Balance Sheet

Did I actually pray for rain? Out in the open right here on the internet? In front of God and everybody? Let no one tell you convincingly that prayer can not help you achieve the results that benefit you. They may not be the results you prayed for but the benefits are assured. Take that rain for example. It cost me a couple days fencing and a big hole in the corner of a corn field where the cattle circled looking to get back into the pasture. Not the results I prayed for. But after a winter with some of the deepest freezes and greatest soil fracturing since I’ve been no tilling corn and beans (and oats/hay) and after one of the mellowest seedbeds I’ve ever planted in we now have nearly a completely wet soil moisture profile to get this crop up and pollinated. If we get some heat and rain in July and August we will be looking at a record crop.

Too bad the markets know it. We’re heading towards a twenty percent off sale price for our corn crop after the last few weeks. Soybeans for fall delivery were already on sale so their slide hasn’t been as severe ……. yet. Hay is off twenty percent too compared to last year. Granted hay was even higher the year before that but given the drouth that year record high prices were to be expected. In a nut shell feeding animals has become much much cheaper in the last couple of years. At the same time that the drouth reduced herd is needing to be rebuilt and the economy is technically improving. Meat and potatoes? Meat instead of potatoes. During the last couple of years I’ve wanted to sell off the herd at home. Now I wish I had my other herd back. They look pretty good on the balance sheet. Maybe that’s why they call it that.

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