Mindset

New Year – New Challenges

Can you believe that two thousand thirteen has already come to an end and two thousand fourteen is here? Are you prepared for a new year of challenges?

If you look back at the two thousand thirteen season with frustrations, ask yourself what could you have done to help change the outcome.  In today’s 21st century farming business each decision you make can have either a positive or negative impact on your operation.  The real question is, of these decisions you made, which had the most positive impact, and how do I learn from the negative ones.

At Corn Capital Innovations we work with farmers to help identify high along with low impact decisions.  We’re here to help you make the most of every opportunity that presents itself which ultimately helps grow not only a great crop, but also your bottom line.  Give us a call today, follow us on Facebook. We look forward to helping you make next year a season of no regrets!

Corn Capital Innovations, a great hand in farming.

In Life You Get What You Give

In celebration of another great year, we held our appreciation event last week with our amazing clients, co-workers and friends.  The event was a wonderful success and we truly are grateful for your patronage over the last year.

We hope that you enjoyed V.J. Smith as much as all of us from Corn Capital Innovations did!  He was such a powerful speaker! If you were unable to attend the event, we found the perfect video to show you what we all learned that evening.  This seven minute clip is full of snippets of what V.J. shared with us in Olivia.  He introduced us to Marty, the richest man in town.  Being loved, respected and content with every part of his life, with no regrets – that is what makes a rich man and that is Marty; a cashier at Wal-mart!

VJ Smith – The Richest Man in Town

We wanted to make this evening inspiring; something for you to really enjoy and connect with.  It’s our way of saying thank you! Please enjoy our collection of photos from the event below.

Here are a few quotes from V.J. Smith’s speech that caught our attention:
“It doesn’t take talent to hustle.”
“Farm kids grew up hustling, always did and always will!”
“People need to decide to get happy.”
“Remember, in life you get what you give!”

How were you as inspired by Marty’s story?  Was there a quote from V.J. Smith’s speech that you connected with? Please share in the comments. We wish you all a wonderful holiday season!

 

Complacent or Compliant on Your Plan for 2014 and Beyond?

triangleBeing complacent is being satisfied with how things are and not wanting to change them. Being compliant is being willing to and agreeing to change.

The Ag Market we have experienced in the last 3-5 years, being complacent may have still worked.  In these last years the market and revenue was on an upswing, we had short crops and higher revenues.  American Farmers have experienced the biggest corn and bean crops in history, however, with the declining value (market prices) and margin potential, we must say “good-bye” to complacency and “hello” to agreeing to change and being compliant!

One of my favorite quotes is “Insanity:  doing the same thing over and over again and expecting different results.” by Albert Einstein

 

If we don’t quickly become compliant and start doing those things that make a difference we will not find profitability in 2014, 2015 and beyond.

What can we do?  Minimize our losses!

  • Keep an eye on your breakeven price
  • Have a proactive marketing plan in place
  • Re-invest wisely
  • Negotiate cash rent prices
  • Watch debt and take advantage of lower interest rates
  • Have a risk management plan in place
  • Most importantly, out produce those around you

With profit margins becoming tighter (crop input costs moving up and crop prices moving down) the farmers that are willing to be compliant, manage their margins, and make a plan for the future are the ones that can expect success, even in a volatile world.

Thinking about maximizing the opportunities the market gives you, keeping an eye on break evens, minimizing mistakes and healing mistakes that have been made, will put you ahead for the coming years.  A $50 mistake from the past is really like a $150 mistake now, because lost margin is creating a negative impact. Farming is a tough business and I think all business out there struggle from time to time.  How will you work through these struggles?

There are four components of profitability that are within your control:

  1. Production
  2. Crop Insurance
  3. Grain Marketing
  4. Financial Analysis

We specifically tailor these four components to each individual farming strategy.  Let us work with you to create a positive impact on your overall operation for 2014 and beyond!

Prioritize Your Fall Harvest Schedule Today!

With the variable weather that has taken place in our area the previous two years there are many agronomic situations that are taking place in your corn fields.  While we cannot change the weather that has taken place, we can act today to ensure that the weather we have endured this year will not continue to affect us into harvest. The time to prioritize your fall harvest is today!  Each and every field will show a wide array of differences to the naked eye.

The time to prioritize your fall harvest is today!

The decisions you made last fall, this spring, and during the growing season will all impact the harvest ability and overall yield of this crop.  Most of the corn has, or rather is, dying prematurely.  The reasons are endless as to why this is happening.  Tillage, fertility, planting conditions, and in season applications of nutrients/fungicides will all play an important role in keeping your corn alive and finishing while mitigating the effects of the late season dry spell and heat that has taken place.

The next few weeks will be your last opportunity to investigate your corn fields and make agronomic adjustments for next year’s crop!  Here are some pictures of what we are seeing in your corn fields.

Pictures were taken 9-12-2013

Above Canopy Above Canopy 2

Above and below the canopy, lower canopy has just started to cannibalize while the upper canopy is intact, these plants are still moving nutrients up the stock and into the ear to continue the grain fill process.  This field will not be a concern at harvest due to the fact that the integrity of the plant has yet to be compromised.

Below Canopy Below Canopy 2

Above and below the canopy, these plants have used all available nutrients to finish the grain fill process.  These plants have yet to reach maturity, and all avenues for nutrients to flow to the kernel have officially stopped.  This field will be a high priority to get processed and in the bin as this field has sacrificed the integrity of the plant to attempt to finish the grain fill process.

 Pinch test Stocks Roots

To check the stalk integrity we would recommend the pinch test, placing your thumb below the ear, and pressing against the stock towards your four fingers.  You will be able to tell if the stock is sponge or intact.  It would also be beneficial to split the stalks open and look at the crown and bottom nodes of the plant to check for stock rots, which will only progress until harvest is over.

Prioritize your harvest schedule now…

 

Do not wait since this is one of the most fragile corn crops that we have observed in some time.  Be safe!

Questions?  Contact us today!

Investigation is Key to Yellowing Corn Crops

We got the rain we needed but I am noticing that the canopy is turning yellow on my corn crop.

When farmers drive by corn fields they often keep a keen eye as to what is going on in each and every field.  More times than not, when something that is less than desirable is found, which is usually in their neighbors fields, the coffee shop conversation usually goes something like;  “Did you see farmer Bob’s corn field up on the county line?”  “Jeepers, what do you think happened there?”  While many thoughts are focused to finding out the one variable that caused an undesirable outcome of how the crop looks, more times than not after an in-depth investigation into the who, what, where, and why of the outcome, what is reveled  is that there was several variables that have led to a undesirable looking field of corn.

When we see positive results in farming, we do our best to replicate the scenario in future years.  When something negative occurs, we look to change something to make sure the scenario does not present itself in future years.  There is one inherent problem with this train of thought, the lack of investigation into what caused it.  Investigation only occurs when something bad happens, there is often no investigation into what happened to produce a positive outcome, and we just simply tell ourselves we were right.  It is this investigation process that is so important, in both positive and negative outcomes.

Corn plants and the soil we farm do an excellent job of prognosticating future pit falls that will occur in our growing season.  Whether it is a visual sign

  • From the corn plant
  • A tissue sample of the plants nutrients
  • Or a soil sample of a field

We have the ability to tell what is currently going on, as well as what will go on in fields, with a confident degree of certainty.  Agronomic decision’s that are made in season are often measure at the combine.  In-action on a decision is rarely measured, only the practices that were applied are measured. This occurs because of our basic belief that a yield monitor measures our progress.  However, it is my belief that the best way to measure certain applications is with visual interpolation, as well as plant and soil data.  To measure an in-season application at the combine is hard to conceptualize because there are other variables that may have affected the outcome of the crop, after the application was made.

As your operation prepares for harvest make sure you review what you were happy with this year, as well as your concerns.  Turn you set backs into comebacks next year with the things that you were unhappy about.  Every day in every field there is something to learn.  With the help of a trusted advisor and proper investigation you can turn this ……
BAD

Into this…….

GOOD

It all starts with re-affirmations of your agronomic plans as well of the re-education that takes place each and every year when given the proper tools to investigate how your crop handled the variables that were both in your control and out of your control.

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