Russ, you left out one important factor....."FEAR". More producers sell grain out of "fear" than about anything else. Everybody is complaining now about the "lower" grain prices. THese are the exact same folks that stored their corn when it was $8!! They KNEW it was going to $12! A lot of crop farmers didn't give a darn about how devastated the livestock sector was. The hog, beef, poultry, swine and dairy industries were absolutely swimming in red ink because of the high grain prices. What did the crop guy do? He went out and plowed up MORE pasture land and planted crops. 'Land that should have NEVER been put back into row crops. These same guys then milk the Federal Crop Insurance program for all it's worth. "Around here" the amount of pasture land that was put back into row crops was staggering. These same acres, sadly, were so poorly managed....it was obvious they had intentions of collecting their crop insurance. AS far as greed goes..........I had one client who came to my office seeking advice on what to do with his crops. He was ALL concerned about the prices going down. I asked him how many bushels are you talking about. He told me point blank.....I've got THREE years worth of crops stored!! I said, "You mean to tell me you haven't sold anything in three years"? He replied, "Yes". Unreal. I told him that he didn't need to do anything. He was shocked at my response. I then told him...."If you haven't sold anything is three years, you obviously don't need money". Another observation about the BTO's..........the bigger they get the worse their farming skills get..........just plow it up and plant more beans!
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Today's Featured Article - Grain Threshing in the Early 40's - by Jerry D. Coleman. How many of you can sit there and say that you have plowed with a mule? Well I would say not many, but maybe a few. This story is about the day my Grandfather Brown (true name) decided along with my parents to purchase a new Ford tractor. It wasn't really new except to us. The year was about 1967 and my father found a good used Ford 601 tractor to use on the farm instead of "Bob", our old mule. Now my grandfather had had this mule since the mid 40's and he was getting some age on him. S
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