Matt Mensing

🇺🇲Father of two farm-loving boys. Husband. Farmer. Banker. Cyclone Fan. Angus cattle are my passion. Opinions are my own

[Matt Mensing @MattMensing]

@Schornack The seasoned, well underwritten loans are great. However, I'd prefer the bond portfolio be pretty short so we can deploy that liquidity as we see fit.

[Matt Mensing @MattMensing]

@Schornack Bond brokers been pushing for a year to prepare for lower rates. Glad we kept plenty of dry powder. Never place directional bets on interest rates.

[Matt Mensing @MattMensing]

@MaxROIFarmer @blake_vince @FLOLOfarms @GreenCoverSeed IMO at current interest rates, the cost of capital on a separate machine is more expensive than the additional planter maintenance. I pull the seed firmers out when we do cover crop. We also have a 12/24, so we can swing the tongue 7.5 inches and run between the rows of stalks

[Matt Mensing @MattMensing]

@MaxROIFarmer @blake_vince @FLOLOfarms @GreenCoverSeed Our best results come from a kinze planter in 15" rows with wheat plates. We plant rye that way after harvest each fall. Behind our bean stubble, we spread wheat with some dry fert, then incorporate with Krause excelerator vt. The depth and pitch of vt pass varies w/conditions

[Matt Mensing @MattMensing]

@jjtejkl There's dumb, then there's dumber, and then the level of people that say stuff like that.

[Matt Mensing @MattMensing]

@FoulkShay Have you seen any data in regards to how often a farm comes up for sale, especially on farms owned and operated vs farms owned and rented out?

[Matt Mensing @MattMensing]

@Aureliusltd28 Midwest too. Housing has weakened significantly in last 3-4 weeks

[Matt Mensing @MattMensing]

@bl_ag_inc Agreed. #1 is the day of the truth on Puncher. Whatever goes second is distant

[Matt Mensing @MattMensing]

@ChrisMWilliams For those of us that hate black olives, that's an elite 7 layer dip!

[Matt Mensing @MattMensing]

@Bkitch1Bodie With yield goals of 220-240, we are applying 155 N in split app, and about 17 S.

[Matt Mensing @MattMensing]

@DirtTurner Yes, late 90s walk-on. I remember his name because my college-age cousin got some bball players autographs for me (roughly 10 Years old)

[Matt Mensing @MattMensing]

@scottreister @KCCINews Thanks for doing a great job on this story Scott. It was hard not to be emotional watching it tonight for many families that have had 4 generations enter the doors of that building.

[Matt Mensing @MattMensing]

@gwiesefarms Whether you're a farmer or a banker, liquidity is king.

[Matt Mensing @MattMensing]

@MarkNel1026 The real corruption was in flocks where they had less than 5 confirmed cases, killed the thousands of birds. Collected government checks for the birds and future income. Had no feed or labor expense. Then just let facility set empty and live off the big check

[Matt Mensing @MattMensing]

@MarkNel1026 There was a ton of corruption in that government program. However, at this point, unless already ordered, there are 0 available pullets to purchase in the US until 2027. The breeder flocks have been hit too. A facility that has a younger flock get the flu can't replace the birds

[Matt Mensing @MattMensing]

@MarkNel1026 The commodity groups remind me of the federal government. They constantly grow and spend more money without providing much additional value. I don't think the individuals working for these organizations are bad people, but they want to remain employed and make more money.

[Matt Mensing @MattMensing]

@ChrisMWilliams Emotional night in Orient, as it was the last sporting event to ever be played on that floor.

[Matt Mensing @MattMensing]

@PlsntVlyFarmer Woah! They aren't a bank, they're basically a bloated government agency with nearly zero oversight. Don't lump good rural, community banks in with them.

[Matt Mensing @MattMensing]

@HeathwLarsen I'm probably going to request from ISU first. I haven't looked at parking passes yet.