Podcast: Pivoting Crop Strategies After the Storm - How to profitably adjust your crop mix in the wake of weather problems
Matt Miles can’t catch a break weather-wise as the rains continue to pound his part of the Arkansas delta. Regardless, farming is farming and it’s time to make some adjustments. Matt has decided it’s too late for replant corn to provide much yield potential. So, he’s reducing his already reduced corn acreage and switching to soybeans via a replant. He explains to Damian the practices and product choices he made preemptively allowing for the switch. Also, the re-plan: marketing of bushels, acquisition of new seed and crop inputs, and grain storage adaptations he’s made. If you’re looking for ideas on how to profitably adjust your crop mix in the wake of weather problems, start with this episode!
This episode is presented by Simon Innovations
00:00 Time to replant. Time to replant. We're talking to Matt Miles about adjusting the crop mix and the practices following flooding. 00:06 Rains in the spring planting season in this episode of extreme Ag Cutting the curve. Welcome to extreme ags Cutting the Curve podcast, 00:15 where real farmers share real insights and real results to help you improve your farming operation. This episode is brought to you by Simon Innovation. 00:24 Protect your crops and maximize yield with a full lineup of innovative precision tools engineered 00:30 to enhance the efficiency and accuracy of your sprayer. Visit simon innovations.com and start getting more ROI out of your sprayer. 00:38 And now here's your host, Damien Mason. Hey there. Welcome to another fantastic episode of Extreme Acts. 00:44 Cutting the Curve. Got my man Matt Miles on here. Matt and I visited about this about three weeks ago about the fact that he, uh, got six 00:51 and a half inches of precipitation at time of planting. Now, granted at time of planting the window moves a little bit. 00:57 We know that we're trying to get across a lot of acres. You got different crops to put out different crop timing. The problem is right in the, the heat 01:04 of when he really needed to be getting his crops in the ground, he got six and a half inches of rain. 01:08 The problem is, here it is a few weeks later, we're recording this in spring of 2024, the rains haven't stopped, so now it's time to replant 01:17 and actually adjust cropping mixes. He's going to take a bunch of acres that were already planted the corn 01:23 and make the switch to soybeans. Some people can't do that because of the crops. Uh, the inputs they put down, he purposefully changes, uh, 01:32 his practices because he's had to do this previously in the, in the past. So anyway, you're making some big changes here. 01:38 We're recording this on May 7th, and usually you're pretty much about done by now. You're not. So talk 01:44 to us about the weather and the adjustments. Yeah, I'm, I'm definitely normally done by now and, and, you know, we're just basically doing spraying. 01:53 We, uh, you know, we did talk about this three weeks ago and we were trying to figure out what to do. 01:58 And, and number one, I wanna say that, and this is not just me, I'm sure you've heard this from everyone else. 02:03 Corn's hard to make a living on this year. Uh, you know, with the inputs where they are and a price where it is, you better 02:09 or not stump your toe on corn, or you will go negative into the, into cash flow of corn. So we, we cut our acres back on corn a lot. 02:19 You know, we got down like 1200 acres versus 3,500 last year because the cash flow wasn't there. 02:25 Then we picked out what we felt like was, you know, maybe our high shield and ground. 02:30 Maybe we're looking at 250 pound, 250 bushel corn on this ground. Now, do I make that every year with 3,500 pound uh, acres? 02:39 Absolutely not. But when I can hand pick 1200, then that yield goes up. And I knew I love rotation. 02:46 Corn's a great thing of rotation for us. So I wanted to have some corn, even though knowing that it might be even 02:54 to very little positive cash flow on a corn crop. Fast forward that from May 15th to May, I mean March 15th to March 25th, when we normally would get 03:04 that capture that best yield. And then I'm still today looking at some fields that were subpar stands, and now I've gotta decide what to do. 03:14 Okay? That's our corn in the heat that we have is not conducive to planting late. Right? I had, I planted some behind double crop. 03:24 I double cropped some behind wheat last year, and it was the absolute most beautiful crop I've ever seen in my life. 03:30 We planted around June the seventh, which is a month from now. Temperatures stand was perfect. 03:37 It made 140 bushel, you know, so you're 90 bushels to a hundred bushels off of our target because a hundred percent 03:45 of the heat hit it at the wrong time. Well, the further we get into may, the chances of making higher yield corn goes down. 03:53 It's a great chance that I'll be a negative ROI if I would've stayed with the corn. All Right. So you said 03:59 real, a real good, uh, illustration here. You had 3,500 acres in corn last year. This year you were already cutting back to 1200 just 04:07 because of the, the way it penciled. Yeah. Just the way it penciled along. And Now you had 1200 planned 04:13 and now you're gonna even reduce from that because of the, the flood putting it back to where you might have to replant 04:19 or is it 1200 after this adjustment? No, it's gonna be around 800 after this adjustment. So we go in there and look at our crop and, and, 04:27 and one thing we preach at extreme ag, and I've learned this the hard way in the past, uh, prior to extreme ag, if you don't like your stand, 04:36 you're damn sure not gonna like your harvest. I Mean, it's just as, as, as plain as day is gonna happen that way. 04:43 Uneven emergence, uh, not the population you need out there. Several different things. 04:49 The population that I ended up destroying was enough if it had been consistent. Okay. You can make pretty good yields on say, 04:58 26,000 population here, but not when you've got three foot, nine foot, six foot gaps in the, in the, in, in that, in the row. 05:05 Yeah. Yeah. It's, it's population. You, you can live with a low population as long as it's spaced, uh, correct. 05:16 Okay. Low population because you have, uh, big, you know, areas the size of your bedroom, uh, drown out. You can't make up for that. 05:25 Yeah. It is never gonna work out. And then you've got, you know, if you've got all your plants that are two different growth stages and, 05:33 and half of 'em are on the upper end of the field and half of 'em are on the lower end, they don't know that that plant on the upper end is older than them. 05:40 But when you've got those scattered through that whole row, they're gonna be a weed. 05:43 They're actually gonna decrease your yield instead of increase it. It took me a long time to understand that. 05:48 I was at a meeting and they had a crop specialist talk about, remember if this, if this plant, if this corn plant comes up, uh, two weeks 05:56 after this corn plant over here, it, it's a weed. And I, I never even thought about that. That, uh, the fact that it's almost 06:02 what it's a competitive thing and whatever. So what on your replant Now when I think about drown areas, I think, all right, you go in and you just go ahead 06:10 and hop in the row and you finish out and you, and you plant corn in again. You're pretty much not replanting any corn. 06:17 No, I, I did up to a certain point. So up to a certain date, uh, I had 90 acres that, that I wasn't satisfied with early. 06:25 So my first planting, I replanted that, I'm gonna say middle, the last week of April, something like that. I'm still okay there, but when you start getting into the 06:35 first week of May Yep. It's worth today. And I'm still too wet to plant. Yep. It, it's too risky. 06:42 Now, if corn was $6 or $7 like it's been in a planet, not so much, probably would've replanted corn. Yeah. 06:49 $7 corn you can live with less, you can live on, on your 140 bushel, but you don't want a hundred bushel deduct 06:54 or a 90 bushel deduct and go into this. Alright. So a lot of people are saying, that's cool, I can't do that because I laid 07:01 down a certain amount of product. You purposefully don't put down atrazine and some other inputs on first planted corn 07:11 because you think there was a chance that this is gonna happen. Am I right? Well, yeah. In Arkansas, you never know. 07:17 I mean, you absolutely never know from one week if you're gonna get 12 inches of rain 07:21 or you're not gonna get any rain, you know, for three weeks and, and, and we can deal with 'em. 07:26 No, no rain for three weeks and, and this is the first time that I've ever had to make this decision to plant 07:34 my replant corn into beans. But I've always kept that window open. Yep. Do that. Now you've always 07:41 Kept the option there because you've got enough history that, you know, that April spring can be dicey where you are in terms of vast amounts of precipitation, 07:50 humidity comes in, you get what water off the Gulf or something like that. Yeah. And you just, I mean, back water from flooding and, 07:57 and what we've learned is corn's a lot, and I don't think it was this way 10 years ago, you get about plant corn anytime they come up, 08:04 today's varieties, they produce more, they do better. But they're, they're, they're WSEs. I mean, you know, coming outta the ground, 08:12 if you get any adversity, you know, you can about to sling a bean out there at any time. You've seen me do it in February and, and they'll live, 08:19 but corn's not, not so much. So, and then you gotta have the perfect corn, corn stand and then you're looking at four corn. 08:26 So put all those three together and it's a perfect storm that for me and the delta that I don't need lake corn. 08:33 What about the, so you, you've done this before on the product mix, but this is the first time you actually made a switch 08:40 to soybeans on corn acres? Yes, on Replant, on replant On my pre-emerge when I know I've got a, I'm comfortable that I have a stand of corn. 08:49 Mm-Hmm. And then I, when there, where, where a lot of people are plant, they'll lay down a small prem merge, they'll come back and put a big pre-emerge and a 08:56 and a killer on there. You know, say V three, V five, somewhere in that range. I always wait on my atrazine spraying until I'm comfortable. 09:07 I've got a stand. That way I can rotate into other crops. We have the opportunity to rotate into, from that point, 09:13 I could rotate theoretically into rice, beans, cotton, you know, or back to corn. So I got That's What I was gonna ask you also, how, 09:21 how do you make the decision, Kelly Garrett is cutting back soybean acres on, uh, a lack of profitability. 09:28 He's taking some soybean acres and experimenting with putting out, uh, a cover crop mix that also he can graze. 09:34 He's turning soybean acres into pasture and you're saying you're taking corn acres and turning 'em into soybeans. 09:40 So I'm kind of under trying to understand how is it that you think you switched to soybeans instead of corn when he doesn't even think that soybeans are the 09:48 answer? So what's the difference? Well, you know, and I, and I've seen that and we contradict each other a lot, 09:54 but it's, it's just a difference I think in the, uh, in, you know, in the, in the cash flow at the end of the year. 10:00 You know, we don't put a ton of money in our soybeans like you would think we would. And, and, and without being arrogant, 10:06 we've got a really high, uh, farm average on soybeans. If you look at my four crops I can produce, you know, and I'm, I'm, uh, soybeans are number one this year. 10:19 Rice has been right there with it. But, you know, a lot of ground's not rice ground. So you have to be careful where you put the rice on. 10:24 But for me to make money year in, a year out, you know, soybeans are, are a, um, low risk, high reward in my opinion for, for what we're doing. 10:35 Kelly's in a whole different state. He's on a whole different type of ground. And his, well, his Ground is, and, and take this the right way, 10:42 his ground has a lot more, if he's paying cash shrimp for it, he's paying a hell of a lot more per acre than you are or if he or if it's owned. 10:50 I mean, the point is ground cost is cost of land. The cost of land, whether it's rented or whatever, does it make it easier decision for you 10:58 on soybeans because of that? Uh, yes, of course. We, you know, we're mostly share, but, and we have to keep that share rent within line. 11:09 So if, if, if corn goes way outta whack and it's worth more at 20% rent than than soybeans are at 25, so you get 25% on soybeans and 20% on corn. 11:20 Okay. You know, on the value of the crop. And there's times when that gets way skewed and, and a landowner can get more out of the corn than he can 11:29 of beans and he's gonna really push you to grow whatever crop he can get the most out of. Sure. And most of the time we try to satisfy that. 11:37 But, you know, as long as I'm within 15, $20 an acre that, you know, I've got great landowners that have, let me, 11:45 let me kind of choose what's best. And, and rotation's a big deal for us. You know, when we talk about the corn, 11:51 one thing I am gonna lose when I get down to where I can't grow corn 'cause it's too cheap, then I add 11:58 five bushels an acre at $10 an acre soybeans on top of that because rotating out of corn into beans, I'm going 12:05 to at least capture $50 an acre, increasing the soybean yield versus the corn. So that's kind of my, when, you know, a lot of people want 12:15 to try to justify scripture in the Bible. That's what, that's kind of what I'm doing when I wanna grow corn. 12:20 I justify, well, I got 50 more dollars coming next year. My soybean crop this year was too 12:25 out of outta whack to do that. Yeah. So, all right. So you, you didn't switch to rice and you didn't switch to cotton. 12:32 And so the reason on that was pure pocketbook Pocketbook, the, the, the soil type was not conducive to rice uhhuh. 12:41 I've got, I'm pretty loaded heavily in cotton right now. Anyway. Cotton's got a lot of wrists. 12:46 The later you get because you put so much money into it and soybeans are the, the best ROI for the investment and it's on my own ground for the most part. Yeah, 12:57 Right. That's the good part. All right. I wanna hear more about this. Uh, before I do Dear listener viewers, uh, this show is, uh, 13:04 is, uh, sponsored by our friends at Nature's and Nature's, uh, awesome company to work with. Uh, they, uh, have a line of products 13:12 that can help you in your farming journey to give you all the potential out of your crops today and for future generations. 13:20 Nature's high quality liquid fertilizers powered by nature's bio. K can be targeted at specific periods 13:25 of influence throughout the growing season via precision placement techniques. You use their products to mitigate plant stress, 13:32 enhance crop yield, and most importantly, boost your farms. ROI go to natures.com if you wanna learn more. Okay. 13:40 Um, on the, uh, cotton, I, I've, I've learned more about cotton because of you. Uh, you didn't go to cotton 13:46 'cause you're still fine on your window of opportunity. You can plant cotton in, in the Delta region in mid-May, and it does just fine. 13:54 'cause you're not harvesting it until mid-October. So why not cotton? Well, two reasons. 13:59 One, the later you get the higher risk, it is the higher risk of insects. You know, the later you get in the season, 14:05 the plant's gonna be at a younger age, so it's more tender for the insects. Number two, you know, these pickers can only pick 14:13 so many acres of cotton per picker. And I've pretty much got that loaded up this year with the cotton I've already gotten. 14:19 So, um, you know, between harvesters and insects. Yep. You know, the money worked out better to be the soybeans. 14:29 What about then on the products that you, um, you, you made this decision, you know, you said, I'm gonna not put down too much on inputs with the corn 14:39 because of what could happen. So this is all gonna work out fine. Is there anything you're gonna be short on? 14:43 You know, does your ag retailer, hell, you gotta come up with a bunch of soybean seed. 14:48 Uh, you know, a lot of you planted, you planted soybeans in February and here you are now, you're gonna be planting in mid-May 14:54 talking about a pretty big window of opportunity, uh, to get this done. But also, what about the inputs 15:00 and the seed? Do you have everything you need? No. Yeah, and we got everything we need now. That was a concern when I started. 15:06 So before I went in there and desiccated the, the, the corn crop, the crappy corn crop that was there, I made sure that, you know, 15:14 I had ample seed to replace that with Then disease, with it being this wet. And obviously, um, you, you can't say that it's gonna stay 15:24 that way, but it's already, you know, you're already six weeks to eight weeks into your season and it's not giving you any, it hasn't relented yet. 15:32 If it stays wet, you already fight pests and fungus and disease issues in that part of the world that aren't as common in up where Lee is, for instance. 15:42 Is it get worse now because of this amount of moisture? Well, the disease, some of the early d early on diseases that plants get. 15:51 Yes. Um, but it's not terrible. We actually are, and, and it is hard to believe this, but we, with our humidity and stuff, 16:00 but we actually have less disease. And some of the guys up north, like take for instance, corn now later corn probably. 16:08 So yes, if we'd went back and planted later corn, we would've had to, we would've had a mandatory fungicide application, 16:14 maybe two, where with the early planted corn, you kinda outgrow like southern rust. When you plant your corn in March, 16:21 you pretty much outgrow southern rust. If you plant your corn in April, you're gonna have to make an application. 16:26 So the person listening to this right now that says, all right, when you're doing this, just go ahead and talk about the products that you use. 16:32 Um, now when you're switching from corn to beans, because you're gonna replant, so do, do you, do you go in and kill the corn? 16:39 Do you spray the corn or do you till No, I, I actually spray the corn and then if for, if I feel like I didn't get a good ke 16:49 then I'll go back and, and, and run the tillage machine just to knock the few isolated stalks out. 16:55 We've kinda learned, you know, corn, you think, you think if you're not trying to kill corn, it's pretty easy, but when you're purposely trying 17:01 to kill any crop, it you, you better get it right the first time or you don't have to half dead. Alright, 17:07 So you spray, you don't always cultivate, you might cultivate. Yeah, my ch my, my goal is to not cultivate. 17:15 Okay, so you spray, you want to not cultivate, and then you're on soybeans, you're set up, uh, you planting, uh, twin rows. 17:23 Yep. Alright. Yep. So Twin row, But the corn isn't on twin rows. Some of it, you know, I've got, 17:30 I've got both planters out there planting corn. So what we're gonna replant, probably 65% of it'll be was twin row. 17:38 And the, and the balance of it was single. Okay. So a person listen to this, if you haven't listened to any of our other stuff, if you're new 17:43 to the extreme ag experience, welcome also go and check out Matt and I did a recording about why he, he does twin rows 17:49 because every acre he they have is either flood irrigated, most of it is what they call furrow irrigation. 17:54 I've learned a lot about this being down there. Uh, they put a big polypropylene tube at one end into the field and they run through with a little pecker, I'm sorry, 18:02 uh, a poker and, and they poke a little hole in there and it floods the field. Anyway, he puts his, his crops on, 18:07 twin rows on top of these beds. It's pretty cool. Very different from, uh, if, if you're a Midwest, it's 18:13 very different from what we do up here. So anyway, twin row. Will you change population 18:18 where later in the season do you need more on those soybeans you're gonna use as replant? I'm gonna be at that window 18:25 where I'll probably stay the same. Now when we're doing double crop beans, we increase the population 18:30 because you want that bean to grow as fast and hard as it can in June, you know, to get, get some size on it. 18:36 With me sticking, if, if I get the plant in the next couple of weeks, I'll probably stay pretty close 18:42 to the same population. You know, your mind would tend to tell you it's gonna be warmer, the seeds are gonna come up faster, you can decrease the 18:49 population. I probably won't do that. You're gonna stay the same. Yep. They'll be the same population. 18:55 In May 10th, 15th planted soybeans as a replant after the corn was lost, as it would be the beans you planted in March 19:07 Less than March. March was a little bit higher because of the adverse weather. And then before we start knocking that population, 19:14 and that all depends on the 15 day forecast, we basically hadn't had a forecast where if, if I've got a 10 day nice warm forecast 19:22 with not a bunch of rains. Yep, I'll, I'll drop my population on the go. I may have a one field that's one 40 19:29 and one field that's one 20 because the weather's changed. Yeah. So what do you think that if you get these done, uh, 19:35 if you get these done by the 20th of May, which seems reasonable, maybe, what are you gonna plant? What's your population gonna be? It'll 19:42 Be around the one 40 mark. Okay. Uh, then the other part of that is on the expectation of the, the crop. 19:52 Will your will, your May 20th, can they, do they have the opportunity to perform as well bushel wise? As the stuff got planted in March, 20:00 They have a, they have a potential depending on, you know, we were talking about this earlier. 20:06 If you have a bad October, We have no idea what June and July is gonna be like, you know, so, and, and we don't know at harvest if maybe the early beans are 20:15 gonna get damaged bad. Yeah. Because rain and these, no, not, but to answer that question, 20:21 I think there'll be five bushels or so less than my, uh, late March, early, early April beans. 20:27 I think I'm gonna take a yield penalty there. All right. But you're not harvesting these as late as we would up here in Indiana. 20:33 These don't go to October, even though they're planted in May 20th, they don't still get harvested in October. 20:37 They're still getting harvested the first week of September. They should be the last week of September. 20:42 Third week of September. Yeah. Middle of middle late September. All right. The considerations then that somebody's going 20:48 through this themselves that you made through the money decision. What about timing? Do you have, 20:54 is this gonna squeeze you manpower, machinery wise? You already talked about you didn't go to cotton because you only can handle so many acres 21:00 with your cotton harvesting equipment. Is there, are there other decisions about why to do this? Well, we looked at that. 21:07 We looked at the fact that we could use the same equipment. We looked at the fact that they're gonna be, like you said, 21:13 I've got beans planted in, in, uh, February, and I've got beans from February, March and April. I've got beans scattered along. 21:21 So our our harvesting, our our machines should be able to keep up. Yeah. We're just gonna be a week 21:27 or so later finishing up, I guess you would say. So questions that I think a lot of people are listening to this and you're not the first person has to, to pivot 21:35 and, but this is usually you replant corn gets replanted to corn, whatever, you know, uh, 21:42 this is a little different, but there's another thing. You're talking about a pretty big departure from your normal timeframe. 21:48 Uh, you know, when you, when you plant beans this late, it's because you took the wheated off. 21:53 Yes. Yeah. Well, there in June, but yes, it's, it, I'm gonna say we're three weeks later than usually my last planted beans. Yeah, 22:02 Right? Yeah, yeah. They're not, they're not the same as wheat beans or double crop beans because your, 22:06 your wheat harvest happens the beginning of June. But the point is, is it normally not, this is not normal for you. 22:12 Um, marketing, you're going to, you're going down to 800 acres of, of corn last year you had four and a half times that many acres. 22:23 Yeah. You've got a huge grain facility. I've been there. You need a lot more grain capacity, storage capacity for corn than you do for soybeans. 22:32 'cause you're getting 210 bushel corn versus 75 or 80 bushels soybeans. So are you gonna have empty bins? 22:39 Uh, you know, I might, I might not. Um, you know, Can do bins, can can who bins make the payment. Don't you have to use them to justify the expense? 22:49 Well, you do to a certain degree. I've, I've, I've pretty much paid for those bins through having, having that system. 22:56 But, you know, I'm looking at possibly doing a little custom drying, doing a little custom storage. 23:02 Uh, I actually have increased my rice acres to, you know, by a pretty good amount. 23:08 So I, I'll ne I can UI can, I can utilize the beans. Let me just say that because I've increased my rice. Rice is hard to store. 23:15 You know, it, you can put, if you can put 50,000 bushels of corn in a 50,000 bushel bin, you can put 45,000 rice. 23:22 So every bin you lose 5,000 bushels. So why is this? It's just, it just, it's that hole on it. It just won't hold. It just won't hold. 23:32 That's why it weighs 45 pounds. You know where a, where a bushel of corn weight? 56. 56. Yeah. So I didn't know that. All right. 23:40 So you might use, you might, you might be letting people store. You might have one of your bins stored 23:44 with other people's stuff, stuff. Uh, you might do that. What about marketing? Did you have a whole bunch of corn sold that? 23:49 Now you gotta figure out a way to go ahead and buy it back because you're not gonna have it. 23:53 What's cool about this is I had a small amount booked at a great price, so that increased my, my my percent sold. 24:01 So I really looked cool there. I looked like the guy that goes to the casino and just tells about when he wins. 24:06 So, you know, I'm, I'm, I'm half hedged at, at decent prices, you know, between options and what I've sold. 24:13 So I feel pretty good about that. And then I had a guy call me the other day and said, Hey, what would you take the corn? 24:18 I said, my corn's gonna go in the bin and it's gonna sit there until Tyson misses a train. And when Tyson misses a train says, Hey, 24:28 I need 50 loads in the next two days, I'm gonna say, okay, gimme another buck 50 and you can have mine. 24:35 So I'm gonna sit there on that corn. That's not, you're Unsold, you're unsold, half you're sitting on. Yep. And a lot of my corn's unsold. 24:42 I've just got, you've got, uh, futures or options under it so I can go wherever I want to. Well, We should probably be honest. 24:49 It's, we just talked about, we're recording this the first week of May. You've had so much rain. 24:53 When we say this is expected unsold corn, uh, the way things have trended so far, it's not looking that great. 24:59 But you think your corn, what's your, what You're not replanting your confidence gonna thrive. Yes. I I think so. 25:06 I now do I think we're gonna have a 250 bushel crop on that 250 of land? No, we hadn't had enough sawing. 25:13 Uh, you know, I pulled some tissue samples last week and, and I've got the capability still from, 25:20 based on a tissue sample on the plant. But we ain't had any sun. I mean, it, everybody's worried about the rain, 25:26 but the sun is important as the rain and we haven't had it. Mm-Hmm. All right. 25:30 Last thought on all of this replant and replant, adjusting your crop mix and your practices following floating range, 25:37 the practices you changed mostly were utilization of facilities looking at your, uh, allocation of your man manpower or equipment. 25:45 Um, not, you might cultivate some because you might have to, but other practices you make, 25:50 any other changes to your practice? No, not really. It's all gonna stay about the same. And the products you were, you were already kind of, 25:57 you were already preemptively set up so that you could make this adjustment if you had to. So it sounds like, sounds like that's about it. 26:04 What else do I need to know about your replanting and your replanting sound? Are you confident you're going up with this good of money 26:10 or you think you're gonna take a little financial burn no matter what? There's no Question. There's no 26:15 question. I'll come out with better money now when you figure the grain beans in, depending on plan B 26:20 and plan C with those, you know, I can store beans in those. Yeah. You know, I'm gonna have, I'm gonna have, uh, 26:26 and see I have to ship off a lot of corn, so I'll ship off a half a million bushels and still fill my bin up. 26:32 Yeah. So I just don't have the capacity for my whole crop. So I'm still gonna be in fairly decent 26:36 shape there. I think when Util utilization of the bins is still gonna be. All right. What about, um, 26:41 you gotta go over the field twice. There's added expense, manpower, diesel and equipment usage. You're gonna make more money now 26:48 because of the way things have turned price wise, but you're also gonna be spending more money. Yeah, but I'm gonna get to, I'm gonna get 26:55 to participate in my, in my replanting insurance also too, which I normally don't get to do. 27:00 So normally I pay a premium, I don't get anything back this year. I'm gonna pay a premium and I'm gonna get something for it. 27:06 So that's all covered through that Replant insurance means you put in your crop insurance policy that you get a payment to to, 27:15 to cover the out of the expense. That's Right. Even if I, till I've got, I've got that covered. Okay. And by the way, you recommend 27:23 that I suppose to anybody. I do. I mean, you know, most of our crop insurance is our irrigation, but I still think a guy ought to have some crop insurance 27:31 for situations like this. I feel like on a, on a 10 year run that I've probably come out ahead 27:37 by having a crop insurance. I know I'll get a lot more sleep. Right. So, so the crop insurance is gonna pay you enough 27:46 to justify the added expense and the seed, the, when you have to replant seed, they always talk about it's guaranteed replant 27:53 or 50% replant. But that does, that means staying from corn to corn. So you're not getting any free seed on this, are you? 27:59 Yeah, so they, I, that's a number one thing I looked at before I started because a bag of corn seeds two 50 and a bag of beans are 50. 28:07 So I made sure all that worked out too. But the way they do that, that I'll just, I'll get credit back it. 28:13 I'll come out, I'll come out Okay. On my seed too. Got it. His name is Matt Miles talking about replanting and replanting, making adjustments to the crop mix 28:21 and the practices following flooding, rain. It's been really wet down there. It's been wet in a lot of places. 28:25 Uh, we're recording this first week of May. Um, but sometime you're gonna be listening to this and it's hopefully before the June field days. 28:32 Kinda wanna invite you to these June field days. Here's the story. We're gonna have these June field days. Uh, June 13th is gonna be at, uh, Crawford County, Iowa. 28:41 That's where Kelly and the Garrett Land and Cattle company is. You'll want to check out that one. 28:45 You'll also wanna check out the June 27th. That's at Matt Miles. Matt's got a really good field day planned out. 28:51 What kind of food we having? Uh, we'll have fried catfish the night before. We'll have, uh, probably ribs and, and pork butts. 28:58 And then the, the day of the field day, we'll have fried catfish. If you are an extreme Ag member, 29:05 you are invited to the evening before. That'd be on June 26th, where we can come out and you can meet the business partners, talk to us, uh, 29:12 you know, hang out a little bit. And then the day of the field day, it starts early. 'cause it might be hot June 27th in, uh, McGee, Arkansas. 29:19 It's gonna start at 8:00 AM and you're gonna see some really cool stuff. And we're gonna have a panel hosted by me. 29:24 You're gonna hear from the farm guys. You're gonna hear from our business partners. You're gonna learn a whole bunch. So mark, 29:27 those two dates I would tell you about the May 16th, but by the time you're listening to this, it's already passed. 29:32 And so, um, I want you to definitely, definitely, definitely put those dates on your calendar. June 13th in Iowa, 29:38 June 27th at Miles Farms in McGee, Arkansas. Come in the 26th if you're a member. Uh, and definitely you'll wanna check that out. August. 29:46 We've got field days at Matthews Farms in North Carolina on August 8th and August 22nd at Temple Roads. 29:52 Thanks for being here. Till next time, that's Matt Miles. I'm Damien Mason, and this is extreme Ag cutting the curve. 29:57 That's a wrap for this episode of Cutting the Curve. Make sure to check out Extreme ag.farm for more great content to help you squeeze more profit out 30:06 of your farming operation. Cutting the curve is brought to you by Simon Innovations. Don't let your sprayer's limitations hold you back. 30:13 Visit simon innovations.com and upgrade your sprayer's capabilities now. Now.
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McGehee, AR