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Genius

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Here you go Randy.

5 ways to excel at farming


Zeeland, MI – With commodity prices at or below the cost of production, farmers across the country are looking for ways to improve their bottom line. One way of recent interest is to compare their operations against that of their peers.

Here are five ways to excel at farming:

1) Always Buy The Best – Cropping is a time sensitive operation. The importance of completing planting and harvest in a timely and stylish fashion is always more important than consideration of Return on Investment. Whether it’s equipment, buildings, grain setups, seed, or fertilizer, a successful farmer can’t go wrong by investing in the most expensive and best looking options.

2) Always Expand – Rapid expansion is critical to the apparent success of a farming operation. Even if that expansion involves inflated rent prices and excessively high real estate costs, it’s worth it. As they say “grow or die”. Sometimes it may be necessary to use short term debt like an Operating Line of Credit to buy a long term asset like real estate. Profit per acre is a concept for the unmotivated. (It’s important to find a banker who understands this.)

3) Keep Accounting Simple – As a professional agriculturalists, it is important to keep your financial information out of the hands of accountants and lenders. Financial professionals prefer to review one’s cashflow statement and balance sheet rather than simply take your word on financial performance. Who can work with that kind of distrust? Compiled and audited financials are for bankers who don’t understand business.

4) Have Hobbies – Farming is stressful. It is important to have activities that help you escape and resolve the tensions of agriculture. Generally, the greatest effectiveness comes from the most expensive hobbies. The most successful farms focus on hobbies such as Pro Stock tractor pulling and high-end hobby animals.

5) Don’t Take No For An Answer – Many people will set-up road blocks to your farming success. Persistence pays off. Never let ignorant people who say “no” stop you from chasing your dreams. See them only as stepping stones to your own success.







Back story. This is a satire on a huge arrogant farmer who just went tits up (Boerson Farms). He's being sued for several hundred million dollars from various companies.
 

Hedgerow

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Here you go Randy.

5 ways to excel at farming


Zeeland, MI – With commodity prices at or below the cost of production, farmers across the country are looking for ways to improve their bottom line. One way of recent interest is to compare their operations against that of their peers.

Here are five ways to excel at farming:

1) Always Buy The Best – Cropping is a time sensitive operation. The importance of completing planting and harvest in a timely and stylish fashion is always more important than consideration of Return on Investment. Whether it’s equipment, buildings, grain setups, seed, or fertilizer, a successful farmer can’t go wrong by investing in the most expensive and best looking options.

2) Always Expand – Rapid expansion is critical to the apparent success of a farming operation. Even if that expansion involves inflated rent prices and excessively high real estate costs, it’s worth it. As they say “grow or die”. Sometimes it may be necessary to use short term debt like an Operating Line of Credit to buy a long term asset like real estate. Profit per acre is a concept for the unmotivated. (It’s important to find a banker who understands this.)

3) Keep Accounting Simple – As a professional agriculturalists, it is important to keep your financial information out of the hands of accountants and lenders. Financial professionals prefer to review one’s cashflow statement and balance sheet rather than simply take your word on financial performance. Who can work with that kind of distrust? Compiled and audited financials are for bankers who don’t understand business.

4) Have Hobbies – Farming is stressful. It is important to have activities that help you escape and resolve the tensions of agriculture. Generally, the greatest effectiveness comes from the most expensive hobbies. The most successful farms focus on hobbies such as Pro Stock tractor pulling and high-end hobby animals.

5) Don’t Take No For An Answer – Many people will set-up road blocks to your farming success. Persistence pays off. Never let ignorant people who say “no” stop you from chasing your dreams. See them only as stepping stones to your own success.







Back story. This is a satire on a huge arrogant farmer who just went tits up (Boerson Farms). He's being sued for several hundred million dollars from various companies.

Sooner or later, there's gotta be a "correction" in land and rent values.
Maybe this will spark a trend.?
 

Genius

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Sooner or later, there's gotta be a "correction" in land and rent values.
Maybe this will spark a trend.?


Yea, $600 a acre that that Jack ass jacked land rent up to was unsustainable.

Everyone around here is tickled pink that he went tits up. It's just a shame as to how many companies screwed over.

CHS got stuck with 150 million.
Monsanto just filled a law suit this weekend for 2.3 million. I know Deere is on the hook for several million...
 

Genius

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Genius

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Not this spring........but next spring I'll be leasing 70 more acres. That will give me 160.

I can't see needing more than that for my little deal. About 100 momma cows is as big as I wanna ever get.

That's a lot of beef.

And here in debating on getting 5 next spring or sticking with 4....
 

Mastermind

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That's a lot of beef.

And here in debating on getting 5 next spring or sticking with 4....

I've just got 26 right now......I'm gonna stay below 40 till I get more land. It's one thing to have enough to run em on.......but another to have that, and enough hay ground too.
 

Hedgerow

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It couldn't have happened to a better piece of chit. There ain't a single farmer in our area who feels sorry for the guy.



Although as everyone is saying
If you owe CHS 1 million dollars you have a problem.

If you owe CHS 150 minion dollars CHS has a problem
i'd like this five times if I could..
And I don't feel sorry for any of them on the hook for anything at this point.
Unless the local co-op is on the hook for a boatload too. That may be hard for them to swallow.
 
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