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Re: Grain contracts


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Posted by bc on November 02, 2010 at 07:33:07 from (69.151.29.110):

In Reply to: Grain contracts posted by Reid1650 on October 31, 2010 at 16:56:01:

Reid, I think it might be a little presumptious for a person who didn't do his homework to call the landlord "shady" if he had 400 acres to start with. Particularly since he made it right and adjusted the contract to what you planted. A lesser person may have told you tough luck since you didn't do your homework. And you supplied the contract. Don't blame him for your mistakes.

Perhaps you should live and learn from this. 120 to 400 acres is hard to come by. Maybe you two should just be laughing together at your rookie mistake. Then you and he should take a good look at what it would take to make the other 280 acres tillable. Maybe work out a long term contract for the non-tillable acreage with him after you get an estimate of costs. Unless there is too much timber or something. Post a state, section, township, & range description and maybe the folks here can look at it on google earth and the web survey and give you some advice.

You should work on making this a win-win situarion for the both of you. And now you know not to forward contract without crop insurance. Crop insureance will require the FSA field surveys. You can't predict acreage without a measurement and you definitely can't predict the weather, disease, and bugs. Doesn't take much of a freeze, drought, hail, disease, or bugs to wipe out a crop. BTDT. I thought about dropping insurance a few years ago but we've made a bunch of bucks off of it just insuring for average yield.

For a new guy, the FSA office and your county extension agent are your friends. Farming is a long term deal. I'm surprised you ordered fertilizer without doing some soil testing at least till you have some history on the land.

Sounds like you are too young to be an ag college graduate. A K-State grad would know some of the things we are talking about. There is a lot of science behind farming and you need to take some courses somewhere.


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