PROFIT Margins in GMO v. Non-GMO Corn

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  • Опубликовано: 11 сен 2024
  • Test Trial yield and profit results comparing Hybrid85 non-GMO corn to Dekalb Roundup Ready BT technology corn.

Комментарии • 71

  • @ThomasT341
    @ThomasT341 22 дня назад +4

    My appreciation for all that farmers do to feed us grows immensely with every new video...

  • @MartinP1214
    @MartinP1214 22 дня назад +4

    Thanks for making easy to understand videos about farming and marketing your products.

    • @PatrickShivers
      @PatrickShivers  22 дня назад +3

      @@MartinP1214 thanks for watching and commenting Martin! These videos aren’t possible without viewers’ support.

  • @luisnunes7933
    @luisnunes7933 22 дня назад +4

    Hello, Patrick! Never loose hope of better days...

    • @PatrickShivers
      @PatrickShivers  22 дня назад +4

      @@luisnunes7933 thanks Luis! The Lord’s will be done.

    • @luisnunes7933
      @luisnunes7933 21 день назад

      @@PatrickShivers 👌

  • @jimmystrain883
    @jimmystrain883 17 дней назад

    Very informative, enjoyed it very much, thank you for sharing

    • @PatrickShivers
      @PatrickShivers  17 дней назад +1

      @@jimmystrain883 thanks for watching. I have 501 farm videos, a lot of which are doing comparisons or explanations

  • @BryanFowler-ty4yj
    @BryanFowler-ty4yj 7 дней назад

    I've done some trials of my own with Hybrid85 and in a good year the GMO seed usually beats it. In a bad year the Hybrid85 completely smokes the GMO (pioneer). I continue to plant both but I really like the lower investment of the Hybrid85. You should do a dryland trial next year. Really enjoy your content!

    • @PatrickShivers
      @PatrickShivers  7 дней назад

      @@BryanFowler-ty4yj dryland corn where i live yields 0-70 bushels depending on the year. No chance of me planting that.

  • @chrisfrench8511
    @chrisfrench8511 22 дня назад +2

    Patrick..Great job again. Let`s pick some Butter Beans????

  • @lrn_news9171
    @lrn_news9171 19 дней назад +1

    In many cases, Non GMO produces equal or higher yields there's been a trend of returning to non GMO in recent years where farmers don't really see any benefits with growing GMO anymore.

    • @PatrickShivers
      @PatrickShivers  19 дней назад

      *in RARE cases non-GMO yields higher (per all field trial data I’ve seen and per the producers of non-GMO seed). The benefit is it doesn’t have to yield as high to make more money. In this trial that wasn’t the case. The Dekalb yielded enough to cover the difference in seed price and then some. It costs $84.25 less per acre (equivalent of 19 bushels)to grow the non-GMO, but the Deklab made 23.5 more bushels per acre than the non GMO.

  • @nezrom9864
    @nezrom9864 21 день назад +1

    I enjoy your channel because I learn something.

  • @MorganOtt-ne1qj
    @MorganOtt-ne1qj 22 дня назад +1

    C'mon Patrick! Heights don't hurt you! Falling doesn't hurt you. It's the landing that makes all the difference! I was happy to see the Dekalb come out ahead, not because I like Dekalb, but because I am a believer in GMO being a better way to go if you want to stay in the business. 👍👍

    • @PatrickShivers
      @PatrickShivers  22 дня назад +2

      @@MorganOtt-ne1qj the GMO seed costs WAY more, but turns out it’s worth it. I did learn that the Roundup application wasn’t necessary.

    • @johndeere7245
      @johndeere7245 21 день назад +1

      Dekalb does inventory straight conventional hybrids as well as RR only. You got to plant refuge with Bt anyway, you can always put your refuge in a block and do yield checks. Thinking about swapping around to a conventional Dekalb for next year, although I do like having the option for Roundup for grass control.

  • @gregrhodes8451
    @gregrhodes8451 22 дня назад +1

    Thank you for sharing Patrick!

    • @PatrickShivers
      @PatrickShivers  22 дня назад

      @@gregrhodes8451 thanks for watching Greg!

  • @jaybeeman3628
    @jaybeeman3628 19 дней назад

    I told Dekalb was going to when. Lol great video

  • @Swalley311
    @Swalley311 21 день назад

    Great data brother....this one would be worth doing a multi-year trial!

    • @PatrickShivers
      @PatrickShivers  21 день назад

      @@Swalley311 I have a 3 way peanut variety trial coming up in October.

  • @nezrom9864
    @nezrom9864 22 дня назад +1

    Glad you safely got the auger in place. I got dizzy just watching the video. I was guessing that the higher price for non-GMO corn would make it more profitable.

    • @MorganOtt-ne1qj
      @MorganOtt-ne1qj 22 дня назад +1

      Maybe. But if you want Full Organic Certification, you have to go 3 years using ONLY Organic products for seed and nutrients. Just non GMO doesn't get you much extra premium $. Unless you are contracted for it.

    • @PatrickShivers
      @PatrickShivers  22 дня назад +1

      @@nezrom9864 it is possible (but very difficult) to find some premium markets for the non-GMO. The overwhelming majority of non-GMO is sold mixed in with GMO.

    • @microsoilenhancersinspirey5750
      @microsoilenhancersinspirey5750 21 день назад

      @@PatrickShiversthat was my problem growing non gmo.. those premium contracts are hard to find..
      I’ve had one in 5 years. It was a good one but one in 5 is hard to run an operation.
      Great information you provided!

  • @ricksanchez7459
    @ricksanchez7459 22 дня назад

    Was rooting for the hybrid, it looked really close.
    We have filled our bin, everyone needs to while the gettin is good. Went with a 15/85% soybean meal/cracked corn for not much more $ than 3-way commodity mix.

  • @landonandrews3013
    @landonandrews3013 20 дней назад

    That’s a good view from the top of that bin

    • @PatrickShivers
      @PatrickShivers  20 дней назад

      @@landonandrews3013 in some of my videos from previous corn harvest seasons I spend more time showing the view and talking about it.

  • @tonyhorton152
    @tonyhorton152 22 дня назад +2

    Glad the hybrid won!!!

  • @byronglover7998
    @byronglover7998 22 дня назад +2

    Roughly a $100.00 an acre more on the net

    • @PatrickShivers
      @PatrickShivers  22 дня назад +3

      @@byronglover7998 the hybrid85 cost $85/acre less to grow. That gave them a 19 bushel cushion at current corn prices. Dekalb covered the 19 plus 4 more. That means Dekalb made about $16 more profit/acre.

  • @johnscurlock1204
    @johnscurlock1204 21 день назад

    Hope you do well . In my area , NC , we had a severe drought and some of the corn looks bad so I don’t know how the farmers did . It looks like a rough year for them.

    • @PatrickShivers
      @PatrickShivers  21 день назад

      @@johnscurlock1204 corn are at a historic low, soybeans and cotton are also through the floor. Safe bet to say everyone farming row crops is going to lose money this year.

  • @tonyhorton152
    @tonyhorton152 22 дня назад

    Just curious why aren’t you growing cannabis? My dream in life is to farm cannabis and turn it into to extracts. The margarine seem better in weed than corn the more I watch you. But I’m sure I’m missing lots of aspects if the business. I love the videos Lee it up!

    • @PatrickShivers
      @PatrickShivers  22 дня назад +3

      @@tonyhorton152 you’re missing a double LOT. I went to several meetings when they were rolling out hemp farming in Georgia for the CBD industry. It’s virtually impossible to grow for a profit while adhering to the regulations (no herbicides or pesticides allowed and every known pest that effects any crop in GA doubly effects hemp). I met a farmer that grows it green houses. He said the only way to keep it from “going hot” (breaching the legal thc content level) with our growing conditions is to pay off the inspector. According to the people in the industry I have conversed with no one has successfully done it yet.

    • @jamiecollins1220
      @jamiecollins1220 22 дня назад +1

      I have some friends in Alabama was approached about growing hemp said they couldn’t make any money on it also too many regulations. They just sticking with cotton.

  • @tater357
    @tater357 5 дней назад

    So, the GMO corn got sprayed with Round Up, but the Non GMO corn didn't? Was the cost of the Round Up included in these totals?

    • @PatrickShivers
      @PatrickShivers  4 дня назад

      Yes, it was. I detail every input cost and what the yield difference is going to have to be to cover the cost in a pre-harvest yield estimate video.

  • @tonyhorton152
    @tonyhorton152 22 дня назад

    I want to farm! I work in a bakery and working outside looks much more fun!

    • @PatrickShivers
      @PatrickShivers  22 дня назад +1

      @@tonyhorton152 but you get a paycheck every week. We work all year in hopes of getting paid. Sometimes it works out, sometimes it doesn’t

  • @user-yo9pd2vj7b
    @user-yo9pd2vj7b 21 день назад

    Nice job helo from israel😊

    • @PatrickShivers
      @PatrickShivers  21 день назад

      @@user-yo9pd2vj7b Shalom, shalom my friend. Stay safe over there.

  • @salt-team-six5883
    @salt-team-six5883 22 дня назад

    hope your yields are huge

  • @BestFarmROI
    @BestFarmROI 22 дня назад +1

    So, when you're crawling around on the top of the bin, why don't you use a safety belt??

    • @PatrickShivers
      @PatrickShivers  22 дня назад +1

      @@BestFarmROI I’m fine working on top of the bin sitting down. To get those chains undone I have to stand up on the highest point of bin and reach up as high above my head as I can, that part gets me nervous. I’ve been climbing up bins since I was 12, I’m currently 42 and I have never once seen someone use a safety harness while climbing on one.

  • @jamiecollins1220
    @jamiecollins1220 22 дня назад +1

    Those augers are very dangerous I worked on a farm when I was a kid and the owner got killed by one of those just like you were working on wind blew it down on him he was under it.

    • @PatrickShivers
      @PatrickShivers  21 день назад

      @@jamiecollins1220 it sways 6’-7’ feet side to side while backing up at 0.5 mph. They are hyper dangerous.

    • @jamiecollins1220
      @jamiecollins1220 21 день назад

      @@PatrickShivers yes and it is very dangerous. I cringe everytime I watch you guys mess with them.

  • @danielbrown8105
    @danielbrown8105 21 день назад

    Thanks! Can I buy non GMO corn direct from you? What would be the minimum tons to make it worth it to you?

    • @PatrickShivers
      @PatrickShivers  21 день назад +1

      @@danielbrown8105 yes you can. I sell direct to several hunters/wild life enthusiasts. Most have a trailer to park under the out feed auger. A few just lay a tarp in their truck bed and let it overhang the sides. I fill them up and then they fold tarp over the top and tie in place (so corn is then completely encapsulated in tarp in truck bed). All buyers get an empty and a loaded weight at peanut mill 4 miles down the road so we can charge accurately. $7 a bushel.

  • @jamiecollins1220
    @jamiecollins1220 21 день назад

    So the dekalb gmo corn yield is still more profitable with that yeild than the hybrid 85 yeild when you add in the seed price? There is a huge price difference in the corn seed prices right?

    • @PatrickShivers
      @PatrickShivers  21 день назад +1

      @@jamiecollins1220 correct. Substantial price difference in seed, but Dekalb covered the gap and then some.

    • @jamiecollins1220
      @jamiecollins1220 20 дней назад

      @@PatrickShivers that’s good I’m glad you made some profit.

    • @PatrickShivers
      @PatrickShivers  20 дней назад

      @@jamiecollins1220 won’t make any profit until corn hits $5.50 and I take it out of the bin. Paying interest everyday I hold it.

    • @jamiecollins1220
      @jamiecollins1220 20 дней назад

      @@PatrickShivers yeah I didn’t think about that I been out of the game a long time too long lol.

  • @grayghost75
    @grayghost75 21 день назад

    Did i miss understand want this video was about? I thought it was which combine was the best

    • @PatrickShivers
      @PatrickShivers  21 день назад

      @@grayghost75 that video is coming next. This one is GMO v Non GMO. Next video is Case v John Deere

  • @jonathanhege5029
    @jonathanhege5029 21 день назад

    Corn is $4.55 in Virginia.

    • @PatrickShivers
      @PatrickShivers  21 день назад

      @@jonathanhege5029 local cash price right now $4.35. February delivery is floating in the $4.60s. It cost me .37-.40 to deliver. I need $5.45-5.50

  • @Don-pq5gg
    @Don-pq5gg 19 дней назад

    What about the cost of the seed? I presume the GMO seed is way more.

    • @PatrickShivers
      @PatrickShivers  19 дней назад

      @@Don-pq5gg that’s what we were talking about. There was a 19 bushel cushion b/c of seed price difference, but Dekalb overcame the 19 bushels plus 3.4 more

  • @gregrankin1324
    @gregrankin1324 22 дня назад

    I want a dekalb cap in Australia. I’ll pay. 😘

    • @PatrickShivers
      @PatrickShivers  22 дня назад

      @@gregrankin1324 they are widely available on the internet. Just search “Dekalb seed hat”

  • @tugboat2739
    @tugboat2739 22 дня назад

    Howdy Patrick

  • @wayneinnc5379
    @wayneinnc5379 21 день назад

    Them beautiful CaseIH farm equipment just increased the value of your farm by twice!!