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Welcome to conference -- Jeff Flock this week down on the form talking about the business of agriculture in a cornfield the looks pretty good year but we're gonna get the expert take on it.
We got a couple folks from the seed company new tech.
-- Jack powers and Lance -- and also the farmer who planted their seed we'll see how he.
Lecture seed in a minute here that's Clayton Kaz steal -- wanna start -- do you.
This business of farming it has so -- really taken on a much more technical.
A feel over the last several years I guess it's always been that way but.
This is pretty sophisticated stuff that people are -- an animal farm these days.
-- very much so Jeff I got started in late seventies and and dealt with them antique tractors basically compared with the guys have to do today everything is technology from the -- that's developed.
To how the farmers plant the seed to what they are worse than and then what they do with that information and how they.
Prepare for -- next during the year.
I was just say one of the things they did to prepare based on what happened last year was plant seed that is more drought tolerant.
-- Lance wanna talk to you about.
With the -- called as Aqua -- are acts yet and what does it do its it's actually and natural screen process that they develop that.
On certain varieties that handles stress very well little bit better than or -- regular lineup.
And -- like a year like ushers in the drought situation just you lose.
Well he utilized the water up better to the -- we found with these -- what happens and you're like this to where you didn't really have a huge -- problem.
How does that affect so once again OK we have a lot of water up front.
But are still certain stresses that these plants -- through this compaction.
-- -- the field.
So now we're we're in our August were enormous and some -- -- and gets into some polish -- well but they're still stresses that that plan.
Goes through and he get them contracted areas that the -- -- it now.
Are played in in that puts stress and maybe for moisture and it's utilized that -- of the plant.
So and then there is enemies really not a whole lot you might mules open -- -- even through that stress.
And insuring virtue in your likeness Clayton can steal.
Talk about it have.
About the business of farming you got a lot to think about these days from everything from what kind of CG plant disarming.
You've been -- for fifteen years.
It's a pretty sophisticated operation that you run -- Literally as we plan.
Com -- -- 2014 province have had for the last 45 months you know is try to be one step ahead and marketing is a big part of it you know when.
Taken right seed fertilizer we -- own soil testing -- grid mapping.
Towards the soil testing and make sure that the soils verbal handle.
The higher populations that a lot of the -- companies on a sedan nowadays yeah.
You you planted 23 different varieties of seed last year to test and see what came -- best.
What does this segment we like to always -- the take away to other businesses.
And I think one of the takeaways here is.
You test in advance.
Ideas and see how they if you can tally -- very much so new new to exceed -- -- bring the best genetics and hybrids to to the farmers who could reform.
So it's in the intestine and try and 23 varieties like Clinton did last year it's it's spread to risk.
Because you just don't know what the year's gonna do it when you put that seed in the ground in April you just don't know what's going to happen.
I was receive these days farming is a lot about -- risk everything from cell and into the futures market to buy and options.
It's all about keeping your your exposure down the straight and in news it's getting to be -- the expenses are guys are watching her bottom line you know what their inputs -- With the phone market you know that's getting more crucial -- that are making a plan.
Nutrients for going on election this fall for next year you know what the plan is -- the best.
Situation is for their operation.
You're a man who did not inherit from his family a big farm like a lot of farmers do no offense to them but that's how they got into it you made a decision a conscious decision to get into farming.
-- wise decision.
Oh I think so it was great for the family and you know I spent a lot of years and John Deere dealership also Ford Motor Co.
working on trucks and stuff like that and and came from a farm but just wasn't big enough to support multiple families -- Had to do little Bolton was able to get started access about fifteen years ago and feel better on absolutely it's such challenge -- you know just.
He had to take everything that's out there for resources and and try to make the best decision based on it.
Nation's food supply and the men and women who who make it work on this edition of conference room a farming.
Maybe a little more technical least days but -- say the yields pretty incredible.
Thanks for watching this addition -- conference -- Jeff Flock.
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