Hig igher Profits wit ith Double Crop Carl Schwinke Siemer - PowerPoint PPT Presentation

Hig igher Profits wit ith Double Crop Carl Schwinke Siemer Milling Company

Attit itude “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 2

Attit itude “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 3

Attit itude “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 4

Attit itude “Begin with the End in Mind” Stephen Covey Double Crop Line will be Moving North Crop Insurance Issues 5

Attit itude “Begin with the End in Mind” Stephen Covey Carl Schwinke Siemer Milling Company Phone: (217) 857-2247 Cell: (217) 821-6547 cschwinke@siemermilling.com 6