SWallis1963

Family, faith, farmer

[SWallis1963 @wallis1963]

@TheDailyDraught Eh Taylor

[SWallis1963 @wallis1963]

@BrianWillott Watch what you wish for our county has had 6-12 inches this week

[SWallis1963 @wallis1963]

@TheDailyDraught Right

[SWallis1963 @wallis1963]

@Grainmarket67 A week or two of dry weather would be perfect where I’m at in sw Indiana

[SWallis1963 @wallis1963]

@brent_scamehorn @TheDailyDraught Blanton for me

[SWallis1963 @wallis1963]

@1boilerfan Is that 2 or 3 miles

[SWallis1963 @wallis1963]

@Bkitch1Bodie For 5 yrs we were farming 40 plus miles from home now down to 20 the key to long life is no more than 18 mph

[SWallis1963 @wallis1963]

@gregzimpleman It was the second best decision my father made in his career our farm has been on a fiscal year since 1980
His best decision was to buy land every chance he could

[SWallis1963 @wallis1963]

@Cetter15 If we plant 150 mil acres of corn and raise only 170 bu per acre that’s 25.5 billion the price will start with a 2

[SWallis1963 @wallis1963]

@ThrillaRilla369 42 for us

[SWallis1963 @wallis1963]

@gwiesefarms No I don’t believe so the correct question is your yield more or less than last year

[SWallis1963 @wallis1963]

@cfarms76 @_TheMizzouTiger $40 today is a lot smaller percentage of that acres gross income than the 30 was in 1985

[SWallis1963 @wallis1963]

@Matthew1530896 @cfarms76 Take 2.23 times the national average yield for corn of that year put that total in the inflation calculator then compare 4.00 times 186 and see what the difference is it will still be some difference but not the 3x your showing

[SWallis1963 @wallis1963]

@oelma__ Wilhelmene and Helen

[SWallis1963 @wallis1963]

@theLandTalker I farmed thru the eighties there are all kinds of differences now
1. No non ag money buying land in the eighties
2. Long term interest rate was 2x of today
3. Only asset loans back then no lender cared if you could cash flow it
4. Farmers with big land debt arent as leveraged

[SWallis1963 @wallis1963]

@BenRiensche @_TheMizzouTiger @theLandTalker Not in sw Indiana
20k plus for 80 that needs tile
Bought by a farmer

[SWallis1963 @wallis1963]

@AgrisAcademy My father and grandfather built are grain system in 1978 my big bin in that project was a 48-15 ring bin still using today on second set of fans and unload original floor this a generational investment not a decade investment

[SWallis1963 @wallis1963]

@GrainsGorilla Very few 5-10% of the norm

[SWallis1963 @wallis1963]

@AmandaBrodhagen Sorry for your loss

[SWallis1963 @wallis1963]

@BenRiensche @gwiesefarms I survived the 80s 2 huge differences today the high interest in the 80s was 18% not 8
And in the 80s almost no out side money buying land
It’s my opinion that land might stay flat to down 10% nothing like the 80s of retracting 60-80%