Here in Maine the licensing required for bottling honey is pretty dumb. If you take chunk of honey comb and throw it in a dirty jar no license required. Now if you take that frame cut the cap off of the honey comb with a hot knife, put the frame in a honey spinner to extract the honey from the honey comb, then filtered and jarred you need a license because now it's "processed". We had a farm store selling our pork and beef raised on our farm that was usda inspected and other local products. Sales dropped and we were forced to close the store.
Finally someone from the I states hit on the fact that while you had a drought there we had record acreage in Texas and a wet spring with more corn than we’ve ever seen; and somehow it’s unfathomable to some people the USDAs bushel numbers.
It was actually a big carry and basis win with grain bins this year. 12+ gain per contract roll and basis gain and bins made 40-50 cents/bushel. But grain bins are not for board speculation. Just like last year price gain had nothing to do with storing the grain.
@1:01:36 "we have to keep some agriculture around here" " our ending stocks are massive" What about changing demand though, what about population growth, what if we get to the point that we cannot improve yield as fast as the growth in consumption?
Renewable Diesel is completely uneconomical on its own as it’s in the $5-$6 production cost range. Easiest way to figure what it costs to produce a gallon of RD from beans is to take the soy oil price times 8 and add $1-$2 for overhead. So we have to have the very states we cuss aka California say yes we will pay 30-50% more for diesel.
If there is EVER A TIME to get in ANY Market, it is when it is at The Bottom! That’s where the Cattle Market is, and NOW is the Time to Get In, Especially if you are Already a Hay & Corn Producer!
You talk about global market for traditional crops, but yet you are trying to add value with your own pork processing. Maybe you should look at large scale fresh vegetables for local market.
You do realize CRP hold the dirt from all the plant roots, doesn’t fill in ditches. When you guys plant corn and soybeans, you guys aren’t even making enough rock structure to hardly do anything that’s why I have. The corn plants are washed out Create breeding ground for more natural animals snd plants to reproduce. And if you mow it and take care of it right, it should never have anything overgrown in it. Just at Farmer that wants to farm more but doesn’t think about what actually is helping him more in the long run.
New drinking game. Every time this guy says “ YANO” you take a shot. I’m plastered 17 minutes in….
Yano you’re right 😂
Fuck you, I just caught myself counting everytime he says yano and now I'm drunk
Between him and torque I'd be passed out halfway through the day interview good catch
More people need to listen to conversations like this ! Everyone needs to prepare for the times ahead……..
Really sophisticated business strategy discussion - people on the coasts have no idea how hard and smart the middle of the country works
Change is as good as a rest. My dad says that and rarely takes a day off
Here in Maine the licensing required for bottling honey is pretty dumb. If you take chunk of honey comb and throw it in a dirty jar no license required. Now if you take that frame cut the cap off of the honey comb with a hot knife, put the frame in a honey spinner to extract the honey from the honey comb, then filtered and jarred you need a license because now it's "processed". We had a farm store selling our pork and beef raised on our farm that was usda inspected and other local products. Sales dropped and we were forced to close the store.
I appreciate what you guys do, thank you
Finally someone from the I states hit on the fact that while you had a drought there we had record acreage in Texas and a wet spring with more corn than we’ve ever seen; and somehow it’s unfathomable to some people the USDAs bushel numbers.
Gabe Brown and the folks at Understanding Ag are masters at stacked enterprises with what you have available
Love the podcast. Always listen to it while driving.
Any show with this will do farm and Big Ben, is a good time to listen too
I think I’m going to like this one. Specialization was a trap. Most of us fell for it.
Very interesting gentleman, he seems like an intelligent businessman and rancher.
Good morning everyone
Great Podcast 💪🤠👍
Thanks for another great podcast
It was actually a big carry and basis win with grain bins this year. 12+ gain per contract roll and basis gain and bins made 40-50 cents/bushel. But grain bins are not for board speculation. Just like last year price gain had nothing to do with storing the grain.
Legend has it that a farmer once won a 10 million dollar lottery, but he just continued to farm until he lost it all.
With the hogs do you have any distillaries around to get mash from for feed? Or is that really an option.
Great podcast! Makes for good listening whether at work or picking out new bull from Iowa and haul back Wisconsin. Lol
Thanks again
Sweet I made it into one
Isn’t it the third reoccurring guest? Uncle Trent, David now Big Ben.
Guys you have a platform, start putting pressure out there to change the FDA rules. It’s a matter of National HEALTH
Ya know
@1:01:36 "we have to keep some agriculture around here" " our ending stocks are massive"
What about changing demand though, what about population growth, what if we get to the point that we cannot improve yield as fast as the growth in consumption?
Renewable Diesel is completely uneconomical on its own as it’s in the $5-$6 production cost range. Easiest way to figure what it costs to produce a gallon of RD from beans is to take the soy oil price times 8 and add $1-$2 for overhead.
So we have to have the very states we cuss aka California say yes we will pay 30-50% more for diesel.
🎃🎃
Barn barn barn farm farm farm
If there is EVER A TIME to get in ANY Market, it is when it is at The Bottom! That’s where the Cattle Market is, and NOW is the Time to Get In, Especially if you are Already a Hay & Corn Producer!
You talk about global market for traditional crops, but yet you are trying to add value with your own pork processing. Maybe you should look at large scale fresh vegetables for local market.
You are growing because Illinois is dying.
Eat food! Burn oil and natural gas for fuel. This guy wants to burn more food in our cars and trucks. End the subsidies and that market falls flat.
You do realize CRP hold the dirt from all the plant roots, doesn’t fill in ditches. When you guys plant corn and soybeans, you guys aren’t even making enough rock structure to hardly do anything that’s why I have. The corn plants are washed out Create breeding ground for more natural animals snd plants to reproduce. And if you mow it and take care of it right, it should never have anything overgrown in it. Just at Farmer that wants to farm more but doesn’t think about what actually is helping him more in the long run.