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what a crock!

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URL: https://www.allischalmers.com/forum/forum_posts.asp?TID=157702
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Topic: what a crock!
Posted By: shameless dude
Subject: what a crock!
Date Posted: 30 Jan 2019 at 8:01am
again...no money made on the farm last year. after the renter and taxes was paid, no money left over for the stockholders! the self appointed manager of the farm did find a little money to give to his kids.



Replies:
Posted By: desertjoe
Date Posted: 30 Jan 2019 at 9:22am
 Dang,,and I am feelin for you,,,Good Buddy,,,knowin how you was wantin to retire and buy thet fancy place up in Country Junction, Alaska,,,,and,,,,and,,,,OH,,,I forgot to mention,,it is -74 degrees up thar this mornin,,with just a trace of a breeze,,,,CHIT,,,that right there is friggin COLD,!!!!!!  ooops,,,got tangled up with my story,,,anyway sounding like you needs your own attorney to do like ole Les is always sayin,,,"Follow The Money"Clap May not be actual cash put in the bank,,,but new equipment bought in the name of the farm,,,,Wink Good Luck,,,thinkin you is gonna need some,,,Clap


Posted By: Tbone95
Date Posted: 30 Jan 2019 at 9:49am
So......are you saying money should have been made this year?  How many acres are we talking?  What's the rent / acre?  I'm just curious, you don't have to share if you don't want to.  I did not make money on my farm this year, and know what my costs are. . .


Posted By: shameless dude
Date Posted: 30 Jan 2019 at 11:08am
50/50 rent, and the big green farmers are pioneer dealers, so you know what is spent on seed. the self appointed manager is afraid to say no to them on anything. their imput cost are about $130 per acre.


Posted By: shameless dude
Date Posted: 30 Jan 2019 at 11:10am
they did have to spray the fields 3 times to kill the volunteer corn, but only the fields that show from the road. the other fields only got 1 spray for weeds.


Posted By: Tbone95
Date Posted: 30 Jan 2019 at 11:23am
So they grew soybeans then I take it?  And 50% of the crop proceeds went to rent?
 
Typical yields for your area?
 
Are you thinking they got free seed?  I actually would think not, though I could be wrong. 


Posted By: shameless dude
Date Posted: 30 Jan 2019 at 11:10pm
i'm thinking we are paying our share and their share, then just giving them 1/2 the crop! when I farmed 50/50, input costs sure wasn't anywhere near that amount, and the yields were real close to the same as they are now.


Posted By: Tbone95
Date Posted: 31 Jan 2019 at 7:57am
I'm sure you have every right to be upset.  Your rants against the stock holders are usually for just cause.  The situation underlying sucks.
 
I'm just trying to understand the specifics here.  I guess you could say I'm trying to turn this into a farming discussionSmile.  Maybe that's not possible, but I'm trying to learn something by comparison.
 
So again, if you will, is this year's crop soybeans, and what is this year's yield and typical yield?
 
For me this year, we had a horrible drought from mid May through early August.  Hay crop was ~60-70%.  Corn was a disaster, approximately 1/4 of it was dying in July and it was chopped at the time to supplement the dead pasture.  What I left for grain was about 1/2 the yield I can get. 
 
I added over 10% acre increase to my operation this year. I went heavy into soybeans this year.  Now I will say, I support President Trump and his overall policies and even his trade spat with China.  We're doing the right thing.  But this ain't the political section.  Soybean prices sucked this year.  To add to that, after that drought, it turned WET, way too late to grow anything but wet enough to make harvest miserable.  My beans were down to ~14% moisture when I started combining.  They at one point were UP to 20% due to snow, rain, fog, overcast, snow again, . . . .  Soybeans actually survived the crappy year about as good as anything around.
 
Here are the "stats" on my very BEST field, per acre, grossed about 43 bu/ac:
Seed $86
Fuel 22
Fert/lime 70
Spray 19
Rent 75
Insurance 13
 
Total $285 per acre
Still doesn't include interest, repairs, and yeah, I found the prior tenant's chisel plow shank with my right rear tire to the tune of about $1250.
 
My actual revenue per acre, pre tariff assistance, was $281.15.  The tariff program, the very first time EVER I have signed up for a USDA program by the way, ended up giving me a small profit per acre.
 
I'm trying to follow your situation.  Your first post says "after the renter and taxes was paid".  So, you pay the renter somehow?  Your farm manager market's the crop and pays him 1/2 or something??  And he pays all the inputs up front or you split those also?  Again, I doubt he gets free seed.  More likely gets it for 66% of what the rest of us pay.
 
Anyway, even if you remove rent and all of the seed costs from my inputs, if I gave half my crop away there would be absolutely 0 left. 


Posted By: shameless dude
Date Posted: 31 Jan 2019 at 9:05am
the renters turn in a bill at the end of the year, the manager of our farm won't let us see the bill, nor will he show us any bushel amounts that is harvested, nor will he show anything to us record wise. how I get the info on expences is I check the bank statements for the farm, it shows who and where our money goes. the crop year before, the manager let the renters put all of our soybean crop into the renters bins, I asked if he got a recipt that our beans were there? no he said. I told him that was stupid as what if they got killed or incapacitated and we wanted our beans? as far as their family knows...what's in those bins belong to them. he couldn't see it that way...went right over his head! arou8nd here most farmers input costs are right at $86 per acre. my input costs when I farmed here was$64-$84 and change. and still raised the same amount of bushels as ones that spent over $150 per acre. the crop prices are the same for all of us unless we do something special to the crop that will bring us a higher sale price. call it marketing. I love it when some of the farmers here take their loads of corn directly to Cargill and by pass the elevators. Cargill will pay them .05 cents more than the elevator price. a lot of the loads are about 450 bu. but when they get on the scale there, a sample is taken and then that load is charged $25. to have that sample tested for what ever they test for. of course if you bring a semi load in, you can get a little bit more than the straight truck loads. you have to have a 500 bu load just to break even. we both can go on and on, it basically comes down to "if it costs more, it will be better". that's the thoughts of the manager.


Posted By: allisrutledge
Date Posted: 31 Jan 2019 at 9:14am
I can send you a short rope but you need to furnish the tree and horse! Just tell me it's for tying up your pig.

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Allis Chalmers still exist in my mind and barns


Posted By: Tbone95
Date Posted: 31 Jan 2019 at 9:27am
OK, I give up.  Not a rational conversation. 
 
My seed cost $86 bucks for crying out loud.  Liberty link seed, not RR seed, cheaper than RR seed but not as cheap as "conventional", and no it's not Pioneer.  Conventional, my spray costs would have gone up to equal or worse than it cost to spray liberty.
 
So, whatever.  I give up.


Posted By: ac fleet
Date Posted: 31 Jan 2019 at 10:45am
That's why 50-50 , 60-40, or whatever never works. We do only one way, CASH! half by property tax time and the other half after harvest, he puts fertilizer and whatever else he needs on. He does care for the farm and we are lucky to have this guy.
All guys are not like this, MOST are scammers. You need to get a lawyer to investigate the crooks. thanks; ac fleet


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http://machinebuildersnetwork.com/


Posted By: Tracy Martin TN
Date Posted: 31 Jan 2019 at 11:16am
Originally posted by shameless dude shameless dude wrote:

the renters turn in a bill at the end of the year, the manager of our farm won't let us see the bill, nor will he show us any bushel amounts that is harvested, nor will he show anything to us record wise. how I get the info on expences is I check the bank statements for the farm, it shows who and where our money goes. the crop year before, the manager let the renters put all of our soybean crop into the renters bins, I asked if he got a recipt that our beans were there? no he said. I told him that was stupid as what if they got killed or incapacitated and we wanted our beans? as far as their family knows...what's in those bins belong to them. he couldn't see it that way...went right over his head! arou8nd here most farmers input costs are right at $86 per acre. my input costs when I farmed here was$64-$84 and change. and still raised the same amount of bushels as ones that spent over $150 per acre. the crop prices are the same for all of us unless we do something special to the crop that will bring us a higher sale price. call it marketing. I love it when some of the farmers here take their loads of corn directly to Cargill and by pass the elevators. Cargill will pay them .05 cents more than the elevator price. a lot of the loads are about 450 bu. but when they get on the scale there, a sample is taken and then that load is charged $25. to have that sample tested for what ever they test for. of course if you bring a semi load in, you can get a little bit more than the straight truck loads. you have to have a 500 bu load just to break even. we both can go on and on, it basically comes down to "if it costs more, it will be better". that's the thoughts of the manager.
Me and the manager would have a come to Jesus meeting, one way or the other. You might fix it where I can't farm it, but the guy doing it is going to be legit! Tracy

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No greater gift than healthy grandkids!


Posted By: shameless dude
Date Posted: 31 Jan 2019 at 11:47am
Tbone...you plant a whole bag per acre?


Posted By: shameless dude
Date Posted: 31 Jan 2019 at 11:51am
cancel what I just said, I had a brain fart. my seed bag plants about 3.5 acres each, 4 acres on the light ground. but the cost is about $143. a bag


Posted By: Tbone95
Date Posted: 31 Jan 2019 at 11:52am
Yep, that is my target pop.  Some guys around go well over 200,000.  I've experimented some downward, 100,00.   Yield starts to drop off too much.  I was shooting for 50 Bu/ac yield on that good field I detailed out.  NOONE did that in this area this year with the chit conditions.


Posted By: Tbone95
Date Posted: 31 Jan 2019 at 11:54am
Originally posted by shameless dude shameless dude wrote:

cancel what I just said, I had a brain fart. my seed bag plants about 3.5 acres each, 4 acres on the light ground. but the cost is about $143. a bag
Of soybeans?!Shocked  Only 40,000???  Holy crap!  What yields do you get on that?


Posted By: shameless dude
Date Posted: 31 Jan 2019 at 12:01pm
soybeans are a bag an acre...yields of 30-70 bu/acre depending on weather. corn is 3.5 acres per bag, yields of 80-225 bu/acre with 100 lbs of actual N.   


Posted By: Tbone95
Date Posted: 31 Jan 2019 at 12:07pm
You're hard to follow, sorry....
 
But the yields are pretty similar to here.  Yes, a bag of soybeans per acre, 140,000 seeds per bag.  Corn, my personal best is ~175.  Only the best of the best around here break 200 in test plots.  But not with only 100 lbs of N.  The chemistry doesn't work out there.  Slightly over 1 lb N per Bu of grain to harvest or you aren't going to get there.  Seed rate also, for corn to 200 and beyond around here, you're looking at 35-38,000 population, so just barely over 2 acres from a bag.


Posted By: Tad Wicks
Date Posted: 31 Jan 2019 at 12:11pm
Originally posted by shameless dude shameless dude wrote:

they did have to spray the fields 3 times to kill the volunteer corn, but only the fields that show from the road. the other fields only got 1 spray for weeds.


A stupid question, what do they use to kill volunteer glyphosate resistant corn? or does the second generation from hybrid not have the resistant DNA.  Thanks Tad


Posted By: Tbone95
Date Posted: 31 Jan 2019 at 12:14pm
Soybeans, county average is I think 30 or so, based on what I learned when we first started raising them.  My personal best was 72, only ONCE!  Typical for me on decent ground average year is 40-45.
 
On that good field next year, I'm planning on corn.  I've got to tweak my seed costs, track actual fuel used like I did for this bean crop...I'm looking at $450+ per acre in costs.  I do not insure corn, but I am budgeting for drying or moisture dockage.  Look at the market, do the math on yield.  It doesn't look too promising!!!


Posted By: Tbone95
Date Posted: 31 Jan 2019 at 12:16pm
Originally posted by Tad Wicks Tad Wicks wrote:

Originally posted by shameless dude shameless dude wrote:

they did have to spray the fields 3 times to kill the volunteer corn, but only the fields that show from the road. the other fields only got 1 spray for weeds.


A stupid question, what do they use to kill volunteer glyphosate resistant corn? or does the second generation from hybrid not have the resistant DNA.  Thanks Tad
They have stuff, I forgot what it is, I could look it up......but the better question is why?  It really doesn't hurt that much.  Or,.....would have to be terribly severe to hurt much. 
 
*edit* Poast is the one I was thinking of.  There are many.  Actually, if you plant RR corn, then Liberty Link beans, the Liberty will kill the corn too.


Posted By: shameless dude
Date Posted: 31 Jan 2019 at 12:19pm
I don't remember the name of that stuff either...it's pretty pricey. and our local elevators dock BIG time if there is any corn in the beans!


Posted By: Tbone95
Date Posted: 31 Jan 2019 at 12:22pm
I've never had a severe outbreak of it.  Had some....Since you lose hybridization, and don't fertilize with N, and it's more/less out of the row, I've never seen it really make grain.  3-4 foot tall spindly plant with no ears.  Yeah, they'd dock you here too if you had it.


Posted By: shameless dude
Date Posted: 31 Jan 2019 at 12:23pm
they kept spraying as the corn kept growing, the corn that should have gone into the combine bin instead of out the back of the combine.


Posted By: shameless dude
Date Posted: 31 Jan 2019 at 12:48pm
generally speaking a pound of N equals a bu of corn, but I also spread manure, humis, boron and carbon into the soil. and that helps a lot and keeps the fertilizer costs down.


Posted By: tadams(OH)
Date Posted: 31 Jan 2019 at 1:00pm
Shameless your forgetting they are using JD equipment so more grain goes back to the ground and less in the truck which equals less to the bin or for market.


Posted By: Tbone95
Date Posted: 31 Jan 2019 at 1:33pm
Originally posted by shameless dude shameless dude wrote:

generally speaking a pound of N equals a bu of corn, but I also spread manure, humis, boron and carbon into the soil. and that helps a lot and keeps the fertilizer costs down.
Yeah.....Right now I only have about 30 cow/calf pairs, another 10 freezer beef steers.  That ain't enough manure to even touch a year's worth of corn crop requirements, almost negligible.  Back to the original post topic, if the green guys don't have 100's of cattle, they're buying commercial fertilizer.  I buy mostly commercial fertilizer.  There ain't much money in this cropping business at the moment.


Posted By: shameless dude
Date Posted: 31 Jan 2019 at 2:35pm
I've sold off a lot of my manure spreaders. had them stationed all over for other people to fill, they were glad to get rid of it and I was happy to take it, all kinds of manure, grass clippings, leaves, sawdust, straw, and a few other things. when I couldn't spread it in the fields (while crops growing or it rained) I could stock pile it until I could spread it. I was just getting sum nasty no grow ground to start producing when they took over. after checking that area this fall, it's mostly back to non production again. this worked very well. just had to spend a little more time doing it, and didn't have to worry about compaction when the ground was froze. you do have some to help if your cows are confined in a small area.


Posted By: shameless dude
Date Posted: 31 Jan 2019 at 2:40pm
anyway...I've got my "rant" out, I feel a little better, thanks ya'll. sometimes it just helps to talk to someone!


Posted By: klinemar
Date Posted: 31 Jan 2019 at 2:59pm
The product they use here to kill volunteer RR corn in soybeans is called Fusilade.


Posted By: farmboy520
Date Posted: 31 Jan 2019 at 3:12pm
There is Fusilade, select max, and some others

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On the farm: Agco Allis 9695, 7060, 7010, R66, Farmall H, and Farmall F20 (Great Grandpa's)


Posted By: soggybottomboy
Date Posted: 31 Jan 2019 at 6:49pm
i should not weigh in,because i'm kind of a newbie here,but  i would not tolerate a farm manager like that. Advertise your farm for cash rent. You have the right to spell out the farming practices,and i'm pretty sure they will find a way to make a profit.Tell that s o b manager to hit the road,and don'tell him why. You deserve better.



















Posted By: JohnCO
Date Posted: 31 Jan 2019 at 7:32pm
Shameless's problem is that the farm manager is also a stakeholder, aka brother.
Ain't that right Dale?


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"If at first you don't succeed, get a bigger hammer"
Allis Express participant


Posted By: soggybottomboy
Date Posted: 31 Jan 2019 at 9:38pm
Shamless,i apologize for my comments about your farm manager. A person should never enter a discussion about people unless he knows the pedigree of everybody involved. Still wish you had more clarity though. Family is often the most difficult people to deal with.


Posted By: shameless dude
Date Posted: 01 Feb 2019 at 12:05am
your fine soggy! no offense taken, i'd love to gits rid of him. he knows nothing about anything on a farm, he just loves the title. in reality he gave up his shares and gave them to his kids, he thought anything made off the farm would put him in a higher tax bracket! but he spends the profits faster than the farm can make it. i'm sure all this chit is gonna end up in court soon...there is more chit happening now, it just sucks! I gotta gits outta here, but will take awhile, about 60 years of accumulation has to leave too.


Posted By: Tbone95
Date Posted: 01 Feb 2019 at 8:44am
Originally posted by soggybottomboy soggybottomboy wrote:

i should not weigh in,because i'm kind of a newbie here,but  i would not tolerate a farm manager like that. Advertise your farm for cash rent. You have the right to spell out the farming practices,and i'm pretty sure they will find a way to make a profit.Tell that s o b manager to hit the road,and don'tell him why. You deserve better.

















I honestly don't know how anyone could make a profit on half a crop.  I guess EVERYTHING is split 50/50, and I mean EVERYTHING, then half of any profit would be split too I suppose.


Posted By: soggybottomboy
Date Posted: 01 Feb 2019 at 11:08am
When folks cash rent,and they have to pay all of the input costs,they are more motivated to make a profit,because they get 100% of it. I do agree though,that it has become difficult to do that lately. When renting 50/50,people are likely not to watch their nickel as closely because"the landlord pays for half of it."


Posted By: Ted J
Date Posted: 02 Feb 2019 at 1:48am
Dale, you don't need to go to a lawyer, you HAVE to go to a lawyer.
He's performing grand larceny and getting away with it.  YOU can prove past profits and he's trying to ruin everybody.  It's probably a tax dodge for his kids and that is illegal.  I might even just drop a line to the IRS.....

It's either embezzlement of theft, or both, and both are illegal.

Also, as a stockholder, don't you have the legal right to see ALL the books?


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"Allis-Express"
19?? WC / 1941 C / 1952 CA / 1956 WD45 / 1957 WD45 / 1958 D-17


Posted By: tadams(OH)
Date Posted: 02 Feb 2019 at 12:54pm
Kinda sounds like the stockholder took all the rights from Shamer and he's going to have to gets a lawyer to straighten it all out.


Posted By: Stan IL&TN
Date Posted: 02 Feb 2019 at 1:16pm
I hate this for you Dale. I will keep you in my prayers for a smooth road ahead.

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1957 WD45 dad's first AC

1968 one-seventy

1956 F40 Ferguson


Posted By: LeonR2013
Date Posted: 02 Feb 2019 at 1:50pm
Well, way back I gave my opinion and it seems to have come true. It's a shame that the people closest to you are the worst to deal with. I didn't necessarily agree with dad when we got out of the farming, but he held the reins, so I'm glad we did. I'm really sorry for the things that are going wrong Shameless, but maybe you can buy an old flat bottom boat and live on the river. It sure is a lot more affordable.


Posted By: Lars(wi)
Date Posted: 02 Feb 2019 at 2:32pm
Dale, I almost hate to mention this, but I'm have a deep gut feeling that over last couple years you have been cheated big time!. What you should have spent from the very start, would have more than gained back to you in earnings from this 'arrangement'. Have you actually seen your Father's 'will' yet?


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I tried to follow the science, but it was not there. I then followed the money, and that’s where I found the science.


Posted By: darrel in ND
Date Posted: 02 Feb 2019 at 4:03pm
I'd have to agree with ac fleet: CASH RENT!!!! X number of dollars per acre, regardless of what they get for a crop. And usually a cash rent contract will have all of the specifics about proper stewardship of the land and such. Darrel



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