Enhancing your Wheat / Soybean Production System

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Presentation transcript:

Enhancing your Wheat / Soybean Production System Carl Schwinke Siemer Milling Company

Siemer Milling Company Teutopolis, Illinois Hopkinsville, Kentucky West Harrison, Indiana

Siemer Milling Company Locations

Double Crop Advantage “Non Cash Benefits” Soil Health “Cash Cover Crop” Intensive Management of All Land Assets 4 Crops in 3 Years or 3 Crops in 2 Years Higher Corn Yields Following Wheat Farm Based Weed Control Storage / Marketing Opportunities

Keys to Maximize Producer Profit High Production High Quality Marketing Plan Marketing Plan High Quality High Production

Storage and Marketing Opportunity Corn Carry – December 17 to March 18 7.25 ¢ 3 Months 2.42 ¢ /Month 5% Interest (1.7 ¢) 0.72 ¢ Soybean Carry – November 17 to March 18 2.5 ¢ 4 Months .63 ¢ (4.18 ¢) (3.55 ¢) Wheat Carry – July 17 to March 18 42.5 ¢ 8 Months 5.31 ¢ 1.9 ¢ 3.41 ¢

SMC Drying Program Benefits 20 – 22% Moisture 1% per Point Discount TW Discount Starts at 55# Dry Wheat does not Apply Benefits Better Quality Higher Falling Number Fewer Mold and Damaged Kernels Farmer Starts Earlier Buy Farmer Grain

2015 Crop Year – Montrose Deliveries

Sample Budget Real Farm · Real Numbers · Real Costs

Wheat Production Costs

Wheat Quick Tips for a Better Wheat Experience Variety Selection Yield Early Disease (Scab) Use Fungicide (Triazol) Feekes 10.51 Look at your Field

Yield Quality Marketing

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