Yesterday I was mentioning to Marilyn the conversations on this site are getting a little testy lately. Maybe it is because of the season change? I personally have been in a touchy mood this past week. Harvest has been going well, yields are good but harvest is still stressful. For us cash crop farmers a large percentage of our annual income is coming in during harvest. We do not know exactly what our income potential will be until the last kernal Of grain is in the bin. Now, harvest is over the grain is all in, do I sell the whole crop now? One cent difference in the market means $750 dollars of potential income or loss to me. Ten cents means $7500. This could be the best price for the next year. Maybe I should wait, harvest prices are usually low but maybe not this year. How much should I sell this year for tax planning? How much should I sell this fall to clean up the fall harvest and fertilizer bills? First obligation is to pay off a quarter million dollars of this year s crop expenses. It is getting close to the time to set up the new line of credit for next year at the bank. How much do I ask for? How much can I afford to ask for? Will the banker say yes to the proposal or no? What hybrids do I plan for next year? One of the hybrids I chose this year fell out of bed but another hybrid did great. If only I would have done this or that I would have better yields and more income potential. I sure hope the $15,000 transmission does not go out in my main tractor. Do I disk in the turkey litter being spread on my land this fall or do I leave it lay exposed all winter and possibly lose nitrogen that will have to be purchased next spring?
All of those thoughts come together in my mind every fall and I am sure every other full time cash grain farmer who posts on this site has the same thoughts running through his or her mind. I feel very lucky this year but that does not erase the ongoing concerns about the health of my farming operation. Many farmers are looking at low yields this year, many farmers can not get the crop out, all of those dollars are still out here hanging on a stalk behind a big impenetrable barrier. It s a big unknown, when can those dollars be collected.
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Today's Featured Article - History of the Nuffield Tractor - by Anthony West. The Nuffield tractor story started in early 1945. The British government still reeling from the effects of the war on the economy, approached the Nuffield organization to see if they would design and build an "ALL NEW" British built wheeled tractor, suitable for both British and world farming.
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