Black Pipe

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Partners & Friends,

Over the years you have heard us talk about the value of underground drainage tiling on the acres we farm. Ever since Charles purchased our first tiling machine—the Buckeye 301—in 1974, this farm has owned a machine to install tile. I put myself through college with that first trencher. After the first machine there was a Speicher 600, and now we have our current Soil Max Tile Plow. Over the years we have installed many miles of black plastic perforated pipe. Last spring was another example of the advantages of pattern tiled fields. Those fields that have complete systems installed were ready to plant sooner, soil conditions were excellent, there was no replant, and our highest yields were obtained there.

Included in the pictures in this post are a couple from Nauvoo, Illinois, that drive for Timewell Drainage, our tile supplier. This couple delivered tile to us from Kentucky! We accumulated tile all summer long because of supply problems last year after harvest. Last year we usually waited about 10 days after ordering to get tile delivered—this year we get it the next day. I point this out because a lot of these supply issues that we are now experiencing will be resolved. The companies and vendors that are going to survive will figure out how to fill the gaps and reap big long-term benefits from it. This company increased their capacity 40% in a year's time and are proving to be reliable suppliers. Others are following suit. And with prices much higher than a year ago, I would assume they are keeping margins in fine shape.

We are putting tile in the ground as fast as possible with the labor force we have. If the weather holds out we hope to install tile on over 300 acres this fall and that much again next year. We are also delivering non-GMO corn in our allotted window and coring the centers of the bins for grain quality purposes. Lots of tasks being put aside for now.

In the world, the EPA announced some resolution to the Renewable Fuel Standards yesterday—looks like it will help stabilize corn demand for now. Brazil’s bean crop is off to a great start with timely planting and sufficient rainfall. This time of year is uneventful in grain marketing. Input prices are looking to stay very strong into 2022. Some supply problems are looming with chemicals.

This is a great time of year to soak up the celebration of our Savior's birth. Attended the Chosen Christmas special last week (download the app if you haven't already). Time for Christmas programs and get-togethers with family and friends to help us appreciate all we are blessed with. Phyllis’ eye is slowly healing from this third surgery, the most painful yet. Prayers appreciated. The farm team Christmas party was a fun time—we appreciate our crew!

Current Prices:

Corn 5.84

Soybeans 12.49

Enjoy this blessed season and keep in touch!

Steve