrow 7 digits to make a living, get back with me.
Without it last year most farmers don’t pay out.
Farming is the only industry in the history of the world whereas a product is produced and the producer has no say whatsoever in how much they charge consumers for their product.
When you nerds go to a bank yearly and borrow 7 digits to make a living, get back with me.
This post was edited on 6/6/19 at 8:48 am
Posted on 6/6/19 at 8:52 am to Meaux Bettah
Farmers buying brand new John deers financed at 120 months is what did them in.
Posted on 6/6/19 at 8:58 am to p&g
My understanding is that there will be an MFP payment, but now with all of the PP going on, it’s thrown a wrinkle in. Is it all going to be rolled into that disaster bill?
It’s all kind of vague and jumps around, so the best thing to do is to plant what you think you can make a reasonable return with and if they decide they want to dole out some money, well okay.
It’s all kind of vague and jumps around, so the best thing to do is to plant what you think you can make a reasonable return with and if they decide they want to dole out some money, well okay.
Posted on 6/6/19 at 9:00 am to prostyleoffensetime
quote:If you have the land to support such. Also, I've recently heard of gins not having capacity to take on cotton, never heard of this before but makes sense since nearly all the "neighborhood" gins are long gone. I guess those remaining gins can now name their price, too.
A corn and cotton rotation is more profitable
This post was edited on 6/6/19 at 9:02 am
Posted on 6/6/19 at 9:01 am to p&g
quote:
No mfp payment this year
It’s looking more likely that there will be. We don’t grow soybeans either, though. Its best to assume you get nothing and be pleasantly surprised when you do.
If it’s such a gravy train everyone else is welcome to join in whenever they want.
Posted on 6/6/19 at 9:02 am to Nado Jenkins83
Yeah that’s what it was jd payments ... bad managers of money are bad managers of money.
Regardless what business you’re in.
Regardless what business you’re in.
Posted on 6/6/19 at 9:04 am to Decisions
I agree with that.
Only thing farmers can do now is manage expenses best you can and hope for yield.
Only thing farmers can do now is manage expenses best you can and hope for yield.
Posted on 6/6/19 at 9:06 am to White Bear
quote:
If you have the land to support such.
Cotton is surprisingly forgiving of what dirt it can be grown on. Corn is the finicky one.
I can consistently grow 3 bale cotton on well-drained, irrigated clay. I struggle to push over 180 on corn on it, though.
Posted on 6/6/19 at 9:08 am to Meaux Bettah
Sounds like there will be some cheap tractors and F250s with truck nuts.
Posted on 6/6/19 at 9:11 am to Meaux Bettah
You can call Trump stupid all you want. He is a lot of things, but "stupid" really isn't one of them.
I am a moderate, that leans conservative, and if Obama or Clinton had taken on the Chinese in this manner, I would have loudly supported them too.
China has cheated so long on trade, that it seems normal to be fricked over by them. Trump, FINALLY, said "enough!"
I am a moderate, that leans conservative, and if Obama or Clinton had taken on the Chinese in this manner, I would have loudly supported them too.
China has cheated so long on trade, that it seems normal to be fricked over by them. Trump, FINALLY, said "enough!"
Posted on 6/6/19 at 9:11 am to Decisions
quote:10-4, irrigation makes a difference.
I can consistently grow 3 bale cotton on well-drained, irrigated clay.
We depended on mama nature 100%. My old man retired 20yrs ago.
Posted on 6/6/19 at 9:14 am to Meaux Bettah
To hell with them. We need to cut out all of this subsidy bullshite. The market will fix it eventually.
Posted on 6/6/19 at 9:17 am to Ponchy Tiger
I’m sure relying on other countries for food will work out great
Posted on 6/6/19 at 9:18 am to Meaux Bettah
Farmers do three things.
1. Annually fricking poor mouth.
2. Live in giant fricking homes
3. Drive expensive cars.
1. Annually fricking poor mouth.
2. Live in giant fricking homes
3. Drive expensive cars.
This post was edited on 6/6/19 at 9:26 am
Posted on 6/6/19 at 9:18 am to White Bear
quote:
irrigation makes a difference. We depended on mama nature 100%. My old man retired 20yrs ago.
No doubt. It’s only a relatively recent thing for us. I’ve got nothing but respect for the ones who made it without the tools we have now. They were/are some tough, good men.
Posted on 6/6/19 at 9:19 am to Topwater Trout
quote:
Farmers bitch more than teachers do
And just as much as commercial fishermen.
Posted on 6/6/19 at 9:21 am to Hammertime
quote:
Mexican Coke is better anyway
Someone had to say it.
Use bigger bottles and i'll start buying american.
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