Production

Controllable Factors of Farming

As the growing season continues, we have started to see some weather events that may have affected the success of our stands through: drought, excessive rainfall, hail, or wind damage.  These events are bound to happen every summer but are completely unpredictable as to where they will occur, when they will occur and to what extent.  Damage from weather can be extremely frustrating, but it also brings out the importance of the factors we can control in farming.

These important controllable factors are connected to the decisions made in the months prior to the growing season as well as throughout the growing season.  One of the most important influences of a stand is the speed and depth at which the crop was planted.  Stands planted too fast can cause an increased amount of skips and delayed emergences, which will drive down the plant per thousand count.  The depth at which the seed is planted can also cause problems if it does not meet the proper depth.  Tillage practices can play a big part in the success-fulness of the stands.  Delayed emergences can become more prevalent if tillage practices are not effectively executed.  Residue such as root balls and chopped stalks from previous growing seasons can affect root growth if left in the seed trench.  Improper care for the ground may also leave tight sidewalls along the seed trench, which inhibits the seeds ability to grow strong and healthy roots.

Although unpredictable weather may seem extremely frustrating and a hindrance to success, we must continue to keep our focus on the things we can control.  If we spent all of our life worrying about freak accidents that could potentially kill us, we would go nowhere in life.  The same can be said about farming.  Instead of focusing on the damage Mother Nature can produce, we should focus on the positive things we have done, and the things we can improve on in our journey to becoming the best growers we can be.

Reed Nelson

Still Thinking That Yields Are Out Of Your Control?

Still thinking that yields are out of your control?  In the dark about what kind of crop insurance you need for your farm?  Still guessing when it comes to marketing your grain?  If so, than you need help with your finances too.

We’re the only company in the United States who offers farmers the ability to pull all four increments of profitability together to achieve business goals.

Give us a call or contact us today at Corn Capital Innovations. We would love the opportunity to help your business succeed.

Farming Profitability is like taking Vitamins vs Aspirin

Vitamins are used to ensure adequate nutrients and taken daily will ensure overall health for years to come.  While aspirin is used as an analgesic (painkiller) to relieve minor aches and pains temporarily.

With the New Year just around the corner, resolutions and goal setting traditions are coming fast.  Have you thought about what you want to accomplish in 2013? Have you set a goal to lose weight (the quick fix- aspirin) or to set a goal of overall health (long term – vitamin).

Today is the day to start looking at the things that are going to make a small difference over the years to come; like taking vitamins for overall health.   If you need to take aspirin, it may be solving the short term problem, but you will probably have to keep addressing the same issue.

Any good health plan can apply to your farm operation as well!  As you design and/or reanalyze your operation’s business plan for next year, using the right tools can make all the difference. If you are spending a lot of time being reactive and addressing many issues that came up last year, it’s time to look at things that you can do in 2013 to be proactive and incorporate pieces to your farm that contribute to the overall health, instead of just feeding the “pains” of the operation.

If the goal is to have a “healthy” operation, start giving it vitamins today to reduce having to use aspirin later in the year.

Vitamins can include:

It’s when you don’t have these things in place that you will find yourself needing to take more aspirin; that ends up being a reactive approach and ultimately can hurt your operation. When we have the right things in place from the beginning and maintain them through the year (acting as vitamins), we have less “illnesses” that strike from year to year. For most of us, big goals are overwhelming, so sit down and consider the easy mini-steps that you can take to get to where you want to be.

When we take the vitamin approach, we are able to have a more consistent operation with steady growth; which in turn, makes the long term goals for our operation more attainable. Once we start reaching those small milestones, we get much closer to that ideal big picture we are reaching for.

Sure there will be times that we may need a little aspirin; we just don’t want to rely on it on a regular basis.

Do you have ways to stay your “healthiest, most profitable” throughout the year not mentioned above?  Tell usin the comments below!

Fantasy Farming – The Seed Dream Team

The smell of fall is in the air and that means two things- football and harvest. Many of you are also excited to have kicked off the fantasy football season. With 30 million people having their drafts over and teams picked, you hope for the best this football season to win that large pot of cash at the end.

For some reason, it seems that no matter how much you know about the NFL football players and their stats from their previous season, what can seem like a perfect pick before the season starts, one small factor can throw everything off. Accurate, high-quality fantasy football projections are difficult to make, mostly because there are too many variables involved that can make or break a season. What can be even more frustrating is your competition picks their winning team based off the uniforms and their favorite colors and win! How does this happen? How can a plan that seems so perfect by looking off of performance last year flop on the ground?

We see this same thing year after year when farmers put together a crop plan that seems to be the seed dream team based off of their yields from the current season and what new rookie has the most hype as a new player. What we need to remember is that there are no two growing seasons alike, just like there are no two football seasons that are the same. There are numerous factors that go into play for a successful season- this is why we see such varying results from harvest to harvest and from field to field. We are seeing more volatility in the farming industry more than ever before, so it is not uncommon for us to be looking for the perfect answer on how to grow a great crop.

The perfect answer doesn’t lie within the perfect seed variety, but what it takes to consistently get better and have the best chance at earning the largest pot of money in the end is management and execution.  Just as it takes a great manager to form a great football team, skill alone won’t win it. We can’t control the weather, market prices and adverse growing seasons. But what we can control is how we plant the crop, manage the crop and execute strategies, which in turn spreads our risk. No matter what happens after that first kickoff is made, is it up to the grower to finish the year strong and do everything in his power to go after the big win. Even though this is not a foolproof solution, it is still the awareness of your management practices and the drive to be better that will have the largest long term impact on your operation.

As we have watched things gear up for this special time of the year, there has been much anticipation to see what the performance actually looks like. Everyone has seen their fair share of bumps in the road, but every team depends on the manager to guide them in the right direction, and it’s his job not to give up after the star player gets hurt. You know there is more potential in a team when he has the ability to look at the different strengths of each of his players and makes management changes as he needs to throughout the season to get the team to perform to the best of their ability through the end. After so long in the league, different variables start to take effect and the game starts to wear on each player. Same goes for the lifespan of a hybrid. In the past we used to see a certain kind of seed on the market for decade, now that lifespan has decreased to an average of a couple years in the field before it’s taken off the market. Change is inevitable and players will come and go. It’s up to the manager to make adaptations needed to move forward and continue to grow. What experts are you listening to as you create your 2013 game plan?

How to Stop Worrying about Hitting the Highs and Lows of Farming

We wanted to share this great story from Colleen, a farming friend originally from near Clarkfield, MN who now lives in the Redwood Falls, MN area.

Growing up on a family farm was a wonderful experience and my Dad made an excellent investment by buying land, and as he would say, “making a living off the land”.  Farming was in his blood as he came from a long line of farmers.

We had a quarter section and it was enough with the size of equipment that he had.  There was no GPS or automation at that time.  Some say the good old days and I have to agree!   However, he was always with the times and understood the changes that made sound sense.  He would store grain and wait for the market to go up.  Us kids were not really informed of the “financials or the marketing” that the old man did.  That was kept for Mom and him to worry about.  When the 80’s hit I don’t think that I realized just what a bad situation we were in; farming at that time.  But, the evolution of time changes it all.  The land that he bought for just over $200 an acre (a lot of money in the 60’s) is now selling for around $6,500 an acre.  Depending on your location, land could be selling for a whole lot more!

Dad would listen to the radio and get the news on corn and soybean prices; that was the old style of grain marketing. Don’t get me wrong, we still listen to the radio, but now we have an organization like Corn Capital Innovation that is the pioneers in the field of providing a total farm business solution.

They boast the phrase “we change farmer’s lives forever” and it is true!  I wonder how things would have been different ‘back in the day’ if we had this resource to turn too?!

So take advantage what we have now and contact Corn Capital Innovation for assistance with Production, Crop Insurance, Marketing and Financial Management.

Grain Marketing is the most difficult job every grower will face.

Working with Corn Capital Innovation’s assistance you will:

  • Achieve goals faster
  • Adjust to market changes
  • Gain a competitive advantage
  • Rest easier

The most successful farmers utilize grain marketing specialist to help them make decisions.

Check what you already have in place:

__I know how to tie grain marketing with crop insurance

__I know how to use storage in my profitability strategies

__I know what financial changes I need to make in my operation each year

__ I know my break-evens

__ I know my working capital percentage and how to increase it

__ I understand market carry and how to apply it

__ I understand and know how to manage profitability and basis

Stop worrying about hitting the highs and lows… Increase profitability more than you ever thought possible!  Do this with the assistance of Corn Capital Innovation.

Contact Us today and we’ll help you put the four components of farm profitability to work!

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