Latest / AG Bull / AG Squawk with Davis Michaelsen | Ted Hamer | Iowa Farmer

Transcript

AG Squawk with Davis Michaelsen | Ted Hamer | Iowa Farmer · AG Bull

0:10
SPEAKER_02: Time at the tone.
0:13
SPEAKER_02: Noon oh one and twenty-eight seconds.
0:16
SPEAKER_02: Boop.
0:17
SPEAKER_02: We're coming to you at noon-ish here on Ag Squawk in the afternoon.
0:21
SPEAKER_02: The markets are still open, but I'm happy to bring you today's guest anytime that we can nudge our way into his schedule.
0:30
SPEAKER_02: I had promised combine cab confessions, but atmospheric circumstance has intervened.
0:37
SPEAKER_02: My guest will still update us on Harvest, but he's taking shelter in the man cave today.
0:53
SPEAKER_02: From behind the big blue, bodacious microphone of Ag Bull, your pal Davis Michelson.
0:59
SPEAKER_02: Glad to be here with you this noon.
1:02
SPEAKER_02: It's uh the uh 15th of October, halfway through October.
1:06
SPEAKER_02: Well, almost halfway.
1:07
SPEAKER_02: I suppose it'll be halfway at midnight.
1:09
SPEAKER_02: So we're almost to halfway, folks.
1:11
SPEAKER_02: My uh my guest today comes from now.
1:14
SPEAKER_02: If you remember me from another life, another broadcasting world.
1:18
SPEAKER_02: And, you know, spoiler alert, I'm cooking some things up here, just a little bit.
1:22
SPEAKER_02: You'll remember this guest as a as one who loomed large in our legend there.
1:27
SPEAKER_02: I always enjoyed my conversations with Ted Hamer, Iowa farmer, on the uh the old show.
1:33
SPEAKER_02: I've got some other exciting guests that I I think you're gonna love coming up here.
1:39
SPEAKER_02: I'm starting to dig back and bring up some of the some of my favorite folks from that world.
1:44
SPEAKER_02: And if you know what I'm talking about, if you know, you know there's some some exciting things coming up here, and I'm more than pleased to bring them to you.
1:53
SPEAKER_02: Egg squawk in the afternoon, technically just three minutes after noon today.
1:59
SPEAKER_02: So the markets are not quite settled out yet.
2:02
SPEAKER_02: But today, I don't know how much we'll we'll really talk about the markets.
2:06
SPEAKER_02: We're I'm concerned mostly with finally getting some yield numbers, some actual data from on the ground, and I can't think of anyone better than Ted Hamer from Central Iowa.
2:19
SPEAKER_02: He's been out in the corn, he's doing his part to bring it in this year, and he's also got an exciting announcement.
2:26
SPEAKER_02: He's just been elected to something.
2:28
SPEAKER_02: I want to talk to him about that.
2:29
SPEAKER_02: Quite the big deal.
2:30
SPEAKER_02: I didn't didn't expect to be to be interviewing a a real ag dignitary today, but here we are.
2:38
SPEAKER_02: So uh it's it's gonna be it's gonna be a great show.
2:41
SPEAKER_02: Let me direct you to agbol.com right quick.
2:45
SPEAKER_02: For for all the premium content there, when I talk about uh where the markets are, we'll have the settlements for you.
2:51
SPEAKER_02: And that's one of the things that subscribers are privy to.
2:53
SPEAKER_02: You get an email at the end of the day talking about where the markets closed out, and so you can keep track of things there very easily, very conveniently on your preferred digital device.
3:05
SPEAKER_02: Agbol.com is where you can join the premium side.
3:09
SPEAKER_02: And we've still got uh still got some of those uh Bluetooth speakers.
3:12
SPEAKER_02: Tommy Grissafi was very excited about the Bluetooth speakers, and I am too.
3:16
SPEAKER_02: You should have an AM radio, you should have your FM radio to keep in touch with your local stuff and you know your favorite radio programs.
3:23
SPEAKER_02: I get it, I get it.
3:25
SPEAKER_02: But you should also have access to uh something that can make the uh the cell phone doohickey just a little bit louder, and we're we're happy to provide that for you if you uh sign up for a one-year subscription.
3:35
SPEAKER_02: $250 for one year or$25 per month.
3:40
SPEAKER_02: $250 plus that gives you two free months and that uh that free Bluetooth speaker, just a little gift from us.
3:46
SPEAKER_02: It's a little something, but it's got a magnet on the back, so you can hook it onto something, something metal, maybe the plate in your head, and you can walk around with it that way.
3:54
SPEAKER_02: Sounds uh sounds good.
3:55
SPEAKER_02: Agbol.com for more details.
3:57
SPEAKER_02: Let's get to the tail of the ticker.
4:00
SPEAKER_02: Not a whole lot of fireworks.
4:02
SPEAKER_02: You know, when I checked this earlier, it it looked a little bit different.
4:06
SPEAKER_02: And well, let's just start here.
4:07
SPEAKER_02: Corn, soy, bean, and wheat futures were under pressure to start the day.
4:11
SPEAKER_02: Although all three came off early session lows, livestock futures were higher nearly across the board, with deferred feeder cattle leading the stampede higher.
4:22
SPEAKER_02: And let's I'm just gonna update you where we are right now.
4:25
SPEAKER_02: Markets not closed.
4:26
SPEAKER_02: Once again, markets not closed or settled.
4:29
SPEAKER_02: It's noon central time, but currently December corn is down two and one-quarter cents at 4.78 and one half.
4:39
SPEAKER_02: The low of the day, 477.
4:41
SPEAKER_02: We've got all the way up to 482 and three-quarters, presently at noon at 478 and three-quarters.
4:47
SPEAKER_02: That's down two from unchanged.
4:49
SPEAKER_02: Your November soybean futures at 1264 and three-quarters.
4:53
SPEAKER_02: Oof, kind of bumping up against session lows here again.
4:57
SPEAKER_02: We had a little bit of a pop, but currently off 12 and 12 cents.
5:00
SPEAKER_02: I don't like the setup here.
5:01
SPEAKER_02: Yep, now 12.65, even kind of all over the place on the corn and soybeans, but presently trading lower.
5:08
SPEAKER_02: Soybean meal right now is under pressure.
5:11
SPEAKER_02: Soybean oil is higher.
5:13
SPEAKER_02: And over to the winter wheats, where we're uh largely mixed.
5:17
SPEAKER_02: December Chicago wheat at noon here, 672 and three quarters.
5:24
SPEAKER_02: That's uh that's off-session lows, but still down a half cent.
5:27
SPEAKER_02: Looking further out, the March is up three quarters, the May is up a cent, and the July contract up just a quarter of a cent.
5:35
SPEAKER_02: As I said, December Chicago wheat futures 673 now, down one quarter of one cent.
5:40
SPEAKER_02: The Kansas City at 714 and one quarter is down three quarters of one cent.
5:45
SPEAKER_02: So fractionally, fractionally fractional on the winter wheat contracts right now.
5:53
SPEAKER_02: Let's look over at the livestock.
5:54
SPEAKER_02: These are good.
5:55
SPEAKER_02: These are good.
5:55
SPEAKER_02: We're we're blue all the way across the screen or green, you as your screen may be.
6:00
SPEAKER_02: I've got November feeder futures presently at 340.92 and a half.
6:05
SPEAKER_02: That's up$2.47 and one half.
6:08
SPEAKER_02: December fat cattle up a buck 95,$227.07 and one half.
6:13
SPEAKER_02: That's well off session lows for uh for both of those, actually.
6:17
SPEAKER_02: And now over to the lean hog futures up 45 cents in the February at 68.30.
6:22
SPEAKER_02: December lean hogs up 40 cents, 66.47 and one half.
6:27
SPEAKER_02: Looks like the livestock are having a pretty good day.
6:29
SPEAKER_02: Hopefully they can hold on for uh just another less than than another hour and end the day in positive territory for us.
6:38
SPEAKER_02: With with that, let me thank our sponsor, plus 500.
6:42
SPEAKER_02: My team and I use plus 500 T4 software every single day.
6:46
SPEAKER_02: I was just using it, just using it.
6:48
SPEAKER_02: Plus 500 T4 Software Trust Plus 500.
6:52
SPEAKER_02: And with that, let me bring in uh good friend of the show.
7:04
SPEAKER_02: He was on the first week of this of the show.
7:07
SPEAKER_02: He's you know, he's he's a risk taker, is what he is.
7:10
SPEAKER_02: He flies close to the sun.
7:12
SPEAKER_02: Ted Hamer, Central Iowa farmer.
7:15
SPEAKER_02: So glad to have you back on here, buddy.
7:16
SPEAKER_02: Glad we could make some time and and find a way to get you on on the program here because I really value your perspective and I value your friendship, my brother.
7:24
SPEAKER_02: You've been with me through uh thick and thin, and I sure do appreciate you.
7:26
SPEAKER_02: How are you doing, Ted Hamer?
7:28
SPEAKER_00: I'm doing well.
7:29
SPEAKER_00: I don't have a big blue bodacious microphone, but how about the wall?
7:34
SPEAKER_00: That's blue.
7:35
SPEAKER_00: That is blue, and it is big.
7:37
SPEAKER_00: It's big.
7:38
SPEAKER_00: The other thing I was gonna say is this better be good because I shaved my face for this.
7:43
SPEAKER_02: You know, I feel bad.
7:44
SPEAKER_02: I feel bad.
7:45
SPEAKER_02: You maybe the the camera can pick up a little bit too much detail.
7:48
SPEAKER_02: I was gonna shave just at least around the you know, around the shaggy spots and just tighten up just a little bit.
7:54
SPEAKER_02: And I thought, no, I don't have time for that.
7:55
SPEAKER_02: I don't know.
7:56
SPEAKER_00: And it's and it's just Ted anyway.
8:00
SPEAKER_02: That thought never crossed my mind because just Ted has taken a level up, actually.
8:04
SPEAKER_02: We'll we'll we'll get into that there.
8:07
SPEAKER_02: But you know, I had I'd been promoting this, and you and I even had it all set up, and I understand you ran some practice runs and everything.
8:14
SPEAKER_02: We were gonna go full-on combine confessions.
8:17
SPEAKER_02: It was gonna be let's go to Ted Hamer live in the combine cab today.
8:22
SPEAKER_02: It wasn't to be, was it?
8:24
SPEAKER_02: The uh the atmosphere intervened.
8:26
SPEAKER_00: It did, and I wish it hadn't, but that's actually we've had a pretty good run ever since the end of September there.
8:32
SPEAKER_00: I think we had like an inch and a half of rain in uh the first day of October, and we had 10 10 pretty good days of running there, and then now this one is gonna slow us down.
8:42
SPEAKER_00: Trying to finish up beans, that isn't gonna happen for a few days now, and we do a lot of seed beans, so the desire to switch the combine back, one of the combines back to corn isn't really fond thought, and then have to clean it again to go back to seed beans.
8:58
SPEAKER_00: So we'll probably hang there unless it gets worse from this point on.
9:03
SPEAKER_02: Did you did you get to start when you had hoped, or did you find that you wanted to start, but then it was too soggy and just just couldn't do her?
9:11
SPEAKER_02: What did the start look like?
9:13
SPEAKER_00: Yeah, I would say we were trying to figure out the last time we didn't get anything harvested in September.
9:19
SPEAKER_00: So we never turned a wheel in September at all.
9:21
SPEAKER_00: So now they did get some of our seed corn harvested in September, but as far yeah, so we didn't start till the third or fourth of October before we got rolling.
9:31
SPEAKER_00: We took about 80 acres of corn out and then switched to beans.
9:35
SPEAKER_02: How many acres does the uh does the hamer spread comprise roughly?
9:39
SPEAKER_00: Well, we'll we're we're farming about 4,000 acres.
9:45
SPEAKER_00: Some of that is custom farming.
9:46
SPEAKER_02: Okay, so just a small operation then.
9:49
SPEAKER_00: Yep.
9:51
SPEAKER_02: I don't believe that for a second.
9:53
SPEAKER_02: Well, good, good.
9:54
SPEAKER_02: It's it's good to get the well, I want to dig back into what you've seen because you Caleb's got you out there driving combine and whatnot, I suppose.
10:03
SPEAKER_00: Yeah, yeah.
10:04
SPEAKER_00: Caleb and Scott both, you know, dictate what happens to me.
10:08
SPEAKER_00: Well, not totally true, but like I said, they each have 40%, and I'm just 20% now, so they're doing a great job of leading this organization now, and I can't couldn't be happier about it.
10:20
SPEAKER_00: But uh we found that uh me and the combine is a lot better on my body than getting in and out of a semi and things like that.
10:29
SPEAKER_00: So for the time being, I'm still in the combine.
10:32
SPEAKER_02: Yeah, yeah.
10:32
SPEAKER_02: Sounds like you sounds like you're in the right spot there.
10:35
SPEAKER_02: Yeah.
10:35
SPEAKER_02: Let's move on to this.
10:37
SPEAKER_02: I I mentioned a little bit tongue-in-cheek, but this is this is impressive.
10:40
SPEAKER_02: I'm proud of you, brother.
10:41
SPEAKER_02: I'm happy for you.
10:42
SPEAKER_02: Uh, just elected director for the for district three, if I've got this right, of the Iowa Corn Growers Association board.
10:51
SPEAKER_02: Congratulations.
10:52
SPEAKER_02: Is that right?
10:53
SPEAKER_02: Did I get it right?
10:54
SPEAKER_00: Yeah, you did.
10:55
SPEAKER_00: You did.
10:55
SPEAKER_00: So yeah, they had asked me, I was asked to put my name in to run.
11:00
SPEAKER_00: So district three, I'm sitting in the I sit in the very southwest corner of Blackhawk County, and Blackhawk County happens to be the very southwest corner of the Northeast District, which is District 3 for Iowa Corn.
11:14
SPEAKER_00: I went down in August for orientation, and that allowed me to sit in on the last uh board meeting for the current directors and get me up to speed.
11:28
SPEAKER_00: I obviously didn't have any vote at that time, but uh having been elected, I took over September 1st.
11:34
SPEAKER_00: So it it's gotten me a little up to speed of what's going on down there.
11:38
SPEAKER_00: Very, very impressed.
11:39
SPEAKER_00: Yeah, I was greeted warmly, I felt respected instantly, and I couldn't be happier to be there right now, and totally amazed at what all goes on.
11:53
SPEAKER_02: I I guess I gotta know you were elected.
11:55
SPEAKER_02: I wondered if you if you ran a clean campaign or if there were, you know, farmer Brown is being paid by the cutworm lobby.
12:03
SPEAKER_02: Ted Hamer for Brighter Corn Futures.
12:06
SPEAKER_02: Was there anything like that going on during the campaign?
12:09
SPEAKER_00: There was quite a bit of that, actually.
12:11
SPEAKER_00: Um, you hate to see that, you know, you just hate to see that.
12:15
SPEAKER_00: But you know, what does politics become?
12:19
SPEAKER_02: Yeah, I about can't turn on the TV right now.
12:22
SPEAKER_00: I don't want to veer off you can turn on the radio.
12:25
SPEAKER_02: Yeah, yeah.
12:26
SPEAKER_02: It's crazy stuff.
12:27
SPEAKER_02: It's crazy stuff.
12:28
SPEAKER_02: But well, well, good.
12:30
SPEAKER_02: So how much of this time does how much of your time does this does this consume?
12:34
SPEAKER_02: There must be, are there regular meetings?
12:36
SPEAKER_02: What what sorts of things do you expect to do?
12:40
SPEAKER_00: What's it look like?
12:40
SPEAKER_00: So it's kind of interesting.
12:42
SPEAKER_00: The one theme that was we all went around the room and introduced ourselves and things like that.
12:47
SPEAKER_00: And the funniest response I got was, did they tell you this would be about eight or nine days a year?
12:53
SPEAKER_00: Ha ha ha.
12:54
SPEAKER_00: I thought, yeah, and after after you've been there a little bit, you're going, okay, there's gonna be way more involved than that.
13:00
SPEAKER_00: So and just just give you a little background.
13:03
SPEAKER_00: So there is a promotion board at Iowa Corn, and there's there's directors there, and then there's the association side.
13:12
SPEAKER_00: So the association side, which I am on, is allowed to lobby on behalf of Iowa Corn at the Iowa legislature and at the Congress of the United States.
13:24
SPEAKER_00: The promotion board is not allowed to lobby because they're they are elected by anybody that grows corn in Iowa and contributes to the Iowa corn checkoff.
13:36
SPEAKER_00: So being that that is not an association, they are not allowed to lobby on behalf of Iowa Corn.
13:43
SPEAKER_00: They are there more to promote Iowa corn than lobby.
13:48
SPEAKER_02: Okay, very good, very good.
13:50
SPEAKER_02: I imagine you can probably meet uh meet over Zoom or something like that.
13:54
SPEAKER_02: Are you going to be back and forth to the Capitol, pounding the pavement?
13:57
SPEAKER_00: Yeah, it sounds like that.
13:58
SPEAKER_00: And we did have a Zoom meeting the other day, real quick one uh that needed to be um had, and so we had that real quickly and then kind of shared all the woes of at that time it was still raining like crazy, and everybody was dreading getting out there and getting stuck.
14:13
SPEAKER_00: And yeah, yeah.
14:14
SPEAKER_00: So commiserating together was actually kind of helpful, but didn't necessarily lift my spirits.
14:21
SPEAKER_00: This knew that everybody else was struggling with it too.
14:24
SPEAKER_02: Well, you know, this way you don't feel quite so isolated.
14:26
SPEAKER_02: We talk about, you know, meant mental health on the farm.
14:29
SPEAKER_02: Hey man, go talk to your neighbor, you know, just find out everybody's in the same boat.
14:33
SPEAKER_02: It it might help, might help just a little bit.
14:36
SPEAKER_02: I I don't want to get into succession just right now, but you you put together a plan.
14:43
SPEAKER_02: You you mentioned Caleb and Scott, but by means of getting to what you're seeing out in the field, I just want our viewers to to know and understand your post.
14:53
SPEAKER_02: I and I guess you're freed up to uh to serve the the corn growers, you know, at large because you're sort of I'm gonna say transitioning or have transitioned to what I would maybe call more of a supervisory role on the hamer spread.
15:10
SPEAKER_02: Is that how you would characterize it?
15:12
SPEAKER_00: I don't know how the Scott and Caleb would put it, but I would and just I just wanted real quick.
15:18
SPEAKER_00: Scott's not Scott is not my son.
15:20
SPEAKER_00: Caleb is my son.
15:21
SPEAKER_00: Scott is our business partner, Scott Bank and he grew up just three miles from here.
15:26
SPEAKER_00: We're farming a lot of the Bank and Ground as well as Hamer Ground, and uh it's B and H Ag Services, Inc.
15:33
SPEAKER_00: That's our name, Bacon and Hamer.
15:35
SPEAKER_00: But uh yeah, we we really started the transition in 2017 or excuse me, 2019.
15:43
SPEAKER_00: They they took over, and I uh and I consciously am trying to pull back more and more, uh inflecting my viewpoint and things like that.
15:53
SPEAKER_00: Uh and I don't know if what my official title is, ex officio something or other, but uh I would go with Grant Puba if it was me, Grant Puba of the farm.
16:05
SPEAKER_00: Yeah, yeah, that that could be it.
16:07
SPEAKER_00: That could be it.
16:08
SPEAKER_02: But well, from your uh from your view in the combine cap, let's let's talk turkey here.
16:16
SPEAKER_02: Let's not drag this out any further.
16:18
SPEAKER_02: I'm just curious yield-wise conditions.
16:23
SPEAKER_02: Uh it feels like now when you and I talked at the front end of the growing season, you were talking about really tall corn.
16:30
SPEAKER_02: I think you were pretty enthusiastic about it.
16:32
SPEAKER_02: You liked your chances for a for a great crop this year.
16:36
SPEAKER_02: I haven't been following the weather in your specific area all that closely, although I think it's been pretty okay this year compared to a lot of folks.
16:46
SPEAKER_02: Just just talk to me, you know what?
16:48
SPEAKER_02: Give me the story of the crop throughout the summertime, and then bring us up and we'll we'll get a straight up harvest report after that.
16:56
SPEAKER_00: Well, all three, I would say uh May was below normal rainfall.
17:01
SPEAKER_00: I think we had we would normally have four or four and a half inches.
17:04
SPEAKER_00: I think I remember like 1.9.
17:07
SPEAKER_00: So crop went in the ground in pretty good shape.
17:11
SPEAKER_00: Then June, July, and August.
17:13
SPEAKER_00: I'm I think June was 150% of normal, July was 200% of normal, August was like 150, and now September was over 200%.
17:27
SPEAKER_00: But the interesting thing that's happened right here, we never had any of that be enough that it really caused much flooding here at all.
17:37
SPEAKER_00: It seemed like we would get an inch of rain, and then there'd be a 24-hour.
17:42
SPEAKER_00: I don't ever remember having over an inch and a quarter of rain in any 24-hour period.
17:47
SPEAKER_00: So it was like it had time to seep away, time for the creeks and the rivers to catch up, and then we would get more rain.
17:53
SPEAKER_00: So it's been absolutely astounding from that way.
17:56
SPEAKER_00: Now I will, and this probably hit your dad up there, Davis, but that last one, September 30th, October 1st.
18:05
SPEAKER_00: I had an inch and a half of rain here, but Grundy Center had four and a quarter, and I think Dyke had three and a half.
18:11
SPEAKER_00: Dyke didn't even have school October 1st because of flooding in downtown Dyke.
18:15
SPEAKER_00: So there's a tremendous cutoff on that line, and we feel real fortunate that we didn't get that because that did cause some flooding of the Black Hawk and things like that.
18:26
SPEAKER_02: Yeah, yeah.
18:27
SPEAKER_02: I think I saw on Facebook one of my friends from from Dyke mentioning that the city council is bringing in engineers to look at the whole west end of town.
18:34
SPEAKER_02: I used to live over there in that west end.
18:36
SPEAKER_02: I saw some flooded pictures of of my old backyard and the the neighboring houses.
18:43
SPEAKER_02: Did you uh so how much of your ground is tiled out there at at B and H?
18:48
SPEAKER_00: Everything that pretty much everything that the Binkins and the Hamers own are all pattern tiled.
18:54
SPEAKER_00: And so those are the fields we've been on first.
18:57
SPEAKER_00: And that you can tell that's definitely paid off.
18:59
SPEAKER_02: Yeah, yeah, for sure.
19:01
SPEAKER_02: So at at some point you decided it was time to go wheels up and to get out there and roll.
19:07
SPEAKER_02: What do the numbers look like on the uh on the yield monitor?
19:10
SPEAKER_00: I would say that uh bean-wise, it's pr it's pretty decent.
19:14
SPEAKER_00: I think we're running about 15% over APH.
19:18
SPEAKER_00: The corn we've taken out so far is probably about 10% over.
19:23
SPEAKER_00: It so this morning I had a group chat with uh our farming peer group, and I can thoroughly trust those guys and what they're telling me.
19:35
SPEAKER_00: Uh the general comment on corn that they've taken out so far is just slightly disappointing, not terribly disappointing, but I would say maybe looking more at APHs when they thought they were looking at something in and it's early on, nobody's got very much corn out.
19:52
SPEAKER_00: That probably could all change, but I would say for the most part, this area I would say would be pretty decent.
19:59
SPEAKER_00: Uh what we saw early on on our corn.
20:01
SPEAKER_00: I I kind of thought maybe it would have been our weakest hybrid, and it was 10% over our APH.
20:07
SPEAKER_00: So let's hope that continues.
20:09
SPEAKER_00: But I'm not no wait till you get the combine there.
20:12
SPEAKER_02: Yeah, for sure.
20:13
SPEAKER_02: Well, and there were there were those on this most recent USDA report who were saying, but yeah, we had all these, we had the numbers from the crop tour, and we had you know this expectation that maybe yields were going to be under pressure, and now suddenly, you know, USDA comes out with this pop in yields that kind of went contrary to what the trade was expecting.
20:35
SPEAKER_02: And I was I was talking to Wiesmeier about it, and he was like, Well, look, you know, it conditions hit just right.
20:41
SPEAKER_02: Number one, genetics.
20:42
SPEAKER_02: You mentioned you mentioned the the hybrids, and number two, it it just seems like somehow the corn, especially, was able to recover and finish strong and able to put on put on weight.
20:53
SPEAKER_02: What is what are the kernel sizes look like to you?
20:56
SPEAKER_02: The you know, the ear length and all that sort of stuff.
20:59
SPEAKER_02: It it seems like everything came out pretty good, despite some some potential problems.
21:04
SPEAKER_00: Yeah, we were concerned early on.
21:07
SPEAKER_00: Our populations after planting were not what we were expecting to see.
21:11
SPEAKER_00: We had a little bit uh trouble with the I wouldn't, I don't know, emergence.
21:15
SPEAKER_00: Yeah, probably some emergence.
21:17
SPEAKER_00: We actually did cut our population back on corn, and maybe that didn't look like a great decision, but I think we're gonna be okay.
21:25
SPEAKER_00: I think that uh these hybrids that we're planting right now have a more of the ability to flex than in the years past that we had been using.
21:35
SPEAKER_00: But I think we're gonna be okay in a couple of our bean fields that we were very, very concerned about, even considered replanting, have been tremendous.
21:47
SPEAKER_00: And it's like we were final stands of 80,000, and that one I'll just tell you that one particular field did 75 bushel the acre.
21:58
SPEAKER_00: And and it was like never would have believed it based on what we saw early on in the spring.
22:05
SPEAKER_02: Well, some of that's good dirt though, too.
22:07
SPEAKER_02: I mean, that's Blackhawk County.
22:08
SPEAKER_02: You know.
22:10
SPEAKER_00: This one that one was was actually in Tima just across the line.
22:13
SPEAKER_02: Oh, okay.
22:14
SPEAKER_02: Well, I guess I I have no explanation that if it's uh it was in Tampa County.
22:20
SPEAKER_02: Were there I talked to a guy from Cross Creek Ag I'm I'm sorry, Cross Creek Ag his name slips me, but I believe it was in September, and even then he was talking about it's been so wet that he he went out and did maybe it was late August, but he was doing some very late, very late season applications of some fungicide and some other things to to try and nurse the crop into the finish there to the point where you know he said some of the neighbors thought, What are you doing?
22:50
SPEAKER_02: What are you doing?
22:50
SPEAKER_02: It's a little late for this.
22:52
SPEAKER_02: Did you did you fellas or did did Caleb and Scott come up with any wild kakamami schemes late season to try and and give the crop a late season boost or anything?
23:03
SPEAKER_00: No, we did not.
23:04
SPEAKER_00: I I think we felt we were in pretty good shape.
23:06
SPEAKER_00: The other thing is, is boy, you started looking at the numbers at that, and at that time, that was really before we had taken that quick little run up over five bucks, and it looked like we had spent enough on the crop already at that point.
23:20
SPEAKER_00: And you know, it's gotta, you know, you if you're looking at 15 bucks for an application or something like that, man, it it better pay off if you're gonna do that.
23:30
SPEAKER_02: Yeah, yeah, for sure.
23:33
SPEAKER_02: Okay, in your in your new supervisory role there, I don't know if you're keeping an eye on the cash market or not locally.
23:39
SPEAKER_02: Let's just talk backyard.
23:41
SPEAKER_02: How's how's basis treating you there?
23:43
SPEAKER_02: You got any idea?
23:45
SPEAKER_00: You know, basis-wise, it we were doing really obviously when nobody could combine beans, the bean market basis was going insane because they were scrambling like crazy to find beans.
23:55
SPEAKER_00: Now, uh, if you get to the shell rock um soybean processing plant, oh, two hours before they open, you'll be the uh 56 semi-inline.
24:08
SPEAKER_00: Uh so it they so that's the and now the basis on soybeans has fallen out of bed, yeah.
24:14
SPEAKER_00: So and to be honest with you, that's more yeah, and that's more of Caleb's watching, and I'm not doing a lot of that, but uh sure as soon as we're in corn, I'll pay attention again.
24:23
SPEAKER_00: But I don't think we've got anything that we have to deliver, or if we do have deliveries, I know that we've already got the basis set on those.
24:32
SPEAKER_02: Okay, okay, that sounds like a good play.
24:34
SPEAKER_02: Are you are you delivering all the way up to Shell Rock?
24:36
SPEAKER_00: You you is yeah, you think on that trip up there?
24:40
SPEAKER_00: Uh actually, no, uh Kyle, that uh actually I need to mention Kyle Mesh too.
24:44
SPEAKER_00: Kyle works with us and he now owns one percent of B and H ag and working his way in and hoping at some point that he'll decide that uh it'd be a good idea to start buying Ted out.
24:56
SPEAKER_00: I've talked to him about that.
24:58
SPEAKER_00: Maybe he can start buying a percent at a time.
25:00
SPEAKER_00: Sounds expensive, but he's been sounds expensive, Ted.
25:03
SPEAKER_00: It is.
25:04
SPEAKER_00: And you know, there's there's no discount.
25:06
SPEAKER_00: There's no discount.
25:10
SPEAKER_00: But he's I've been the hall loads.
25:13
SPEAKER_00: Yeah, yeah.
25:13
SPEAKER_00: I've I've I've been up there twice this, you know, early morning before the beans are ready to go.
25:18
SPEAKER_00: I've gone up there with a couple loads.
25:20
SPEAKER_02: What time of the morning do you gotta leave to get up there?
25:27
SPEAKER_00: Five?
25:28
SPEAKER_00: Ooh.
25:29
SPEAKER_02: Yeah, for me, I'd need to get up at four then and get the old get the old motor running, get the coffee going, you know, check my phone, make sure nothing happened, and you know, then I'd be ready to go.
25:39
SPEAKER_02: Yeah fair bit later.
25:40
SPEAKER_01: Huh.
25:41
SPEAKER_02: Yeah.
25:42
SPEAKER_02: Very good.
25:42
SPEAKER_02: Very good.
25:43
SPEAKER_02: Let's let's keep talking about some of those those decisions because if you're driving clear to Shell Rock, if you're driving anywhere, if you're driving two miles, diesel ain't cheap, Ted.
25:54
SPEAKER_02: And I I just wonder if there if you've noticed anything, anything that's being done differently this year.
26:03
SPEAKER_02: Has there been a moratorium on extra trips?
26:07
SPEAKER_02: What's how are you dealing with the high diesel prices over there?
26:11
SPEAKER_00: You know, it's just hard because it you gotta do what you gotta do, and you know, if you don't have room for this crap, you gotta haul it.
26:17
SPEAKER_00: It's not a mat, you know, maybe if you'd have seen it coming, you could have built a bin, but you know, anymore.
26:24
SPEAKER_00: If you don't make a decision a year out, you're not gonna get a bit bin built.
26:28
SPEAKER_00: I mean, if you don't decide right now, you're probably not gonna get a bin built for next year if you haven't made that decision.
26:34
SPEAKER_00: It's it seems ever since COVID hit, it just seems like there nothing happens fast anymore.
26:42
SPEAKER_00: But that said, you know, I know Iowa corn was pushing and was behind some of the relief that's coming from allowing us to use red diesel, which does not have the highway tax.
26:55
SPEAKER_00: We're allowed to put that in the semis now uh for anything agriculture, and that does include livestock hauling.
27:01
SPEAKER_00: And and that relieves a little bit, but you know, it it it isn't a I did the I did the savings just if we would haul it back here to our farm and all that the hauling we'll be doing during harvest.
27:15
SPEAKER_00: It's gonna save us about a thousand bucks, but it does it is a little bit of a savings.
27:19
SPEAKER_00: Now that doesn't include delivering it to the end processor.
27:24
SPEAKER_00: I didn't put that into the equation, but yeah, yeah, but I did talk to our fuel, our fuel delivery guy, he was here yesterday, and I said, okay, with this red fuel now being able to run the semis, I'll bet your workloads tripled.
27:39
SPEAKER_00: He said, It's insane.
27:41
SPEAKER_00: It because I mean we're filling up our semis right here where we fill up the tractors, where normally we'd be doing it at the filling station.
27:49
SPEAKER_02: Yeah, yeah.
27:51
SPEAKER_02: And how about fertilizer?
27:53
SPEAKER_02: There's there hasn't really been, I guess I don't know, there's been a little bit of a break in anhydrous, uh nitrogen, I guess, in general, but you know, a lot of times if we're talking post-arvice applications, we're talking about P and K.
28:06
SPEAKER_02: You know, potash has been pretty gentle, phosphate has not.
28:10
SPEAKER_02: Have you been privy to any of those fertilizer purchasing conversations?
28:14
SPEAKER_00: Yeah, we have, and you know, you were mentioning earlier that you know what's what what do you are you doing anything differently differently this year?
28:22
SPEAKER_00: And we are.
28:23
SPEAKER_00: We we're trying to get as much natural manure fertilizer as we can.
28:31
SPEAKER_00: In fact, right now, much to the chagrin of my wife, half mile north of here, there is a pile of 600 tons of chicken litter right now that's gonna go on the the fields this fall.
28:43
SPEAKER_00: And that's just one location where we're dumping we're most of our corn ground, we're gonna try to put about two tons of chicken manure on per acre.
28:52
SPEAKER_00: We also have access to pelleted hog manure that we are gonna be using.
28:59
SPEAKER_00: While these things aren't necessarily insanely cheaper, they definitely are cheaper.
29:05
SPEAKER_00: And I would say could I say maybe better for our environment too, if we're not using all the synthetics.
29:13
SPEAKER_00: Yeah.
29:13
SPEAKER_00: But uh we're doing everything we can to try to lessen the monetary aspect of our operation.
29:25
SPEAKER_02: I don't know the nutrient breakdown of something like chicken manure or or pelleted hog manure, and maybe I don't know if you if you know either, but I feel like it's got to be a much broader spectrum.
29:38
SPEAKER_02: So now we're not going out and putting down phosphate and putting down potash, and now we're gonna we're gonna put down some anhydras, then we're gonna side dress a little bit of UAN, you know, however that that goes, it it feels like you kind of get out there, you run the spreader one time, you get a little bit of everything.
29:54
SPEAKER_02: Is that am I thinking about it?
29:56
SPEAKER_00: I was just I was just gonna see if I could find that analysis quick for you, but the a ton of chicken manure, it it was kind of impressive.
30:06
SPEAKER_00: I mean, it okay.
30:08
SPEAKER_00: The analysis in a ton of chicken litter that obviously coming out of this operation that we're getting it out of, uh it's 64 pounds of nitrogen, 46 pounds of phosphorus, and 32 pounds of potassium.
30:23
SPEAKER_01: Okay.
30:24
SPEAKER_00: So that you know, and if it's pretty good, yeah, yeah.
30:28
SPEAKER_00: So we're I was very, very impressed with that.
30:33
SPEAKER_01: Yeah, yeah.
30:33
SPEAKER_00: Well, I don't remember exactly what the hog pellets were, but they were fairly similar.
30:39
SPEAKER_02: Let me ask you this.
30:40
SPEAKER_02: I'm an Iowa boy, I've I've spent some time under the under the breeze when a honeywagon's involved.
30:47
SPEAKER_02: Is it the same deal with the pellets?
30:49
SPEAKER_00: Well, uh the pellets, no.
30:50
SPEAKER_00: It it's amazing.
30:51
SPEAKER_00: The pellet the pelleted hog manure has very limited odor to it.
30:57
SPEAKER_00: It was kind of impressive that uh you did not really smell it.
31:01
SPEAKER_00: Now, if you got right out there in the field, yeah, you could smell it, but nothing like the umbilical cords or the tank wagons injecting it.
31:11
SPEAKER_00: So my wife said, Hey, I can smell that chicken litter.
31:14
SPEAKER_00: I said, No, the wind's out of the northwest.
31:16
SPEAKER_00: That's hog manure.
31:17
SPEAKER_00: I just put it, they just they just put hog manure on, and not only that, they were using a uh slurry tank in the field and putting their hose into it, and so open top, and it was just oh it was yeah, you could smell it that's that's then the next morning the wind was straight out of the north, and I said, Okay, that's chicken litter.
31:36
SPEAKER_00: That's definitely chicken litter.
31:38
SPEAKER_02: Well, was there a time because I don't know, I I can remember as a kid, we'd always spread manure, you know.
31:47
SPEAKER_02: We had we had animals on the farm and we'd we'd spread manure out there just to get rid of it.
31:51
SPEAKER_02: Was there a was there a time, a little window in there when a guy could get just roll up to the the chicken farm and and drive away with free chicken manure just just for the sake of getting rid of it?
32:03
SPEAKER_02: And and the the poultry guy thought you were doing him a favor?
32:06
SPEAKER_00: Yeah, yeah, there was.
32:07
SPEAKER_00: I mean, I still got a neighbor down there in the Cluteer area that he'll go down to this chicken farm and he he takes what five five gallon pails with him and gets them filled up and throws them in the back of his pickup for his garden.
32:21
SPEAKER_02: Okay, yeah, okay, yeah, yeah, very good, very good.
32:25
SPEAKER_02: Well, it's it sounds like you you you put together a really good strategy for handing over the the operation to the next generation.
32:37
SPEAKER_02: Let's just call it that, because it's not just Caleb, like you said.
32:40
SPEAKER_02: Was that difficult for you?
32:43
SPEAKER_00: Well, Davis, I think you remember during that time 2017, I had been diagnosed with the stage four melanoma.
32:52
SPEAKER_00: Initially it sounded pretty dire, and then once I met with my oncologist, he really gave me some hope.
32:58
SPEAKER_00: And you know, we're nine years past that now, and I'm still here and been cancer free for about six years.
33:05
SPEAKER_00: So praise God, you know.
33:06
SPEAKER_00: Amen.
33:08
SPEAKER_00: And but that said, I just realized that you know, whether I what was I 56 at the time I was diagnosed, just thinking about that, it's like you know, your life will not go on forever.
33:22
SPEAKER_00: And so at some point, you know, what you need to transition.
33:25
SPEAKER_00: Now, Scott and Caleb were working for another operation and mine, and wherever they were needed that day, they would go.
33:33
SPEAKER_00: And I finally came to the conclusion that if I didn't get these guys involved, I was probably gonna lose them.
33:40
SPEAKER_00: And so it just made natural sense.
33:42
SPEAKER_00: And I we sat down and we actually worked with a farm strategist, Steve Bohr.
33:48
SPEAKER_00: I I I want to mention Steve because I think he's fantastic.
33:52
SPEAKER_00: Farm financial strategies out of well, his office is in Lisbon's Steve actually lives in Washington, Iowa, but uh he does a phenomenal job of working through transitions with farm families, and he's a highly sought-aft speaker for farm events, farm meetings, too, as well.
34:13
SPEAKER_00: And he just has a passion for it, and he can he can uh understand what everybody seemingly wants out of the operation and can get can gear a transition plan with that in mind.
34:27
SPEAKER_02: My my guest yesterday uh is uh is a an ag banker in Sioux Falls, South Dakota, and he said quite openly, he said it a couple of times while I was talking to him.
34:40
SPEAKER_02: You know, there there were times when when my dad on the farm, you know, he grew up farming and ranching, said, you know, son, maybe maybe life on the farm just isn't for you.
34:51
SPEAKER_02: Maybe you need to go find something else to do.
34:53
SPEAKER_02: I wonder, did did did Caleb take any convincing?
34:57
SPEAKER_02: Was there a period of time when he thought, you know what, I'm gonna move to St.
35:01
SPEAKER_02: Louis and be a baseball player, I'm gonna move to New York City and be a bonds trader or something.
35:05
SPEAKER_02: I'm getting the heck off the farm, and that's gonna be the end of that.
35:09
SPEAKER_02: I've had it.
35:09
SPEAKER_02: Did you did you have to convince him?
35:12
SPEAKER_00: Well, I so in the this gets a little personal.
35:16
SPEAKER_00: You don't have to answer that if you don't want to.
35:18
SPEAKER_00: I'm more than happy to answer it.
35:19
SPEAKER_00: I I think I think Scott, Scott definitely was a shoe-in to come back.
35:23
SPEAKER_00: He grew up three miles from here here on the farm.
35:26
SPEAKER_00: He was a shoe-in to come back, there was no doubt about that.
35:30
SPEAKER_00: But for for Caleb, he had gone and he was actually working for Terracon, the in soil engineers, mainly doing cord drillings and uh testing concrete and things like that.
35:47
SPEAKER_00: And my former business partner and I, when we were at our operations together, were looking, and we had already hired Scott, we were looking to add in another individual.
35:58
SPEAKER_00: And I said, Caleb, do you because I really didn't know, I really didn't know if he wanted to farm or not.
36:04
SPEAKER_00: And I said, Hey, we've got an opening.
36:06
SPEAKER_00: Would you consider coming back?
36:08
SPEAKER_00: He goes, Why wouldn't I?
36:10
SPEAKER_00: And I thought, Oh, okay, well, I I really never knew, so yeah, but it's been good and it's great.
36:15
SPEAKER_00: And right now, unfortunately, my oldest grandson, who would love to be playing football right now, broke the tip of his elbow off that holds the tricep to his elbow in a football game.
36:28
SPEAKER_00: That hurts.
36:30
SPEAKER_00: But the beauty of that is, and everything there's a silver lining, at least for this grandpa, is he comes out after school now and runs a green cart, which is awesome, and he's doing an excellent job of it.
36:41
SPEAKER_00: So little blessing in the midst of tragedy there.
36:45
SPEAKER_00: Yeah, but yeah, so it's kind of fun.
36:47
SPEAKER_00: I mean, it it's awesome to have my my family so close.
36:52
SPEAKER_02: Yeah, yeah.
36:53
SPEAKER_02: Well, you've got uh you've got a lot to be proud of, and it sounds like you set it up correctly and went about it gently because that transition can be can be tricky for a whole host of reasons, and you you've set yourself up so set yourself up well there, and uh it uh it definitely shows.
37:10
SPEAKER_02: We're gonna move on here pretty quickly, but I just want to make sure that that you get everything said that you want to say.
37:18
SPEAKER_02: Did we cover everything on Harvest?
37:19
SPEAKER_02: Is there a detail that I missed?
37:21
SPEAKER_02: Is there a word of wisdom?
37:23
SPEAKER_02: Perhaps, you know, you got a you got a joke for us.
37:26
SPEAKER_02: I don't know, whatever you want.
37:27
SPEAKER_02: The the floor is open.
37:28
SPEAKER_02: Ted Hamer.
37:30
SPEAKER_00: Well, I did tell I did get on the CV yesterday and tell the guys that I was uh suffering from TBS.
37:37
SPEAKER_00: And TBS butt, of course, tired butt syndrome, and uh it uh it was it was hitting in especially hard yesterday.
37:49
SPEAKER_00: I do realize that age is definitely catching up with me.
37:54
SPEAKER_00: We do a lot of seed beans, so cleaning the combine, and I feel if I'm running it, it should be me cleaning it.
38:00
SPEAKER_00: Yeah, but I had we were having trouble with our the rotor on my combine was jumping out of gear.
38:08
SPEAKER_00: Uh when I would if I had a slug, and then I'd have to come back to the shop, dig out the slug so I could re-engage it and put it back.
38:17
SPEAKER_00: Well, they came out and they tightened the detent on it, and now it's not falling out.
38:22
SPEAKER_00: But that same day, after I'd cleaned the combine out that way, we had to clean up at the end of the day before we could leave the field.
38:28
SPEAKER_00: We were doing stewarded be uh seed beans, which hasn't been approved by Europe yet.
38:32
SPEAKER_00: And so we couldn't risk contaminating another field with beans.
38:39
SPEAKER_00: I was dead pooped at the end of the day.
38:43
SPEAKER_00: Yeah, I my wife I woke my wife up twice in the middle of the night screaming with muscle cramps.
38:49
SPEAKER_00: Uh she'd fly to the refrigerator and get the pickle juice, and oh I that was that was enough.
38:58
SPEAKER_00: Amazingly, I woke up yesterday morning and it felt fantastic.
39:02
SPEAKER_01: So good, good.
39:04
SPEAKER_02: Are you you you a snowbird?
39:06
SPEAKER_02: You're gonna you're gonna go someplace warm this winter when it's all said and done?
39:09
SPEAKER_00: We usually well, we didn't think we were going to because our grandson wrestles, but now with that elbow, he's not allowed to do contact sports for six months, unfortunately.
39:20
SPEAKER_00: So he's gonna use his rest, gonna lose his wrestling season, and shoot.
39:25
SPEAKER_00: The one thing we are gonna have to do is work around my new position, obviously, with Iowa Corn and their schedule, but uh usually we go down to Florida for about three weeks, but the timing of that hasn't hit yet.
39:40
SPEAKER_02: Yeah, that sounds nice.
39:41
SPEAKER_02: That sounds nice.
39:42
SPEAKER_02: Well, I I do hope you get a chance to uh to get away and escape the uh the coming Super El Nino.
39:48
SPEAKER_02: I don't know what it's gonna bring.
39:49
SPEAKER_02: I'm not sure anybody does at this point here, but is that the same thing as super intelligence?
39:55
SPEAKER_00: I don't think so.
39:56
SPEAKER_00: I don't think so.
39:56
SPEAKER_02: No, are we gonna rename it?
39:59
SPEAKER_02: You know, they both may kill us all, so maybe similar deal.
40:03
SPEAKER_02: They may be cousins, kissing cousins.
40:06
SPEAKER_02: That's a I'm gonna research that super intelligence, super El Nino.
40:10
SPEAKER_02: Do you think it's a coincidence they're hitting at the same time?
40:13
SPEAKER_02: It might not be.
40:14
SPEAKER_02: I don't know.
40:16
SPEAKER_02: My my folks say hi.
40:17
SPEAKER_02: We're gonna check in with them in in just a quick moment here.
40:20
SPEAKER_02: I've got a just a little item that includes them that I think you're gonna love.
40:24
SPEAKER_02: But you meant we mentioned at the top, I mean, the whole reason you're coming to us from your uh from your man cave there, which looks terrific.
40:30
SPEAKER_02: You got like move it looks like a movie theater down there with those lights that kind of go up on either side and whatnot.
40:36
SPEAKER_02: Sconces.
40:37
SPEAKER_02: Those are sconces.
40:39
SPEAKER_02: Sconces.
40:40
SPEAKER_02: Your wife must have taught you that word.
40:42
SPEAKER_02: Yes.
40:44
SPEAKER_02: Well, um, what's what's the forecast in the local area there?
40:48
SPEAKER_02: Um, is is today's two questions.
40:51
SPEAKER_02: Is today's rain gonna be so much it keeps you out tomorrow, too?
40:54
SPEAKER_02: And number two, when's it gonna stop?
40:57
SPEAKER_00: Well, it sounds like this will be over about noon tomorrow, uh, cloudy, damp uh Friday.
41:04
SPEAKER_00: So I don't think, and from a standpoint of um is that it right now?
41:10
SPEAKER_00: Is that the current radar?
41:11
SPEAKER_02: That's yeah, that's this morning's forecast.
41:14
SPEAKER_00: Yeah, yeah, that looks about right.
41:16
SPEAKER_00: We we won't, I don't see us getting it back into beans probably till Monday, I'm guessing.
41:22
SPEAKER_02: Okay.
41:23
SPEAKER_02: Okay.
41:24
SPEAKER_02: Yeah.
41:25
SPEAKER_02: So stand down at uh Rancho Hamer there.
41:28
SPEAKER_02: The uh it's it's rainy and wet, similar deal.
41:32
SPEAKER_02: Well, you can see on the map there, you know, similar deal, just not quite as much rain down here in KC.
41:37
SPEAKER_02: Mercifully, it it's finally gotten cooler.
41:40
SPEAKER_02: I think fall has has broken for us here, and we're we're grateful for that.
41:44
SPEAKER_02: Uh, let's go to the National Weather Service.
41:46
SPEAKER_02: They're talking about heavy rain, widely scattered severe storms expected over portions of the central and southern plains into the Ohio Valley.
41:53
SPEAKER_02: Unseasonable warmth will continue for a few more days across the Midwest, Southeast, and Mid-Atlantic, where several daily record highs could fall, but I'm guessing those will be about the last of the record, the last of the record heat for for this season, at least, at least we hope so for their sakes down there.
42:11
SPEAKER_02: Ted, let's get to some items of mild interest.
42:13
SPEAKER_02: It's uh October 15.
42:17
SPEAKER_02: I find this one interesting.
42:18
SPEAKER_02: You know, I I always wonder, like, who was the first guy to to think, you know, we should we should eat these jalapeno peppers?
42:27
SPEAKER_02: You know, who would who were the first people to try things in 1753?
42:32
SPEAKER_02: Jean-Francois Pilatrin de Rogers, I guess, and Francois Laurent were the first two to ascend in a hot air balloon, 1753.
42:44
SPEAKER_02: The first witnessed manned flight demonstration.
42:48
SPEAKER_02: I mentioned my folks.
42:49
SPEAKER_02: This is them right there.
42:50
SPEAKER_02: That's my mom in red, and I got my dad right there, old Ronnie, right in front.
42:54
SPEAKER_02: They uh they just got back.
42:55
SPEAKER_02: I just talked to my mom this morning.
42:57
SPEAKER_02: They're so excited.
42:58
SPEAKER_02: Dad was sending me pictures on his phone all weekend over the weekend.
43:01
SPEAKER_02: They went to the Albuquerque Balloon Fest.
43:04
SPEAKER_02: They just got back.
43:05
SPEAKER_02: Yeah, yeah, it was cool.
43:07
SPEAKER_02: Yeah, they they had a great time, they really did.
43:10
SPEAKER_02: They're they're able to get away from time to time.
43:13
SPEAKER_02: 1753 was the first hot air balloon flight.
43:15
SPEAKER_02: Oh, here's a good one.
43:16
SPEAKER_02: 1924, the birthday of Lee Iacoka, American businessman.
43:22
SPEAKER_02: Here's an interesting quote, Ted.
43:24
SPEAKER_02: In a completely rational society, this according to Lee Iacoka, in a completely rational society, the best of us would aspire to be teachers, and the rest of us would have to settle for something less.
43:36
SPEAKER_02: Because passing civilization along from one generation to the next ought to be the highest honor and the highest responsibility anyone could have.
43:46
SPEAKER_02: I I wrote this down before I even thought about what we were going to talk about, but but Ted, I think that very thing is a is a thread that ran through our conversation here, bringing up the next generation and even the generation behind that.
43:58
SPEAKER_00: Yeah, thank you for that.
44:01
SPEAKER_00: But uh, you know, and I my family, uh, a lot of them were teachers.
44:05
SPEAKER_00: I've got a sister, a brother, two cousins that taught forever, sister-in-law that taught early in her career and things like that.
44:14
SPEAKER_00: So I've been surrounded by teachers my whole life, and you know, I they were excellent teachers too.
44:20
SPEAKER_00: They're amazing.
44:21
SPEAKER_00: You you you can tell just by the way they talk that you know that kids would have absolutely learned from them.
44:26
SPEAKER_02: Yeah, yeah, yeah.
44:28
SPEAKER_02: Well, and finally, one more a big day for uh Bob Barker, host of the price is right.
44:33
SPEAKER_02: It was this day in 1987, and I think we've got a picture of it here.
44:39
SPEAKER_02: Yeah, that was a big day.
44:42
SPEAKER_02: This this is the day that Bob Barker stopped dying his hair for a long time.
44:48
SPEAKER_02: He dyed his hair really, really dark.
44:50
SPEAKER_02: I don't know if it was black or if it was dark brown, but it was this day in 1987 that he decided to stop dyeing his hair and appeared for the very first time all natural.
45:00
SPEAKER_02: The audience gave him a standing ovation when he came on stage.
45:04
SPEAKER_02: White haired, and he spent the rest of his career that way.
45:07
SPEAKER_02: What's Ted Hamer?
45:09
SPEAKER_00: That that was like 36.
45:11
SPEAKER_02: That's it.
45:13
SPEAKER_02: Those are wisdom curls, is what they are, I think is what they call that.
45:16
SPEAKER_02: That's wisdom.
45:17
SPEAKER_02: That's wisdom.
45:18
SPEAKER_02: I got a few grays coming in on the chin here.
45:20
SPEAKER_02: I earned every single one of these bad boys.
45:22
SPEAKER_02: The wrinkles are on my eyes.
45:24
SPEAKER_02: I earned them all, and I imagine you did as well.
45:28
SPEAKER_02: Ted Hammer.
45:31
SPEAKER_02: Yes, absolutely.
45:32
SPEAKER_00: I want one.
45:33
SPEAKER_00: My youngest grandson, Camden, he always likes to call me with dad jokes.
45:39
SPEAKER_00: He says, Grandpa, I have a pen that can write underwater.
45:44
SPEAKER_00: It can write other words too, but I just like to write underwater.
45:50
SPEAKER_02: All right, with that, I'm cutting you off.
45:52
SPEAKER_02: I'm cutting you off with that.
45:54
SPEAKER_02: Ted Hamer, um, congratulations on your new role with uh Iowa corn there.
45:59
SPEAKER_02: That's uh that's really, really cool.
46:01
SPEAKER_02: I'm proud of you, buddy, and for all that you've got going on there.
46:04
SPEAKER_02: You've set yourself up well.
46:06
SPEAKER_02: And uh a heck of a good guy, Ted Hamer from from central Iowa.
46:10
SPEAKER_02: Good old Blackhawk County.
46:13
SPEAKER_02: Let me also say thank you to Trade the News.
46:15
SPEAKER_02: Trade the news is what my squad and I use to find useful news.
46:19
SPEAKER_02: Trade the news is news you can use, use trade the news for useful news.
46:25
SPEAKER_02: AgSquawk will be back first thing in the morning to get you set up with a taste of that Ag Bowl Intel, and then I'll wrap up the week with a quick solo hit.
46:34
SPEAKER_02: Tomorrow afternoon, visit Ag Bull.com, dig deeper with Ag Bull Intel, 855737FarmagBull.com.
46:43
SPEAKER_02: Come on back tomorrow.
46:44
SPEAKER_02: We'll wrap up another full week of AgSquawk.