That’s the title I’d put on this year. Agree? To be honest, it’s probably the title to put on any year in this industry. Every year will bring you some of each, but with a little reflection and plotting, I’m just putting it out there that you can add a few tics to that W column, and take a few L’s away.
Grain prices are still kind of in the bucket, aren’t they? I hear you. But in honor of Thanksgiving, let’s chase away the blues today and speak some truth: maybe things aren’t always so rosy, but there’s always something to be thankful for, no matter what.
I’ve lost count of how many conversations I’ve had this week alone about the prospect of not making any money in 2015. I don’t know—maybe it’s the cold driving morale so low because the facts suggest otherwise. As I’m writing this, December delivery on the Chicago board of trade, corn is selling at $4.25, soybeans at $10.25. In the last 40 days or so, corn has rallied 60 cents a bushel and soybeans $1.25. These are good signs!
Last week, I made a case for getting out in your fields and getting some work done now so as to cross some items off your springtime to-do list. Wheat growers, you might have read that article and felt pretty darn good about things.But you’re not off the hook quite so easy. It should come as no surprise to any grower anywhere in the world that there is always something to be done.
Anyone else getting tired of political ads? The politician funding the ad is always the best candidate, and their opponent the worst—the one a clear and obvious winner, the other a total loser. No ad ever offers that, “Yeah this guy is good, but that guy isn’t too shabby either”, or that “This dude actually isn’t so hot, but we’re going to distract you by picking on that other dude.”
Our industry, sometimes, isn’t so different.
It’s been about a month since I wrote my fall burndown article, but today, we’re on the very cusp of actually doing it. And everybody’s got a program that’s better than your neighbor’s, right? This one offers a rebate, this one a finance option, this one a new coat for your wife, this one some other shiny object.
Last week, I talked about the importance of a good rotation plan for the success of your operation. Today, let’s talk about hybrid selection and plotting since matching the right variety and traits to the situation at hand is as important as your rotation plan when it comes to achieving the highest yields possible.
So you probably know which acres are going to wheat next, right? You know this because it’s happening soon, if not already. But what do you know about the rest of your acres? Do you have their rotation plan hammered out yet?