Operating Philosophy
Illinois Family Farms is a growth and profit oriented family farm that seeks to provide a positive place of employment for family and non-family employees. We pursue the adaptation of top agronomic, marketing, technological and stewardship practices that allow all individuals involved with the farm to prosper and grow. Another benefit for new operations is that we can allow other operations to join us and compete on a scale that would otherwise not be available to them.
This successful relationship benefits landowners by providing a fair return for their assets. Employees benefit by having an employer that respects and rewards good employee behavior. Good stewardship protects landowner interests by asset protection and increased return on asset.
Profit Center / Major Sources of Income
Grain crops, specifically corn, are the primary source of revenue for Illinois Family Farms. We grow continuous corn because of the increased profit potential, which is not provided by other grain crops.
Superior marketing, along with our storage facilities, provides significant returns over competitors. Illinois Family Farms use GPS derived soil samples. Fertilizer is then applied based on prescription derived from the GPS samples to achieve optimum yield. We utilize our own 30,000-gallon anhydrous, 1,200 ton dry fertilizer and chemical facilities. Through the use of these facilities, we are able to source these products at a substantially lower price than other operations in the area. We also have our own application equipment for fertilizer and chemicals.
In 2006, we implemented John Deere Auto Steer to avoid overlaps and skips with application of inputs. This initial investment allowed us to reduce fuel usage by 10,000 gallons during the season. All operational aspects of the farm are tracked by computer utilizing John Deere, EASi-Suite and Microsoft Excel spreadsheets. These numbers are then interfaced with farm accounting software. Other John Deere site specific technologies utilized are variable rate planting based on soil type as well as VRT planting system. With the extra cost of traited seed, pay for 1 VRT drive every 1,800 acres. The trucking company provides a year-round opportunity for employment, as well as more timely and profitable delivery of grain.
Growth Plan
The agriculture industry is rapidly changing and consolidating. The past several years have yielded enormous technological advances in equipment, seed, information gathering and marketing. Most of these advances were not available to our predecessors. Illinois Family Farms utilizes these new technologies and will continue to seek additional efficiencies as we move into the future. |