Showtime

Partners,

We officially quit planting on June 14. Then the rains came again and covered a lot of our replant work with water again! Now this past weekend we received another 3+ inches of rain. The equipment getting the most use these days are the sump pumps and the job we are getting good at is putting up the “Road Closed” signs. We still have about 400 acres of corn to sidedress with NH3. Over half of the beans are needing sprayed with a second pass--the weeds are growing quite well. The nearby markets have reacted the most to the crop problems which is preventing many crop pricing opportunities for 2020 and beyond. The Illinois river has been closed for over 6 weeks now. This is going to back up old crop delivery into new crop harvest and will definitely cause some long lines at the river terminals. Marketing this crop and the next several years’ will have important implications on future profitability. We attended three marketing meetings this past week.

There is great concern in the livestock industry about adequate supplies of feed for the next year. There are estimates of between 7 and 10 million acres that will be taken for corn Prevent Plant. Hay harvest has been quite delayed and we have lost at least one cutting of hay—nationwide. Areas that were not able to plant at all will have trouble sourcing nearby corn for grain and corn for silage, and feed costs will be substantially higher. We must sustain the livestock industry through this time, or in the future we will have even less demand for our crops. The harvest rules for Prevent Plant acres have been eased as far as haying or grazing. Planting a crop that has a chance to be feed-worthy will be challenging with the continuing rains. There are reports that half of China's hog herd has been wiped out with Asian Swine Flu. And projections that next year’s corn-planted acres could be over 100 million add to concern that we will immediately overproduce and get into a supply glut again.

We will be watching with much anticipation the talks this week between President Trump and the Chinese Premier. We need to find level playing field rules and keep both countries on a path of economic stability.

Show season has begun. Dog obedience was last week and coming up are bucket calf and food items. Alison is learning a lot about doggie vacations for her internship at bringfido.com. And Grandpa is reminiscing and telling stories about the other years that were weather stressors like this one--74, 83, 88 and 93 are the ones that really stand out.


Fall Prices:

Corn 4.43

Soybeans 8.93

Questions and comments welcome!

Steve

What a Planting Season

Partners,

Pulled out of the field with the bean planter for the last time Tuesday night. We are leaving some small wet areas of corn and bean acres which we might plant cover crops into when they dry up, but for now we are calling planting complete. The local weather station says we are at 179% of normal rainfall for the year. Our area is at 99% planting completion after lots of activity this past week. We replanted approximately 130 acres of corn and 85 acres of beans. Planting a field a second time is not very exciting! We are struggling to get hay baled this week with equipment challenges and weather issues. The forecast is for rain for most of the rest of this week. We do count ourselves blessed in that we are able to get most everything in the ground; several farmers across the USA we know were not so fortunate. The bean planter was pulled out 11 times (not that I was counting). Most of the bean fields were entered at least twice, planting dry areas first and then going back for wet spots. Tiling paid huge dividends this year--both in field access and the way the crop was able to emerge in all the moisture. We have identified several spots that need more in the near future if these weather anomalies are the norm. It will take years to heal the erosion and sediment from the extreme rain.

USDA is hard at work on the next round of Market Facilitation Payments to prop up falling commodity prices. Tying all of the rules into Prevent Plant guidelines and trying not to distort the market are proving formidable challenges. Here in Illinois we have just seen the most anti-business legislation in decades enact lots of new taxes without curbing anything on the cost side.

And now we have legalized pot production and consumption, so all of our problems will seem much less severe.

Family doing well--Ali is going to South Carolina to work at bringfido.com for the summer. 4-H show season is upon us. Now with planting complete a more normal lifestyle will emerge. Looking forward to a summer of fun times with family and friends.

Fall Prices:

Corn 4.28

Soybeans 8.60

Keep in touch,

Steve

Planting Progress

Partners,

The last planting we did was Sunday, April 28th in the evening—we got rained out around 11:30. We are 40% done with corn and 35% complete with soybeans. Considering that statewide, Illinois is only 11% done with corn planting and 3% done with bean planting, we feel fortunate about our situation. According to the NWS in Peoria we are at 149% of normal rainfall for the year. A year like this reinforces the value of drainage in the fields. The timeliness of being able to get field work completed is huge, and the crop that is emerging can't stand water for too many hours. We are keeping busy nonetheless. With no full-time employees, Marcus and I are filling in as truck drivers & mechanics, catching up on office work, finishing up construction projects, attending end of school year activities, and preparing for the next surge of field work. Balance of work and life!

On the national front, the Chinese trade negotiations are heating up. Studies of past trade talks have indicated we gave up too much too easily. That certainly does not seem to be the case this time! This tariff war is almost a year old now and the tweets this past week were not warm and fuzzy. Here in Illinois the current proposals in Springfield are for doubling the motor fuel tax (we have to do something with the roads; we are shaking our trucks apart hauling grain). The minimum wage will be $15 in a few short years (so much for entry-level part-time work). And the progressive income tax proposal looks like it will be on the ballot Fall 2020 (how many higher income taxpayers that have the ability to relocate will stick around to see how that plays out?).

Getting some extra family time with the delays. Phyllis and I got to see Chicago in concert. Caught the final lecture at Monmouth College of a dear family friend. Violin recital one Sunday. Track meets and hip-hop performances in St. Louis. Life is good. We are truly a blessed people! Relish yours!


Fall bids:

Corn-3.50

Soybeans-8.05

Steve


Snowed Out

Partners,

Got in a few days of field work last week. By Saturday night all bean ground was sprayed and most NH3 applied. Soil conditions aren’t bad, and a year like this is when our tiling efforts are paying off. We worked till the rain/snow started Sunday morning, and above are some pics of what it looked like at noon. Looks like we might have one day this week to spray. 

Tariffs are still in place and stress is showing in farm country. The pork market is very strong since China has lost 19% of their hog herd to Asian Swine Flu and is actively buying up world pork supplies to field their population. Markets are nervous about the weather but most longer-term forecasts have some windows of dryer, warmer weather in them.

Alison played her first Rugby tournament last weekend! We are eagerly anticipating the celebration this weekend of our risen Savior.

Have a great weekend and keep in touch!

Steve 

We Love History

Partners,

Many of you know of the deep interest Phyllis and I have in history. So what could be more fitting than the celebration of the sesquicentennial of our home farm, owned by the Doll family for 150 years! In the 1860s, Phillip and Wilhelmina Doll brought their family from Germany to the United States to seek out a new life. They had their sights set on Hermann, Missouri, but eventually ended up returning to a town they had passed through on their journey: Bushnell, Illinois. Philip put his family (wife & 5 children) up in the Bushnell hotel and spent considerable time seeking the perfect homestead in the Bushnell area. He wrote up an agreement with a Mr. McDonald, who was the owner of the farm we live on today. In March 1869 he started operating the Doll Farm.

The original 160 acres was perfect for the livestock farm Phillip envisioned, with a creek running through it, pasture land, and rich black farmland to raise abundant crops for feeding out the cattle and hogs he raised. The first summer here he made his home in an overturned wagon box while he started a house for his family and continued to build his farm into a respected livestock and crop operation. The family line of ownership continued with Phillip’s son, also named Phillip, then two generations of Harvey Dolls, and now the current owners, Phyllis and her brother, Phillip, are the 5th generation of Dolls to have their name on the property. Our son Marcus is the 6th generation to live in this house (as a child), work in these buildings, and plant and harvest these fields. We will be sharing more stories of our rich 150-year history throughout the year here on our blog.

Currently, we are servicing tractors, hooking up planters, taking delivery of seed, creating prescription planting maps, and getting ready for planting season. The weather outlook is a wet one so we anticipate short planting windows to get the crop in the ground. Since we have only about 25% of our nitrogen applied we have that gap to fill also. We think we have the planting capability to put the crop in the ground in 7 days. Adding the second planter last year really added capacity to the mix. We are preparing the team for a busy time.

Sounds like progress with China trade talks. Some are fearful that the president might walk out when the leaders get together to finalize the deal. In my opinion there should have been some walking before. A bad deal for the US is worse than no deal, in my opinion. The commodity markets are anticipating acres switched to soybeans for the 2019 crop season. The flooding of the river system is causing some shipping delays. We have been informed that the Corp of Engineers is closing all locks on the Illinois River north of Beardstown in the summer of 2020. That will be challenging for grain sales.

Family is doing well. This month we’ve helped celebrate our youngest grandson’s first birthday, and Ali’s 19th birthday. Ali just finished her Winter quarter at UChicago (we did not pay anyone to have her admitted).

Fall Prices:

Corn 3.66

Soybeans 8.83

Keep in touch! Please 'Like' & comment below.

Steve