The Crop Insurance Check is Here...I'm Rich!!!!

[UGUIDE]

Just couldn't help but share with you all the outcomes of farming and taking advantage of the great crop insurance program we have.

As many of you know I started farming my own ground this year because the cash rent system and my system were always a conflict of interest.

So I planted wheat in middle of a drought last fall and most farmers were tearing up their wheat and planting corn (probably should have done that in hindsight but wheat is better for pheasants than corn).

No experts could tell me what the wheat would do or would not do.

But on faith I fertilized, hebicided, etc, etc (including paying the insurance premium) and the full monty.

IN short the yield was 75% of county average (which was exaclty about what insurance cuttoff was) and sold at $2 less a bushel than what insurance was (so that save the keister).

Bottom line was I busted ars to grow this crop and netted about $3 less an acre than what I would have got for cash rent and not effort on my part.

Crop insurance ain't no pot o gold but it does allow me to "Do it again next year".

 

[oldandnew]

You better make an appointment with the Hefty Brothers, they can tell you how!:thumbsup: I'm sure you'll get that response from somebody here, I just wanted to be first!

 

[moellermd]

I don't know why you go to such effort to help propagate an invasive species.

 

[1pheas4]

I don't know why you go to such effort to help propagate an invasive species.

Because nothing else puts up with us like the ringneck Little bit of cover, little bit of water, little bit of food, and POW!

 

[UGUIDE]

I don't know why you go to such effort to help propagate an invasive species.

Just add water and I am waiting with bated breathe for the invasive part to happen

 

[SDJIM]

As many of you know I started farming my own ground this year because the cash rent system and my system were always a conflict of interest.

Bottom line was I busted ars to grow this crop and netted about $3 less an acre than what I would have got for cash rent and not effort on my part.

MAYBE just maybe the cash rent is changing--there was a cash rent auction here in the Platte area and the result was-----$195 per acre---that's over 60% more than what most people are getting.

Just don't know what to think about that ---crazy I guess.

 

[haymaker]

MAYBE just maybe the cash rent is changing--there was a cash rent auction here in the Platte area and the result was-----$195 per acre---that's over 60% more than what most people are getting.

Just don't know what to think about that ---crazy I guess.

Jim I have a quarter of CRP that is coming out next tuesday. I have an offer that is $30 an acre more than I can get out of CRP. Not what your talking about but I have never seen CRP rates less than rental rates the first year of the contract. Who knows what rental rates will be the last half of the contract.

 

[UGUIDE]

there was a cash rent auction here in the Platte area

Never heard of that one before. Why not.

I heard a farmer in the northern part of state that claimed he was netting $800/acre on corn after inputs. One could justify a 100% increase in rent and be happy with a $700 net per acre.

 

[moellermd]

Never heard of that one before. Why not.

I heard a farmer in the northern part of state that claimed he was netting $800/acre on corn after inputs. One could justify a 100% increase in rent and be happy with a $700 net per acre.

Last year that might have been possible. Not so much his year.

 

[UGUIDE]

Last year that might have been possible. Not so much his year.

Good to hear another perspective from a real farmer Mike.

I am going with Milo next year as opposed to corn. Usually runs .20 cents a bushels less but I think I can get returns on the pheasant side.

I got WHIP funding for going with 4 crop rotation, cover crop and no-till. The milo will serve as my warm season grass crop requirement in the rotation (replaces corn in the wheat-CC-corn-bean rotation).

Will be interesting to see where prices go between now and Feb. Plenty of variables at play but I don't understand the impacts.

 

[mnmthunting]

I have always figured that my cow herd was my crop insurance, still is.
Damaged corn by drought or whatever would go into silage.
A couple times when it was real bad I would just open the gate, cows would do a good job, eat it to the ground.
On the good years like last year (for us) there was corn to sell.
There been a few times I just opened the gate to the small grains, let the cows harvest it.

This year we are drought stressed. Most of the corn is in silage.
Good to have those cows around. :thumbsup:

 

[UGUIDE]

I have always figured that my cow herd was my crop insurance, still is.
Damaged corn by drought or whatever would go into silage.
A couple times when it was real bad I would just open the gate, cows would do a good job, eat it to the ground.
On the good years like last year (for us) there was corn to sell.
There been a few times I just opened the gate to the small grains, let the cows harvest it.

This year we are drought stressed. Most of the corn is in silage.
Good to have those cows around. :thumbsup:

Nice to hear of a self sustainable non-government based plan MNMT. Keep up the good work!:cheers: