well I thought I had written on this post already....looks like it has went to the great electronic place in a far away server.
BF...i'm like you, I too am searching and trying to figure out what to do. With all that I've done and read, i'm still not the
sharpest knife in the drawer. I too am looking things over trying to figure out what to do next. This past year was one
of the worst we have ever had.
I think SW is right in some ways, you either plant and take a CHANCE you'll make some money, or do nothing, and
idle, but you'll still have expenses, so it adds up to a loss.
I guess you have to put as many odds in your favor when you spin the wheel of chance with planting. A fellow a while
back asked me for some advice on some things. I'll just basicly re-run what I said. The first is soil fertility, test. this
fellow didn't test, just fallowed a rule of thumb...this fellow tested, and he only needed half of what he was going to apply.
Another thing I will say, I encourage using the extension/land grant university lab. I've did an experiment a couple of
times, i'd send a sample to the university, and one to a private lab....different result, same sample. They usually
are much higher in cost, and like to run trace elements, which is usually of little if any value.
Do your homework on your weeds, know your foe's in the field, sometimes some of the older chemistrys will do
just as well as the new high priced stuff. Also shop around, I've found a lot of difference between suppliers
just a few miles apart.
Marketing...this can generate a significant amount of income. don't think about chasing the market....I've found
it easier, and more profitable to be a position trader or seasonal trader....let the market come to you. We know
that markets go down durning harvest....MOST..of the time, so position yourself so if and when it occurs, you
profit from it.
we have went over the bin not to big subject here many times...overall it is profitable, but if you are trying to
conserve funds, it wouldn't be the best time to be building bins, due to the returns will not be all in the
first year to pay it off.
a lot of things to consider....reminds me of the saying If it's and but's were candy and nuts, we would all
have a merry Christmas.
I guess it's like the Kenny Roger's song.....you've got to know when to hold'em, and when to fold'em, and when to run....
I guess the question is, how good of a poker player you are, and the draw of the cards......
I think i'm holding a pair of deuces......with a non matching assortment
