Changes in 2025: Farm Rotation Strategies

26 Dec 243m 17s

Matt Miles dives into the lessons learned from last year’s crop rotation decisions. Trying to outsmart high input costs, Miles shifted gears by cutting back on corn and betting big on soybeans—an effort to "lose less money." Sounds good, right? Not quite. Turns out, veering from his proven rotation of corn, soybeans, cotton, and rice ended up costing him in ways he didn’t expect.

00:00:00 So guys, one thing that I was asked, uh, question I was asked the other day is, what would I change next year based on this year? 00:00:08 And, uh, you know, I had to, I had to think about that a little bit. And I guess the question I would kind of ask back is, 00:00:15 what would I change back that I changed this year? So with the input cost, where they are and things are going on the way they are, the farm economy 00:00:23 where they're, you know, where it's at, we decided that we were gonna, and I, I call it chase rabbits is something that, that for most 00:00:30 of my career, I've not done. Instead of sticking with our rotation, that's worked, you know, several years in a row. 00:00:36 We were gonna plant different commodities based on prices. So for instance, we decided 00:00:40 to go heavy in soybeans and less corn. Well, we've got the cotton and rice also, but we got the cotton, the cotton corn, and, 00:00:48 and soybeans all go into rotation together, pretty much is the way we do that. So this past year we decided, okay, 00:00:54 we're gonna have more beans because we'll lose less money. And I know that that kind of sounds crazy, 00:00:59 but this year it was about not losing money more so than it was making money. So here we go. 00:01:04 We load up on beans, we reduce our corn, probably 80 to 90% of what our normal corn acreage would be. 00:01:12 And, uh, it, it bit us in a butt. I'm not necessarily based on this year changing something based on this year, I'm actually gonna go back 00:01:21 and change something that I changed this year based on previous year. So, you know, I always, I say this 00:01:27 and uh, all the time, it's not about winning the ballots, about winning the war and winning the war is looking on a 00:01:34 farm is looking out to a 10 year period instead of having tunnel vision of one year. So looking at a one year period last year, 00:01:40 we'd have been better off to have, uh, planted beans. We thought, you know, as far as an ROI to our farm, but the difference in the yield that, 00:01:48 that we made in the cotton and the difference in the yield, we made beans behind beans on this, you know, real low CEC, 00:01:54 ground sandy land. I think we would've made up the difference by having corn this year, next year. 00:02:01 And what I mean by that is, you know, we may make x amount of bushels on beans, and if we'd had it behind corn, 00:02:09 we've made, you know, 10 or 15% more. Well that 10 or 15% more. We might have not made it on the corn this year, 00:02:17 but we'd have made it in the next bean crop. So when you look at the full circle, rotation is the best thing to do. 00:02:23 Uh, we knew that going into this, you know, we were kind of chasing our tails, trying to figure out how to, 00:02:28 like I said, not lose money. And so we went with that decision and I think I'll change back. 00:02:33 So I'm not changing something next year based on a success this year. I'm changing something next year back 00:02:39 to the way it previously was done based on, I'm not gonna say a failure, but based on some situations I've seen where staying a course, staying with a race, 00:02:49 having a a 10 year plan instead of a one year plan seems to always work out better. 00:02:55 And this year I think it, you know, it hurt us trying to jump around and do the one Year plan. So 00:02:59 my advice would be stay the course. If you've got a good rotation worked out and you've got it working for you on your farm in a 00:03:05 multi-year deal, then you know, be careful what you do when you start changing things. 00:03:11.065 --> 00:03:12.365