Higher Profits with Double Crop

Higher Profits with Double Crop
Carl Schwinke
Siemer Milling Company
Attitude
“Begin with the End in Mind” Stephen Covey
Marketing Window
Forward Contracts
50% - 80% Sold Prior to Harvest
20% - 30% Sold Prior to Planting
Cropping Choices
Beans – 40 Bushels X $8.81 = $352.40 / Acre
Wheat – 80 Bushels X $4.70 = $376.00 / Acre
Total Revenue - $728.40 ÷ $3.86 = 189 Bushels / Acre Corn
Storage Returns
5₵ - 6₵/Bushel/Month X 10 Months = 50₵/Bushel of Added
Value
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Attitude
“Begin with the End in Mind” Stephen Covey
Planting Window
Vary Planting Rate with Planting Date
Prevent Plant is not a Plan
Return Seed Policy is not a Plan
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Attitude
“Begin with the End in Mind” Stephen Covey
Harvest Window
Harvest Wet – Start at 22%
- 23%
Protect Quality
Plant Soybeans in the
Shade of the Combine
Goal – 10 Days Earlier than
Your Neighbor
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Attitude
“Begin with the End in Mind” Stephen Covey
Double Crop Line will be Moving North
Crop Insurance Issues
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Attitude
“Begin with the End in Mind” Stephen Covey
Carl Schwinke
Siemer Milling Company
Phone: (217) 857-2247
Cell: (217) 821-6547
[email protected]
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