{"@context":"http://iiif.io/api/presentation/3/context.json","id":"https://iastate.aviaryplatform.com/iiif/s756d5q533/manifest","type":"Manifest","label":{"en":["Walker, Robert, Mike Black, and Gilbert Steneck, The Farming Future"]},"logo":"https://d9jk7wjtjpu5g.cloudfront.net/organizations/logo_images/000/000/004/original/ISULogo.png?1601681107","metadata":[{"label":{"en":["Preferred Citation"]},"value":{"en":["The Farming Future. Iowa State University Lecture Series (RS 8/6/53). Special Collections and University Archives, Iowa State University Library, Ames, Iowa."]}},{"label":{"en":["Publisher"]},"value":{"en":["Iowa State University. Special Collections and University Archives"]}},{"label":{"en":["Rights Statement"]},"value":{"en":["There are no restrictions on access. (access)","This item is protected by copyright and/or related rights. You are free to use this item in any way that is permitted by the copyright and related rights legislation that applies to your use. 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[Transcript]"]},"items":[{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"(mics buzzing)","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=8.124,10.707"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/2","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e Good evening.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=45.03,45.863"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/3","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"It's good to see so many of you here","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=45.863,48.06"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/4","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and I'm really pleased to see","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=48.06,49.44"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/5","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"some of the people that aren't students here.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=49.44,51.87"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/6","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Mr. Wallers, Carrie and John Meeks,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=51.87,54.257"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/7","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Deb Stoneberg, Play Harmon,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=54.257,56.38"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/8","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"is good to have a few of you folks here also.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=56.38,59.583"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/9","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Yeah.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=60.58,61.413"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/10","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We would like to, if it's okay with the audience,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=62.88,65.86"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/11","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"to have our guests visit and talk a little,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=65.86,69.49"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/12","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"about 15 minutes, about what they see","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=69.49,71.86"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/13","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"as they look into the future of agriculture","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=71.86,74.21"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/14","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"on a wide variety of topics.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=74.21,75.83"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/15","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Size of farms, energy shortages, uncertainty, prices,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=75.83,80.83"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/16","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"structure of agriculture as they look into the 1980s.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=83.015,86.863"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/17","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"After they've made their presentations,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=88.08,90.771"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/18","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"then we'll have an opportunity to question them.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=90.771,95.12"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/19","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And there's a small group down here in front","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=95.12,97.02"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/20","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that are just anxiously awaiting the opportunity","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=97.02,99.25"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/21","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"to question them.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=99.25,100.83"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/22","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So if that's okay, and if it's agreeable","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=100.83,104.27"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/23","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"with the panel members, I'll start on this end","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=104.27,106.38"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/24","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and ask Bob to start out, then go to Mike,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=106.38,108.76"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/25","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and then go to Gill, okay.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=108.76,110.313"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/26","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e I don't think that's fair.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=111.45,112.85"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/27","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e Well, fair, that's the way it is.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=113.952,115.788"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/28","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"(audience laughs)","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=115.788,118.308"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/29","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e And that says a lot about agriculture that I think","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=118.308,119.64"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/30","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that's the way it is.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=119.64,120.793"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/31","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We started farming in 1961.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=124.13,127.123"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/32","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Tell you a little bit about that.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=128.39,129.788"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/33","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I don't know how to tell you about how we started","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=129.788,133.764"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/34","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"without perhaps seeming to brag a little,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=133.764,137.183"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/35","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and all of you, I know read that,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=138.53,140.773"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/36","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"when you get started farming these days is to","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=140.773,143.23"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/37","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"either have one in the family or perhaps marry one,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=144.32,148.736"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/38","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"(audience chuckles)","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=148.736,152.09"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/39","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"but after four years here at Iowa State,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=152.09,154.46"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/40","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"in a short stint in the US army","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=154.46,156.57"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/41","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"at Fort Leonard Wood, Missouri","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=156.57,158.89"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/42","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and three years in the extension service in Iowa County","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=158.89,161.62"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/43","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and other shorter stays and other counties,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=161.62,164.933"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/44","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"we rented a 240 acre farm on a stock share lease in 1961.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=166.0,171.0"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/45","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And that's how it started.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=173.44,174.98"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/46","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We had, we moved to Marengo, Iowa in January, 1958","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=174.98,179.81"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/47","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"so some of you boys and girls who were born about that time,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=182.144,186.98"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/48","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that seems like a long time ago, I 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240,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=201.4,205.05"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/53","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"stock share, and did that for three years.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=205.05,208.883"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/54","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And then we rented an additional 80 acres 10 miles away.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=210.296,214.45"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/55","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And in 1961, that was an unheard of thing","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=214.45,218.06"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/56","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that you did not drive 10 miles to farm anything.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=218.06,221.503"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/57","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"That was impossible.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=222.475,223.475"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/58","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And the thing grew until 1968, we had 1200 rented acres,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=224.81,229.81"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/59","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"still raising some hogs along the way.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=231.0,233.033"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/60","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And in 1968, we bought 160 acres.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=234.346,237.82"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/61","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"That cost $500 at that time.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=237.82,240.323"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/62","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"That's--","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=241.18,242.76"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/63","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e Aren't you glad you bought it then?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=242.76,244.777"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/64","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"(audience chuckles)","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=244.777,246.57"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/65","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e It seems like a good idea now.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=246.57,248.293"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/66","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And then the thing has grown by leaps and bounds since then","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=251.65,255.69"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/67","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"until we've remortgaged every step","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=255.69,258.55"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/68","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and all these other things that we do","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=258.55,260.8"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/69","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"until today, we own 2000 acres and still rent","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=260.8,263.87"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/70","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"some additional land.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=263.87,265.81"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/71","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Where are we going from here?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=265.81,267.423"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/72","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I have no idea.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=268.351,270.73"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/73","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I had no idea where we were going when we started out,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=270.73,273.37"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/74","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"except that we were in headed in some direction.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=273.37,275.77"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/75","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And this is one of the important things","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=276.68,277.97"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/76","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"about the whole thing, I think.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=277.97,279.52"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/77","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"As far as the farm size is concerned,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=280.51,282.86"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/78","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"the family size and all this, that, and the other,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=282.86,284.97"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/79","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I've heard that one thing about it and another,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=284.97,288.13"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/80","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"at any point in time, someplace along the line,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=288.13,290.738"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/81","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"you could have classified us as any one of those, you see.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=290.738,295.738"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/82","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"That's why I've gone into that somewhat.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=297.13,299.423"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/83","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"1968, we bought the first 160 acres.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=300.82,305.065"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/84","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"At that time, the farmers home administration","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=305.065,307.88"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/85","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"would lend you $60,000 at 5% interest","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=307.88,311.68"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/86","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"on a farm ownership loan, it looked like","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=311.68,314.45"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/87","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"the best deal around so we pursued that.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=314.45,317.54"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/88","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And at that time we were not a family farm","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=317.54,319.94"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/89","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"according to their guidelines.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=319.94,322.12"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/90","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And so we could not avail ourselves of those resources","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=322.12,326.842"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/91","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and went to the metropolitan life insurance company.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=326.842,330.41"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/92","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And we were pretty well mortgaged to them to this day.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=330.41,332.52"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/93","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I'll tell you that.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=332.52,336.2"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/94","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"That's beside the point, but it's use of capital as you see,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=336.2,339.97"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/95","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"what I see about expansion, I had some thoughts","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=339.97,343.8"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/96","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"on that thing this winter,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=343.8,345.883"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/97","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"we have been, as I see others around us,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=347.41,350.95"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/98","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"what I sometimes call the expansive farm operation.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=350.95,355.95"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/99","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And I wonder sometimes, especially this past year,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=358.37,362.42"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/100","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"if perhaps at least currently the time","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=362.42,367.19"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/101","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"of the expensive farm operation might be at an end.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=367.19,372.19"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/102","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And this my thinking is partly because of the problems","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=373.87,378.87"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/103","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"of equipment, equipment size, equipment technology","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=381.05,384.628"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/104","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"the problems of personnel, personnel management","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=384.628,389.55"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/105","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"versus maybe my own shortcomings.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=389.55,391.25"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/106","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"My inability to deal with those problems","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=391.25,394.7"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/107","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"as effectively as I think they should be dealt with.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=394.7,397.423"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/108","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I still have that question in my mind.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=398.71,400.13"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/109","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We've also been lambasted","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=400.13,402.16"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/110","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"by Mr. Berdlin's structure of agriculture dialogue","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=402.16,407.16"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/111","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that I'm sure all of you are aware of and familiar with","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=408.98,411.87"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/112","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and in his structure of agriculture dialogue,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=412.87,416.57"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/113","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"perhaps I read between the lines,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=416.57,418.05"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/114","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"but I do not like part of what I hear.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=418.05,421.67"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/115","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"He seems to lambast people such as myself","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=421.67,425.569"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/116","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and in some ways we're SOB and so on and so forth.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=425.569,429.31"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/117","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I did not appreciate that at 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happen","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=434.98,438.989"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/120","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"then we have taken from it something very vital to it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=438.989,443.533"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/121","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I very feel very strongly on that point.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=444.64,447.463"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/122","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"That's a part of the substance","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=448.97,451.19"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/123","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"of not only American agriculture but America itself.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=451.19,454.443"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/124","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"For instance, I could own half of General Motors","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=456.76,461.16"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/125","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and nobody would care.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=461.16,462.563"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/126","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We could raise 20,000 hogs.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=463.83,466.439"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/127","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Nobody would care.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=466.439,468.73"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/128","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"But if we own a little too land, you see, this as sacred,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=468.73,471.437"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/129","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and somebody cares.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=471.437,473.303"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/130","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"What do I see on energy?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=474.99,476.883"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/131","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"High priced diesel fuel.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=478.31,479.723"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/132","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"This, in years past, has been a matter","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=482.86,487.0"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/133","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"of a few dollars per acre.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=487.0,490.5"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/134","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"It's is getting to be quite a major item","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=490.5,492.47"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/135","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"in our expenditures on the farm.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=492.47,496.753"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/136","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I don't know what the answer there is.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=498.56,501.26"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/137","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I see no immediate alternative for agriculture","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=501.26,505.07"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/138","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"but the continued use of diesel fuel,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=505.07,508.061"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/139","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"the, all the rhetoric about alcohol and agriculture,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=508.061,513.061"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/140","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I don't know.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=513.95,515.39"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/141","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I do not see in my operation a place","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=515.39,517.62"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/142","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"for an on-the-farm alcohol plant.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=517.62,520.02"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/143","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"It seems to me that it takes great amounts","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=520.02,523.76"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/144","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"of technology and capital to make this thing work,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=523.76,527.673"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/145","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and I really don't see it as a place for me at this time.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=528.719,531.569"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/146","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"That's my view.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=533.17,534.473"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/147","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"There's a lot written about, for, and against it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=535.81,538.583"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/148","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Wonder if maybe I quit and let somebody else talk.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=540.14,543.385"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/149","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e All right.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=543.385,544.385"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/150","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Mike, would you want to continue","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=545.26,546.919"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/151","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and give your thoughts on these areas","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=546.919,549.903"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/152","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"or other areas that you might think of?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=549.903,552.633"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/153","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e Okay.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=553.75,554.583"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/154","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I was once sitting right up there in those chairs","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=557.62,561.67"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/155","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"where a lot of you people are sitting tonight","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=561.67,563.84"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/156","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"in 1968, '69.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=565.87,568.363"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/157","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Preferably in '69.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=570.53,571.77"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/158","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I dropped out of school in let's see,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=571.77,574.73"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/159","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"the winter quarter of '68 to take a job","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=574.73,576.95"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/160","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"because I didn't think I was going to hack it,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=578.017,581.01"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/161","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"going to school after I graduated out of high school.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=581.01,583.66"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/162","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I had the grades, but I wasn't ready","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=584.63,587.717"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/163","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"to go back to school yet.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=587.717,589.54"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/164","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So I quit in the winter quarter to find a job.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=589.54,593.853"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/165","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Okay, I worked a year in an agricultural background,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=596.49,601.49"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/166","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"more or less a farm elevator.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=602.24,603.883"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/167","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I learned some aspects of agricultural background","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=605.29,607.94"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/168","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"through there, along with being raised on a farm,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=607.94,611.453"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/169","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"so I tried to apply this to my abilities","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=612.637,617.179"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/170","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"when I decided if and when I want to go back to school.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=617.179,620.06"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/171","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Well, that chance came again in the winter quarter of '69.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=620.06,624.223"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/172","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"When, instead of going ahead and sign up","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=625.7,627.38"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/173","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"for a two or a four year program,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=627.38,629.98"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/174","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I decided to try the winter quarter short course,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=629.98,633.493"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/175","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and lo and behold, Uncle Sam got ahold of me","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=634.339,637.64"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/176","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"before I got through with the winter quarter.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=637.64,639.89"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/177","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So there again, I spent some time.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=641.32,644.8"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/178","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I had a two year hitch in the army, came back from Vietnam,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=644.8,649.8"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/179","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"decided then that I could use the four years","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=652.01,655.77"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/180","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"of free schooling that Uncle Sam obliged me to take.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=655.77,659.653"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/181","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"But then again, I got to thinking,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=661.36,663.093"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/182","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"what happens if my opportunity comes up","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=664.03,666.14"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/183","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"to go back on the farm?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=666.14,667.483"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/184","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I waited one year and the opportunity came","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=670.01,672.5"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/185","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"when my father decided to call it quits.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=672.5,674.52"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/186","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"He didn't retire.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=674.52,675.593"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/187","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"He was in one of the depression times I 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corn,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=684.94,687.54"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/190","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and three, three and a half for your beans,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=687.54,689.15"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/191","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and he was getting tired of it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=689.15,690.17"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/192","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So he just said to heck with it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=690.17,691.77"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/193","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"That's his own personal prerogative.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=693.49,697.01"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/194","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"If I had my way, I think I probably would have stuck with it","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=697.01,699.53"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/195","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"but I wanted to go back on the farm,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=699.53,701.533"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/196","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"preferably with my dad, but he decided otherwise,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=701.533,704.58"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/197","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"so I went ahead and took over the farm,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=704.58,709.58"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/198","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"which he did not own.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=714.24,715.3"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/199","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"It was all crop shared.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=715.3,717.623"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/200","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So that's how I started back in the spring of 1972.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=718.76,723.76"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/201","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So I decided to go ahead and use Uncle Sam's schooling,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=728.99,731.5"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/202","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"so I went to night school with the veterans vogag school.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=731.5,736.5"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/203","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I used my four years up.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=737.03,738.753"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/204","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Still haven't got my degree,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=740.32,741.839"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/205","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I've got so many accredited hours,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=741.839,744.13"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/206","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and that's all I'll probably ever get,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=744.13,746.03"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/207","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"but I'm glad I had the opportunity to take the chances","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=748.53,752.41"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/208","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that I had before I started farm, because they've helped me.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=752.41,755.41"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/209","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"The background that I had after the service,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=761.73,765.453"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/210","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"let me know, helped me to know what was going","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=769.26,772.04"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/211","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"to come ahead of the future of me.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=772.04,773.763"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/212","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"My dad had 320 acres that he rented,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=775.55,779.593"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/213","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"but when he dropped out, so did some of the land.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=780.84,784.08"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/214","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So I was left with 180 acres to try and get started on.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=784.08,788.693"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/215","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I went ahead and bought his machinery,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=790.22,791.67"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/216","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"which was pretty well played out,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=791.67,793.353"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/217","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"tried to go to a bank first to get the loan,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=794.24,797.42"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/218","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and they turned me down because of my inexperience.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=797.42,801.46"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/219","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I was still young.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=801.46,802.293"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/220","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I was only 21.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=802.293,803.193"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/221","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So I turned to outside help.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=805.57,808.6"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/222","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I finally had to go with farmers home administration,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=808.6,811.94"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/223","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"which is a good, interest wise right now, place to go.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=811.94,816.94"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/224","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"It was back then.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=818.62,819.48"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/225","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"It still is now,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=819.48,820.912"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/226","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I don't think anybody can probably beat it anymore.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=820.912,823.853"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/227","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I'm still hooked up with FHA.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=824.97,827.1"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/228","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We've expanded through FHA,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=827.1,828.477"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/229","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and I hope to expand probably down the future with FHA,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=831.844,835.127"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/230","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"but I'm not saying that's the total place to go.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=836.02,838.94"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/231","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"If the opportunity's there, go ahead and take it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=838.94,841.39"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/232","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So we started out with 180 acres,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=843.48,845.613"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/233","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and we decided that that wasn't quite going to be enough.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=851.0,854.27"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/234","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So we decided to go ahead and diversify it","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=854.27,856.37"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/235","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"with a quick cash flow program,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=858.26,859.87"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/236","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"which was mostly with the hogs.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=859.87,861.773"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/237","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So we got started in hog business with FHA too.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=864.23,866.793"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/238","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And from then on, it's just a gradual buildup","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=868.98,873.73"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/239","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"before we'd gone from then.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=873.73,875.08"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/240","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We picked up another 140 acres in '74,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=875.96,880.023"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/241","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"which increased our cash flow on the crop side.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=881.07,884.563"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/242","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And we'd been there since 1974.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=886.15,888.84"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/243","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I've increased the sow herd 30 or 40 sows,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=888.84,893.64"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/244","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and that's just about it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=893.64,894.473"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/245","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We're right now it's 70 head a sow","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=894.473,896.377"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/246","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and we're going to keep her there I think for right now,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=896.377,898.87"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/247","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"until we get our feet back on the ground again,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=898.87,901.22"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/248","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"because 1977, we had a pretty good sized drought","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=902.87,906.64"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/249","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"run right through my area, which I didn't have","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=906.64,908.41"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/250","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"any bushels of corn.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=908.41,909.633"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/251","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Beans averaged 18 to 19 a bushel.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=910.93,913.173"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/252","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So the cash flow for that year was all but nothing.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=914.114,918.593"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/253","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e Negative.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=920.56,921.393"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/254","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e Negative, nothing.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=921.393,922.226"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/255","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Just wasn't anything there.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=922.226,923.42"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/256","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And when you got, back then I had buy $15, $18,000","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=924.39,929.39"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/257","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"worth of notes coming at the end of the year.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=930.39,932.81"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/258","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"It wasn't there.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=932.81,933.893"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/259","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I could have called it quits, but I didn't want to,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=935.02,940.02"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/260","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"my wife didn't want to.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=940.69,941.883"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/261","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So we went ahead and went into debt some more.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=944.0,946.836"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/262","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"(audience chuckles)","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=946.836,949.836"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/263","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And I'm still in debt.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=951.867,953.223"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/264","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"As far as this year comes, I dunno.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=959.72,962.093"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/265","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Sometimes I envy Bob and Gill here,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=965.35,970.35"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/266","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"because they do have such a large farm.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=970.96,972.7"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/267","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"But in other times I just say,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=972.7,975.36"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/268","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"boy, I'm glad I'm not that big.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=975.36,976.973"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/269","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I was raised on a small farm.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=980.23,981.963"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/270","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I really don't have that desire to be","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=983.66,985.66"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/271","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that much bigger than what I am now.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=987.33,989.323"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/272","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We have started a family.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=991.57,992.64"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/273","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I have a girl and a boy, eight and four,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=992.64,996.213"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/274","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and maybe one of these years, we'll probably try again,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=997.98,999.82"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/275","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and see if we can keep raising the family.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=999.82,1002.465"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/276","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"(audience laughs)","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1002.465,1003.7"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/277","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"But to me, I just assume have more kids","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1003.7,1005.85"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/278","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and bring them up on a family farm.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1009.199,1011.69"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/279","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Because if most of you are from a farm background","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1011.69,1014.02"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/280","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and it is a good life, I don't think","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1014.02,1018.47"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/281","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"there's any denial there on anybody's part.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1018.47,1021.173"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/282","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"But the farm size situation has really really got me worried","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1026.66,1031.44"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/283","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"as far as where I'm going to be 10 to 15 years","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1032.61,1037.61"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/284","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"down the road where I'm talking in my mid forties.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1038.83,1042.303"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/285","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I don't know if I can survive on a 300 acre farm","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1044.82,1048.863"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/286","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and still have the opportunity to bring in my family","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1048.863,1053.863"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/287","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"or my kids so to speak, if they want a turn","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1054.18,1057.476"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/288","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and go to farming.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1057.476,1059.023"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/289","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"There's just no alternative there to make it work","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1061.259,1064.627"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/290","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"on crop acres.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1066.31,1067.653"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/291","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And I sure as heck can't go out now","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1070.06,1072.14"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/292","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and buy a farm at today's prices","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1073.23,1075.38"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/293","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"with the way that inflation has got us by the heels.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1077.6,1081.273"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/294","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And it doesn't look like it's going to get","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1083.75,1085.0"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/295","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"too much better before long.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1085.0,1086.593"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/296","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So I'm just up in the air.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1091.45,1093.033"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/297","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Right now, I'm under the size for the average farm.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1099.59,1104.313"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/298","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I don't know what the average size is,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1108.16,1110.636"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/299","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"around 400 some places in there.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1110.636,1113.69"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/300","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I think it's where it's at.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1113.69,1115.04"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/301","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"For the average family farm.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1117.216,1118.616"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/302","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"If the prices on the market that we have today","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1139.09,1141.79"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/303","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"aren't stabilized shortly,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1141.79,1145.42"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/304","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"whereas we can turn a profit,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1151.96,1153.773"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/305","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"something's going to be coming drastically in the future.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1156.52,1160.34"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/306","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I don't know what's going to happen,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1160.34,1161.173"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/307","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"but something's got to happen.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1161.173,1162.006"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/308","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Something's got to give someplace.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1162.006,1163.7"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/309","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"An average farmer can't even go out and borrow,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1164.77,1167.96"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/310","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and keep borrowing and keep borrowing and keep borrowing.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1167.96,1170.81"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/311","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Somebody's going to shut him off.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1171.899,1173.549"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/312","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"He's going to be left with a flagpole in his hand.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1174.74,1179.18"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/313","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"There no place to run it out to.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1179.18,1180.833"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/314","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"He's going to have to start shoving this off,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1181.68,1183.77"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/315","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"shoving this off,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1183.77,1185.123"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/316","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and the foreign investors come and see this.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1186.777,1187.94"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/317","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"They say, oh, this is my opportunity.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1187.94,1189.883"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/318","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And this is where foreign investors are going","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1192.37,1193.82"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/319","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"to start grabbing a lot of these land shares","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1193.82,1198.43"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/320","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"if something isn't put onto it right now.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1199.29,1201.403"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/321","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I don't have that worry.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1203.98,1204.86"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/322","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Bob might have that worry,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1204.86,1205.88"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/323","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"but I don't have that worry right now.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1205.88,1207.96"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/324","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Later on, we might.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1207.96,1209.053"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/325","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So I don't know.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1217.05,1220.74"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/326","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I've been here for eight years, but like I said,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1220.74,1225.27"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/327","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I don't intend to get too much bigger,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1225.27,1227.193"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/328","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"strictly because I just don't want to.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1228.85,1230.823"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/329","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I'm satisfied where I'm at.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1232.7,1234.86"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/330","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I'll take the good with the bad.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1234.86,1236.483"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/331","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We'll pencil it out.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1239.17,1240.37"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/332","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We'll make it come even,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1240.37,1241.57"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/333","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and I won't have to pay Uncle Sam any taxes.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1242.73,1245.145"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/334","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"(audience laughs)","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1245.145,1247.978"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/335","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e And I know Bob, he touched on a subject about farm fuels.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1251.94,1255.403"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/336","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Diesel fuels doubled 50% from last year.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1256.85,1260.863"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/337","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"When you start putting this diesel fuel","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1264.84,1267.35"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/338","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"back in your operation, it just gets higher and higher.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1267.35,1270.383"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/339","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"It's just increasing your cost all the way around.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1272.55,1275.05"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/340","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Sometimes I think costs are tripling","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1277.56,1279.36"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/341","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"even before they even get to your checkbook,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1281.49,1284.023"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/342","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"because you just can't seem to make ends meet.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1285.31,1287.61"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/343","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So I dunno, I think maybe down the road","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1290.91,1292.41"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/344","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"there is probably a fuel of the future.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1292.41,1296.532"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/345","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I don't know what it's going to be yet.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1296.532,1298.34"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/346","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Of course, everybody's been hearing about grain alcohol","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1298.34,1301.05"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/347","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and use the corn byproduct,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1301.05,1303.55"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/348","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and that's one alternative and three or four years,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1303.55,1307.86"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/349","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"three, four, five years down the road,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1309.53,1311.16"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/350","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"it may seem realistic anymore, I don't know.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1311.16,1313.53"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/351","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"It's just, I hope some of you people","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1313.53,1318.036"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/352","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"out there have the answer.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1318.036,1319.34"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/353","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I don't know.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1319.34,1320.173"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/354","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"But it's nice to be here,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1326.17,1327.463"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/355","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and I hope you have some questions later on.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1329.607,1331.573"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/356","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I'm sure some of us up here will try and answer","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1333.08,1334.84"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/357","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"as good as we can.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1334.84,1335.783"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/358","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Okay, Dean.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1337.94,1338.773"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/359","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e Personally got 2500 acres,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1342.931,1345.09"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/360","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"got the rationale, commitment and an idea","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1345.09,1348.9"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/361","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"as to why he wants to be there.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1348.9,1350.3"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/362","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We've heard from somebody with 320 acres,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1350.3,1353.043"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/363","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"this is where I am, this is where I want to be.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1353.88,1356.23"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/364","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Got quite a bit different in their approach to agriculture.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1357.277,1360.86"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/365","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Mr. Stanek has about a thousand acres.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1360.86,1363.213"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/366","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"He's the furthest northwest of the three of them.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1364.18,1367.44"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/367","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"He's got the coldest winter, so Gill, it's all yours.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1367.44,1371.143"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/368","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e I think maybe we should give people some time to rebuttal.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1372.74,1375.434"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/369","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"(audience 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notes.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1379.88,1383.73"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/372","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I graduated in '54, back in the old days,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1383.73,1386.19"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/373","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that's when actually the dirt in the air was clean","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1386.19,1390.2"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/374","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and now it's just the other way around.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1390.2,1392.112"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/375","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"(audience 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blacksmith","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1396.677,1398.62"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/378","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"heated up this horseshoe","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1398.62,1399.73"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/379","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and he had it all shaped, red hot, laid it down,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1399.73,1402.777"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/380","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and it was cooling when this Iowa farmer","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1402.777,1405.04"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/381","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"came in, mosied around, he picked up this horseshoe,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1405.04,1408.697"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/382","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and it was red hot, and then dropped it right away,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1408.697,1410.79"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/383","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and put his hand in the pocket.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1410.79,1413.05"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/384","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And the blacksmith says, \"kinda hot, ain't it?\"","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1413.05,1416.213"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/385","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"The farmer wouldn't admit it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1416.213,1417.046"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/386","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And he said, \"Nope,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1417.046,1418.24"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/387","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"just don't take me long to see a horseshoe.\"","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1418.24,1420.583"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/388","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"(audience laughs)","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1420.583,1423.61"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/389","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I'll try to be fast, I'll try to be more specific","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1423.61,1426.99"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/390","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and maybe try to work around and bring together","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1426.99,1429.61"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/391","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"what the other two fellows have said,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1429.61,1432.12"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/392","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"instead of giving you the background of my operation,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1432.12,1434.63"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/393","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I'll try to project ahead using some of the experiences","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1434.63,1438.44"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/394","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and feelings that I have in regard to","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1438.44,1440.95"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/395","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"what you might be able to absorb","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1440.95,1443.81"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/396","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and even challenge you in the future.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1443.81,1446.0"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/397","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"When I was leaving college, all I ever heard about","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1446.0,1448.55"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/398","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"is that you'll make it in farming","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1448.55,1450.23"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/399","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"because you have to feed the world","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1450.23,1452.58"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/400","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and look where we are now.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1452.58,1454.1"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/401","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We're talking, I'm in my 24th year of farming","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1454.1,1456.7"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/402","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and we still have starving people in the world","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1456.7,1459.5"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/403","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and they still have embargoes","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1459.5,1461.238"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/404","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and we still have all the surpluses.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1461.238,1463.67"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/405","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So what happened to all this lucrative farming business","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1463.67,1466.24"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/406","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that I was going to get into?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1466.24,1467.53"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/407","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We had it along the way,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1467.53,1468.84"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/408","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and we had to take the opportunities and make it work.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1468.84,1471.884"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/409","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"The one thing they didn't tell us in our economic classes","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1471.884,1475.02"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/410","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"is that there was a nutritional demand in the world","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1475.02,1477.39"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/411","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and there's an economic demand,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1477.39,1479.49"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/412","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and they were always talking the good side","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1479.49,1482.1"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/413","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"being the nutritional demand.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1482.1,1484.0"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/414","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"But somehow we learned in the real rural world","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1484.0,1486.97"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/415","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that they didn't have the money to buy it","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1486.97,1488.915"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/416","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"or there wasn't the economic trade,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1488.915,1491.62"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/417","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and so economics is very real,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1491.62,1493.77"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/418","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and I hope you folks out there recognize this.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1493.77,1497.02"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/419","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And they enter into the political scene","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1497.02,1498.86"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/420","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and recognize this and work with it","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1498.86,1500.71"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/421","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"when you get out into it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1500.71,1502.35"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/422","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I like to give you some of my philosophies on trends.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1502.35,1505.91"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/423","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I feel that we're, in the last two or three decades,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1505.91,1508.63"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/424","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"we were in a technological era","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1508.63,1512.13"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/425","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"whereby we really grabbed the technology","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1512.13,1514.334"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/426","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and I felt I was proud and happy to be part of it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1514.334,1518.15"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/427","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We didn't give a hoot about resources or costs.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1518.15,1520.61"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/428","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We just grabbed it and ran with it","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1520.61,1522.32"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/429","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and everything was uphill and it really materialized.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1522.32,1525.92"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/430","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"You really couldn't make too many wrong decisions.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1525.92,1528.66"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/431","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And now things are starting to slow up and get tight,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1528.66,1531.367"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/432","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and we've got to back off and see what it's all about.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1531.367,1534.46"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/433","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And so I feel we're coming into a new era","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1534.46,1536.565"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/434","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and I call it the structural era,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1536.565,1539.423"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/435","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"where we have to structure our business.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1540.92,1544.22"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/436","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We have to structure it so all the variables","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1544.22,1547.83"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/437","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that the government is throwing out.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1547.83,1549.24"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/438","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We have to structure it to all the variables","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1549.24,1551.29"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/439","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and financing and marketing","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1551.29,1553.325"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/440","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and all the foreign trends that are coming at us.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1553.325,1556.65"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/441","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And we have to be wise and more just than our own field.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1556.65,1560.43"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/442","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I understand Dr. Tweeten, who was here earlier,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1560.43,1562.76"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/443","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"said if we can have a stable economic situation,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1562.76,1566.13"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/444","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"then we'd have a strong business, and this is true.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1566.13,1569.082"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/445","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I feel ownership will go more in the hands","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1569.082,1572.23"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/446","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"of someone other than the operator.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1572.23,1574.84"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/447","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"There has to be money coming in, this outside money.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1574.84,1578.09"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/448","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"If it isn't your money, it's going to be","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1578.09,1579.61"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/449","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"either dad's money or your father-in-law's money,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1579.61,1582.99"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/450","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"or brother's money pooling it together,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1582.99,1585.27"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/451","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"or the outside investor, be it private, public,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1585.27,1589.007"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/452","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"or some other way.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1589.007,1590.68"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/453","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And the fellow or the parties that have the money","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1590.68,1593.29"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/454","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"invested in the operation are going to wish","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1593.29,1595.84"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/455","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"to have more control and more say in that operation.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1595.84,1599.139"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/456","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And that's going to be significant.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1599.139,1601.587"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/457","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So I feel it's very important and it will be necessary","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1601.587,1605.817"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/458","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that the commercial farm operator, operations I should say,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1605.817,1610.44"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/459","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"which basically are controlling 70% of our output","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1610.44,1614.61"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/460","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"in the United States will be a corporate structure.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1614.61,1618.09"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/461","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So you'll have three corporate structures.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1618.09,1619.92"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/462","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"You'll have the public, whereby you can be trust","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1619.92,1624.19"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/463","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"or going on the board or this type of money.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1624.19,1626.41"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/464","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"You'll have the private type of an investor","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1626.41,1629.36"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/465","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"where you have a doctor and lawyers","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1629.36,1631.235"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/466","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"or a few people get together","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1631.235,1633.44"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/467","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"which I was still called private,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1633.44,1635.01"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/468","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"or you'll have the family farm corporation,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1635.01,1637.91"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/469","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"but I feel that a corporate structure","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1637.91,1639.64"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/470","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"is going to be very significant in the future","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1639.64,1641.66"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/471","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"for reasons I'll point out later.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1641.66,1644.05"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/472","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"But the family structure corporation","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1644.05,1647.37"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/473","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"is going to be the strongest and it will be","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1647.37,1650.73"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/474","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"the least costly because normally you have the inputs.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1650.73,1654.05"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/475","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"You already have some land and yes, you have some debts","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1654.05,1657.56"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/476","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"which you can put it into the corporate structure","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1657.56,1659.93"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/477","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"to start retaining this capital and do things with it","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1659.93,1664.22"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/478","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that, again, I will point out, I assume","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1664.22,1666.03"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/479","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that Dr. Neil Howard pointed out when you had him","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1666.03,1669.14"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/480","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"as a speaker.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1669.14,1670.6"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/481","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So basically, boiled down with a family operation,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1670.6,1673.57"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/482","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"have the desire and the management","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1673.57,1676.096"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/483","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"to compete for the dollar.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1676.096,1678.673"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/484","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Let's recognize that all this land that is now here","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1679.669,1683.04"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/485","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"is going to continue being farmed.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1683.04,1684.943"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/486","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So who will do it?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1685.83,1686.663"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/487","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So can a family farm compete?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1686.663,1689.325"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/488","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So I feel that the family farm can meet this competition","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1689.325,1693.59"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/489","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"but there's five points that in my mind,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1693.59,1696.46"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/490","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I would say is important to determine","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1696.46,1698.87"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/491","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"whether or not the family farm can compete.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1698.87,1701.113"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/492","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I feel it's important to have a long-term strategy.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1702.04,1705.263"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/493","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And this strategy would be with yourself, your family,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1707.78,1711.64"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/494","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and also with your counsel, I'm talking legal counsel.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1711.64,1716.37"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/495","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And I am talking to your financial counsel","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1716.37,1718.36"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/496","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and I'm talking any other consultants you can have.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1718.36,1721.24"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/497","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"You must have a long-term strategy.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1721.24,1724.036"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/498","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We were able to slough along,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1724.036,1725.87"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/499","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and I think Bob would agree, and myself.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1725.87,1727.72"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/500","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I never had anything, we're just going to own land","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1727.72,1729.493"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/501","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that came up and we could afford it, okay.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1729.493,1731.52"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/502","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"But I think anyone coming out into this world anymore","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1731.52,1733.98"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/503","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that's going to get into business has to have a strategy.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1733.98,1737.23"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/504","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"One of the biggest faults that my wife and I recognized","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1737.23,1739.79"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/505","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"after 15 to 20 years of marriage","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1739.79,1741.73"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/506","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"is that we didn't have the same goal.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1741.73,1743.86"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/507","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And it was really rough in our marriage.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1743.86,1745.81"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/508","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And I'll point this out later","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1745.81,1747.2"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/509","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"as far as basic social philosophies,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1747.2,1749.31"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/510","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I think it's important for you.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1749.31,1751.37"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/511","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Budgets.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1751.37,1752.26"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/512","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"You need a budget.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1752.26,1753.25"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/513","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Man, that's all important.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1753.25,1754.7"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/514","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Budget and cashflow.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1754.7,1756.32"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/515","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"You've got to follow it and you have to understand it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1756.32,1758.33"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/516","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"You have to project it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1758.33,1759.35"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/517","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"If nothing else, it's forcing you to say,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1759.35,1761.73"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/518","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"where am I putting my bucks?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1761.73,1763.31"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/519","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Where am I going to get it to take care of?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1763.31,1765.89"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/520","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And Mike was pointing this out and Bob and I are in debt","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1765.89,1769.417"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/521","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and we still have this same problem, it's perpetual.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1769.417,1772.634"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/522","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"The good news is it's tax deductible,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1772.634,1775.54"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/523","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and you use leverage and keep it going this way.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1775.54,1778.52"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/524","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Unfortunately, Mike started later and didn't have the base","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1778.52,1781.9"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/525","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and wasn't able to develop a base in the cheaper days.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1781.9,1784.31"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/526","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And so therefore it's really tough.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1784.31,1785.92"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/527","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And you're going to have it tough out there,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1785.92,1787.79"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/528","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"dad isn't out there helping you somewhere along the way","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1787.79,1790.46"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/529","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"but you have to be flexible.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1790.46,1792.23"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/530","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Don't get out there and say,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1792.23,1793.81"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/531","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I'm just going to do this,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1793.81,1795.528"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/532","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and then stick with it and aren't flexible","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1795.528,1798.23"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/533","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"to change your cropping or your livestock program.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1798.23,1801.27"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/534","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"The third point, I feel you have to learn","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1801.27,1803.3"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/535","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"to mark merchandise.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1803.3,1805.0"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/536","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And that means including buying your inputs.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1805.0,1807.41"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/537","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Merchandising is buying as much as selling","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1807.41,1810.2"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/538","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and of course, in selling your products.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1810.2,1812.27"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/539","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"But one thing to remember that I don't think","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1812.27,1814.142"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/540","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"you would recognize because I didn't recognize it","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1814.142,1817.11"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/541","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"for about 15 years and that's if,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1817.11,1819.2"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/542","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"when you borrow money, you are actually selling your credit","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1819.2,1822.982"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/543","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and the lender is buying your credit.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1822.982,1826.37"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/544","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So your merchandising are actually selling your credit.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1826.37,1829.37"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/545","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"You go into a lender and say, I want money.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1829.37,1831.768"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/546","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I'm selling my credit to you.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1831.768,1834.84"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/547","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And the lender is buying your money","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1834.84,1836.68"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/548","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"or buying your credit just like he would go out","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1836.68,1840.24"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/549","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and buy a federal funds or something in the bank.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1840.24,1843.64"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/550","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So you were selling your merchandising credit","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1843.64,1846.06"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/551","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and believe me, credit is all important","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1846.06,1848.2"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/552","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"when it comes to leverage and expansion","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1848.2,1849.9"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/553","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"of your operation when you're a business.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1849.9,1852.46"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/554","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And there's no way you can compare your business","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1852.46,1854.53"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/555","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"if you're going to the farm operation","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1854.53,1856.69"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/556","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"compared to a salary.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1856.69,1857.81"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/557","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"It's an entirely different thing.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1857.81,1860.108"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/558","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So credit is something that you are selling,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1860.108,1864.03"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/559","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and remember that.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1864.03,1865.18"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/560","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"The fourth thing is that you must learn","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1865.18,1867.62"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/561","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"to reduce your financial risk.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1867.62,1870.018"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/562","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I don't know how extensive they go into it anymore,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1870.018,1873.22"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/563","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"but I never even heard of it when I was in college,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1873.22,1875.25"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/564","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and that is hedging.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1875.25,1876.25"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/565","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Various contractual arrangements,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1877.8,1879.44"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/566","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"contractual for land purchases,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1879.44,1881.208"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/567","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"contractual arrangements for distance selling","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1881.208,1885.3"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/568","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"or pricing later and all the other ramifications","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1885.3,1887.872"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/569","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and the problems that you have with this type of thing.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1887.872,1890.943"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/570","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And then, also, yes, you must conserve capital","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1893.21,1895.914"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/571","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"by estate planning.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1895.914,1897.88"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/572","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"That's the fifth thing, if you're going to compete.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1897.88,1900.48"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/573","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"If you make those dollars by golly,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1900.48,1902.42"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/574","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"you've got to hang on to them.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1902.42,1904.25"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/575","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And I stress this.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1904.25,1905.083"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/576","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I'm on a board at the bank and I stress exclusively,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1905.083,1907.962"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/577","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I bought trust.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1907.962,1910.1"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/578","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"All of a sudden farmers are wealthy,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1910.1,1912.07"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/579","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and they don't know what it's all about.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1912.07,1914.082"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/580","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And so they aren't making any plans for it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1914.082,1916.56"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/581","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And I'll tell you a pathetic case,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1916.56,1918.16"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/582","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and I stress this to young people","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1918.16,1919.67"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/583","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that don't have a penny in their pocket","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1919.67,1921.34"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/584","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that they're probably working in the dad's operation,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1921.34,1924.117"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/585","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and I saw it happen.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1924.117,1926.1"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/586","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I think you young bucks, woman or man, should have a will","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1926.1,1929.29"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/587","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"soon after you're out of school","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1929.29,1931.03"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/588","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"if you're in your dad's operation,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1931.03,1932.51"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/589","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and here's a case in point.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1932.51,1934.478"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/590","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Dad and son were going to a farm sale.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1934.478,1937.36"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/591","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Dad was killed in a car accident","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1937.36,1940.1"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/592","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and immediately and the son died a week later.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1940.1,1942.62"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/593","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"He had no will.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1942.62,1944.218"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/594","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Dad's will said that my son is going to get","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1944.218,1947.06"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/595","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"a great portion of the farm and all the assets,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1947.06,1950.07"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/596","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"the son did not have a will to receive this wealth,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1950.07,1952.447"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/597","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and so the state got 80% of it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1952.447,1954.483"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/598","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So anything, you have a will and say,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1955.39,1957.77"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/599","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"any property that I will now have or die seized.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1957.77,1961.39"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/600","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"A little two words.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1961.39,1962.49"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/601","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Die seized.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1962.49,1963.59"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/602","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"That you will seize upon death.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1963.59,1965.422"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/603","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Have a will to receive this worth","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1965.422,1968.005"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/604","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that your folks might have.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1968.005,1970.1"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/605","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And if any other second thing is if you have children,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1970.1,1972.63"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/606","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"you have nothing else, have a will,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1972.63,1974.1"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/607","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and who's going to take care of the kids","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1974.1,1975.41"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/608","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"if you and the wife--","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1975.41,1976.467"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/609","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"yeah, we'll have it and will be buying it in here","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1995.61,1999.39"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/610","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"but insignificantly, I still feel","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=1999.39,2002.03"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/611","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that the next door neighbor is going to be","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2002.03,2004.5"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/612","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"your biggest competitor and he will be","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2004.5,2005.99"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/613","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"in the strongest position to be picking up these eighties","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2005.99,2008.48"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/614","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and a hundred sixties type of things.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2008.48,2011.21"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/615","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"You might have foreign buyers coming in one area,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2011.21,2013.408"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/616","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and create all kinds of havoc in that one area,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2013.408,2017.16"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/617","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and then these people will move out probably.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2017.16,2019.352"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/618","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"But there'll be enough older people to sell out","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2019.352,2022.21"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/619","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"in a given area and I don't think","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2022.21,2023.772"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/620","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"it will have an appreciable effect on total land values","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2023.772,2026.45"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/621","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"being out of sight.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2026.45,2029.0"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/622","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Now I'm going to give you","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2029.0,2030.07"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/623","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"a real economic professor's definition that I've written up.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2030.07,2033.93"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/624","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"What size farm?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2033.93,2035.328"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/625","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"This was a question it was written by Bob Busher.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2035.328,2037.62"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/626","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"What is the right size farm?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2037.62,2039.493"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/627","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Well, I'm even gonna put my glasses on","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2040.57,2042.523"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/628","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"to get all the words in this one.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2042.523,2044.91"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/629","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I feel the right size farm is the size of a farmer","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2044.91,2049.91"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/630","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"with or without his family is capable of managing","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2049.93,2053.73"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/631","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"with adequate income to satisfy","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2053.73,2055.89"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/632","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"their economic and social desires.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2055.89,2059.01"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/633","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Now, let me break that up and tell you what I mean.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2059.01,2061.837"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/634","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"The size of the farmer with or without his family","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2061.837,2065.07"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/635","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"is capable of managing.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2065.07,2066.43"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/636","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"When I say, without, my situation,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2066.43,2069.55"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/637","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"my wife couldn't care less about the farm or operation","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2069.55,2072.84"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/638","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"or anything about it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2072.84,2073.75"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/639","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"If you said if I was a doctor, a lawyer","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2073.75,2076.45"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/640","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"she wouldn't have to know anything about my business.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2076.45,2078.58"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/641","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So why should I expect her to know anything","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2078.58,2080.91"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/642","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"about my farm business?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2080.91,2082.11"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/643","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So basically I've expanded without my family in it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2082.11,2085.58"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/644","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Sure, the kids grew up and my boys helped,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2085.58,2087.674"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/645","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"but they have never been really a full part of it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2087.674,2090.91"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/646","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"If you are with the family where everybody's gung ho,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2090.91,2093.64"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/647","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and they're all out fairing the pigs and plowing","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2093.64,2095.317"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/648","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and working in the fields and all that thing, great.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2095.317,2097.81"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/649","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Then you work with the family.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2097.81,2099.24"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/650","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So I'm saying with or without.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2099.24,2101.28"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/651","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Sort of another little point.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2101.28,2102.8"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/652","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"How many of you guys out there have a gal","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2102.8,2104.42"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/653","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that really is far more oriented","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2104.42,2105.817"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/654","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and wants to go gung ho with you on the farm?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2105.817,2109.384"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/655","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"They aren't always out there.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2109.384,2112.29"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/656","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"ERA and all that has a real deal.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2112.29,2114.01"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/657","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"There's more farm people that are really getting divorced.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2114.01,2117.17"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/658","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I got a lot of farm couples.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2117.17,2118.43"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/659","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"My wife and I went through a traumatic crisis","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2118.43,2120.67"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/660","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"for about five years when I expected her","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2120.67,2122.53"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/661","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"in the traditional role that you will love farming.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2122.53,2125.68"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/662","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And she was strapped in with the kids,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2125.68,2129.13"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/663","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and she didn't like the farm aspect.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2129.13,2131.42"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/664","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"She wanted to be a career woman","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2131.42,2133.018"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/665","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"in a big metropolitan area.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2133.018,2135.05"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/666","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And here she was socked in.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2135.05,2136.82"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/667","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We right outside of the edge of Fort Dodge","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2136.82,2138.85"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/668","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and she could do everything she wanted to do","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2138.85,2140.68"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/669","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and no problems with money, this kind of thing, basically.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2140.68,2143.11"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/670","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"But she wasn't able to do her thing","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2143.11,2145.13"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/671","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"the way she wanted to do it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2145.13,2147.134"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/672","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I have a number two son who might come back to the farm","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2147.134,2150.117"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/673","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and I'm saying this to him, hey, what about your gal?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2150.117,2152.757"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/674","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"You think she might like farming?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2152.757,2155.07"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/675","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And he's, you know, they talked about it and he said,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2155.07,2157.5"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/676","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"how do I know?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2157.5,2158.8"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/677","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"That's true.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2158.8,2159.633"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/678","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"How does he know?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2159.633,2160.466"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/679","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"My wife's dad cautioned her.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2160.466,2163.45"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/680","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Hey, when you live on the farm, it's a little bit different.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2163.45,2166.79"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/681","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And you might have longer hours,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2166.79,2169.65"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/682","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and you might not like that smell.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2169.65,2171.9"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/683","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And he was right on all accounts.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2171.9,2173.663"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/684","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"(audience laughs)","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2173.663,2177.16"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/685","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"But she thought love would conquer","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2177.16,2178.92"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/686","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and it has in the sense that we're together","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2178.92,2180.79"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/687","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and we've been able to talk it out,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2180.79,2182.11"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/688","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and we've had a lot of friends in town and out","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2182.11,2184.6"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/689","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"who were divorced and they had traumatic experiences.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2184.6,2186.76"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/690","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And I think we strengthen ourself","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2186.76,2188.46"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/691","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"because we're both smart people,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2188.46,2190.59"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/692","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"we love each other and we've had the opportunity","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2190.59,2192.73"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/693","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and Christian belief to really hang in there","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2192.73,2195.96"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/694","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and talk it out and work it out.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2195.96,2197.182"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/695","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I've even offered, now that she's to the stage","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2197.182,2199.81"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/696","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"where the kids are leaving the nest so to speak,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2199.81,2202.33"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/697","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and middle age, coming in to the 50 period,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2202.33,2204.71"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/698","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that she might want to do her thing.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2204.71,2206.84"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/699","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I said, I assume, put money into her business.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2206.84,2208.96"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/700","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"If she's got a thing on that she likes to do","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2208.96,2210.89"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/701","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and you know, I'll back off.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2210.89,2213.316"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/702","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So I was going to own Wester County when I started farming.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2213.316,2217.31"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/703","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"That was my goal.\n(audience laughs)","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2217.31,2221.037"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/704","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And her goal was, let's get out of the damn place.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2221.037,2223.466"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/705","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"(audience laughs)","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2223.466,2224.944"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/706","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So all of a sudden, 15 years down the road,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2224.944,2226.31"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/707","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"you know, what's wrong here.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2226.31,2227.88"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/708","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We aren't quite on the same wavelength.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2227.88,2229.94"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/709","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So I talked about it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2229.94,2231.76"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/710","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So I backed off, I really did.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2231.76,2233.617"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/711","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And so when I say, as far as family or not family.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2233.617,2237.65"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/712","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"to satisfy their economic and social desires,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2237.65,2241.79"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/713","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"economic, now if I can't make it on a thousand acres,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2241.79,2244.94"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/714","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"well, I'm a heck of a poor farmer.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2244.94,2247.423"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/715","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And do we have to live as good as we are living?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2248.29,2251.0"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/716","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We're competing with town friends.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2251.0,2252.65"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/717","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Our real circle of friends in town,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2252.65,2255.56"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/718","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"they lived a little bit better and differently.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2255.56,2258.29"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/719","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And so my wife, we used to feel","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2258.29,2259.39"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/720","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"we really should kind of be at that standard.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2259.39,2262.14"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/721","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And still we have all our rural friends","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2262.14,2264.68"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/722","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and we go to school in a rural area.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2264.68,2266.48"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/723","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So we're kind of torn in between,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2266.48,2268.42"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/724","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"you know, you don't want to be too good.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2268.42,2269.67"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/725","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So your neighbors aren't jealous,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2269.67,2271.3"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/726","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"but still you want to make a good impression","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2271.3,2273.02"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/727","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"on your city friends.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2273.02,2273.89"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/728","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"You know, so this is another little conflict,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2273.89,2275.71"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/729","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and I'll be real honest with you on this.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2275.71,2277.76"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/730","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And I'm real loose and it doesn't bother me","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2277.76,2280.23"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/731","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"as much as it does my wife,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2280.23,2281.41"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/732","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"but these are things I'm pointing out that are real things","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2281.41,2284.152"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/733","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that are going to happen to you out there.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2284.152,2286.34"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/734","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Okay, government policy, I won't even bother with that","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2286.34,2290.24"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/735","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"because that's a political nightmare in and of itself.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2290.24,2293.19"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/736","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And I'd be happy to give you my impressions on that.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2293.19,2295.69"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/737","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Energy.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2295.69,2296.523"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/738","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"You know, energy really, I read somewhere,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2298.01,2299.761"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/739","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"the distance it took me to drive here and back home","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2299.761,2302.88"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/740","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"is about the amount it took for a dinosaur","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2302.88,2306.53"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/741","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"to ride out and pumping him out of the ground","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2306.53,2308.5"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/742","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and give me the gas to come here.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2308.5,2310.41"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/743","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And obviously we're running out of dinosaurs.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2310.41,2313.089"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/744","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"(audience laughs)\nWe all know that.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2313.089,2315.07"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/745","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"But I think it has had a very good benefit","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2315.97,2317.89"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/746","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and one is reduced or minimum tillage.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2317.89,2320.15"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/747","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"The best thing to happen to erosion control","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2320.15,2322.38"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/748","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"without Washington even telling us what to do","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2322.38,2324.631"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/749","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"or the farmers not wanting to do it is fuel costs.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2324.631,2328.9"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/750","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Hell, it is getting expensive.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2328.9,2330.49"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/751","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And so let's just not run the tractor that much.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2330.49,2332.92"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/752","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And I've had stocks laying on the ground for years","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2332.92,2335.292"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/753","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and people think I'm a heck of a farmer,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2335.292,2338.23"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/754","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"you know, as far as being lousy.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2338.23,2340.01"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/755","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And all of a sudden the crop keeps coming up through it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2340.01,2342.257"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/756","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And so all of a sudden, the guy said,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2342.257,2343.9"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/757","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"really, I don't need a plow.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2343.9,2345.11"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/758","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And why does the state of Iowa pay $30 an acre?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2345.11,2350.11"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/759","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I resent this.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2350.41,2351.41"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/760","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"They're taking my tax money that in selected counties","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2351.41,2354.56"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/761","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"around Iowa, paying them $30 an acre","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2354.56,2357.44"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/762","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"if they will go out in minimum till.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2357.44,2359.523"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/763","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Now that is dumb.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2360.465,2363.22"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/764","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I mean, they're using my money for something","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2363.22,2365.04"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/765","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that should be done anyway and could be done.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2365.04,2367.23"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/766","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So I think energy will bring us about faster than anything.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2367.23,2370.85"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/767","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I think we will have better management of drying corn.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2370.85,2373.933"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/768","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We don't have to do it, we can have corn","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2375.1,2377.49"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/769","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"with high yields that are down to 20%.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2377.49,2379.67"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/770","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We can dry it to 18 and then aerate it and get by.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2379.67,2383.7"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/771","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Wet corn storage, harvest storage, or whatever good name","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2383.7,2387.05"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/772","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"you want to use.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2387.05,2387.883"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/773","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Feed it wet, store at wet,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2387.883,2390.08"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/774","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I've signed a contract for harvest storage","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2390.08,2391.594"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/775","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"just to store wet corn and sell it wet to the feeder friends","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2391.594,2396.594"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/776","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and I'm not in a heavy livestock area,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2396.67,2399.24"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/777","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and they offer a lease arrangement,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2399.24,2402.53"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/778","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"when I'm telling you about contracts,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2402.53,2404.09"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/779","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"a lease arrangement over eight years,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2404.09,2406.107"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/780","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and the ownership that you get back","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2406.107,2408.13"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/781","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"is equivalent to about 10.5% common interest.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2408.13,2411.167"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/782","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And this is another variable that things like this","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2411.167,2413.66"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/783","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"you can check out.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2413.66,2414.573"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/784","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Confinement buildings will be improved.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2415.47,2418.27"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/785","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Installation, a better layout, heavier concentration,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2418.27,2422.17"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/786","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"utilization of space.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2422.17,2424.296"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/787","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"They do a much better job in Europe than we do.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2424.296,2428.32"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/788","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"In some cases, sure, they've tripled back","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2428.32,2430.33"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/789","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and they're all the way back down to one deck,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2430.33,2432.03"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/790","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"but they have to do these things","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2432.03,2433.76"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/791","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"because they can't be as sloppy about it as we have,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2433.76,2436.67"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/792","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"because they're limited not only resources,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2436.67,2438.65"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/793","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"but also in the in the land.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2438.65,2441.02"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/794","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Energy alternative, sure.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2441.02,2442.41"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/795","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We'll have solar.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2442.41,2443.52"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/796","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And I agree with Bob, as far as alcohol,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2443.52,2445.49"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/797","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"if anything I can see, the co-ops having","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2445.49,2447.55"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/798","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"the millions of dollars to make alcohol,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2447.55,2450.35"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/799","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and in time when the improvements come upon us,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2450.35,2453.17"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/800","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that we as individual operators might be able to","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2453.17,2456.586"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/801","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"make a little bit of alcohol.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2456.586,2458.52"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/802","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I can see an alcohol run, like the old milk run.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2458.52,2461.842"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/803","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"They want 200 or 190 proof, and I might be making 120 proof,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2461.842,2466.842"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/804","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and Bob might be making 160 proof,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2467.55,2470.48"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/805","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and Mike might be making 100 proof,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2470.48,2472.45"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/806","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and they pay us according to the proof of alcohol picked up","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2472.45,2475.59"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/807","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"like the butterfat used to be in milk.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2475.59,2477.74"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/808","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And then you collect it and use it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2477.74,2479.32"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/809","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Great outlet and I'm real excited about this possibility.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2479.32,2483.083"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/810","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Impact and inflation.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2485.49,2487.12"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/811","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Here's my feelings on this and high interest.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2487.12,2490.47"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/812","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I feel we'll have a slow rate of expansion.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2490.47,2493.104"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/813","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I, like Bob, I think we'll still keep buying land","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2493.104,2495.727"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/814","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that's still out there.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2495.727,2497.55"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/815","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I signed a contract March 1st, so it fell on California.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2497.55,2500.64"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/816","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I made him an offer five years ago,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2500.64,2502.55"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/817","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and I worked on him every year.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2502.55,2503.91"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/818","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"An older guy, no errors.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2503.91,2505.8"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/819","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I made him an offer five years ago","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2505.8,2507.47"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/820","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"at $2,000 an acre, an 8% interest.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2507.47,2510.47"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/821","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And we finally said yes last November.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2510.47,2514.19"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/822","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"He said, oh, the same contract we wrote out,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2514.19,2516.073"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/823","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that is okay.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2516.073,2517.706"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/824","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"$2,000 an acre and 8% is what I locked in for 10 years,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2517.706,2522.158"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/825","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and they're out there.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2522.158,2523.81"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/826","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And I, profarmer is having a seminar over here tonight","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2523.81,2526.97"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/827","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"on land buying and I've gone to those things","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2526.97,2528.92"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/828","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and they tell you, you go out and seek it out","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2528.92,2531.107"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/829","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and they're out there and they are.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2531.107,2532.952"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/830","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Just get out of Platbook and say,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2532.952,2535.23"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/831","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"who's going to die within 10 years","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2535.23,2536.948"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/832","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and start working!\n(audience laughs)","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2536.948,2541.948"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/833","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We're going to have a heavier debt.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2543.01,2544.866"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/834","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Definitely.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2544.866,2546.25"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/835","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"You've got to learn how to live with debt.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2546.25,2548.75"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/836","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Your lenders will be more selective.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2548.75,2550.64"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/837","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"They're going to expect more from you, cash flow,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2550.64,2553.284"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/838","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"budgets, you're going to have to explain","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2553.284,2556.98"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/839","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"how and why you want to expand.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2556.98,2558.67"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/840","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"You're going to have to tell them how you want to get there.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2558.67,2560.45"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/841","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"You want to get there in a Cadillac,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2560.45,2562.06"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/842","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"or are you going to get there a little bit slower","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2562.06,2563.69"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/843","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"in the buggy?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2563.69,2564.523"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/844","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"But you've got to show them where you're going to go.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2564.523,2566.41"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/845","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Don't go in there and say, this is what I want this year.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2566.41,2568.76"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/846","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Show them.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2568.76,2569.64"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/847","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Tell him what you want in three years and five years.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2569.64,2572.55"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/848","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And you'll so impress them","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2572.55,2574.15"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/849","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that they can't argue back at all.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2574.15,2577.31"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/850","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Greater marketing management, like I said earlier.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2577.31,2580.53"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/851","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"You might have to consider your wife","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2580.53,2582.19"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/852","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"part-time work off the farm.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2582.19,2584.083"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/853","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"If you can give me a couple more minutes,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2585.14,2586.5"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/854","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I want to go into social implications,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2586.5,2588.37"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/855","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"which I think is the most important.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2588.37,2590.613"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/856","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I touched about you and your wife, but okay,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2591.49,2594.65"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/857","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"here's some other things that are coming up.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2594.65,2596.52"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/858","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"How are you geared for stress?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2596.52,2598.948"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/859","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Really, you're going to be stressed.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2598.948,2600.77"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/860","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"You know, it's no big deal to go out and work for anybody.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2600.77,2603.93"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/861","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Eight hours a day, and I had all kinds of 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marriage.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2608.17,2609.59"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/864","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"You're going to be into the financial,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2609.59,2612.77"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/865","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"money management thing.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2612.77,2613.96"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/866","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"You're going to have conflicts with kids, with hours,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2613.96,2617.23"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/867","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and the whole bit.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2617.23,2618.43"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/868","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"They even have","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2618.43,2619.263"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/869","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"more and more stress management center seminars","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2619.263,2621.545"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/870","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"for farm people and farm couples","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2621.545,2625.61"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/871","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and they're getting more and more attended out here.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2625.61,2629.06"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/872","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Living with stress.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2629.06,2630.47"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/873","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And this is certainly important","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2630.47,2632.15"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/874","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"with anyone owning a business, particularly farm couples.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2632.15,2635.0"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/875","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Will your wife accept farming?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2636.193,2638.76"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/876","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"How about the daughter-in-law bit?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2638.76,2640.72"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/877","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"You know, she might accept it,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2640.72,2641.95"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/878","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"but maybe your folks may not accept her,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2641.95,2644.57"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/879","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"the daughter-in-law in the business.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2644.57,2646.3"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/880","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"You know, these are things that are","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2646.3,2647.47"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/881","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"let's get serious and talk about them","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2647.47,2648.772"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/882","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"before you get to that point","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2648.772,2650.33"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/883","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and really start to wonder about it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2650.33,2651.72"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/884","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And then the old hair on the back starts to stand up.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2651.72,2655.1"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/885","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Are your long range goals compatible?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2655.1,2657.93"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/886","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"If you want to own land and she doesn't, you got a problem,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2657.93,2661.41"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/887","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"like I mentioned earlier.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2661.41,2663.1"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/888","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Do we really rent a lot of land?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2663.1,2664.81"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/889","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And she really want to drive the tractor?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2664.81,2666.61"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/890","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"If she does great, but does she want to ride it","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2666.61,2668.656"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/891","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"eight hours or 16 hours?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2668.656,2671.416"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/892","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"(audience chuckles)","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2671.416,2673.6"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/893","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"How do you work out if she wants a carpeting","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2673.6,2675.94"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/894","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and you want confinement?\n(audience laughs)","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2675.94,2679.676"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/895","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Are you both accepting your goals","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2679.676,2682.378"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/896","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"as being not as aggressive as your neighbors?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2682.378,2685.98"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/897","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"You know, there's a little ego thing.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2685.98,2687.49"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/898","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Particularly you're out of college","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2687.49,2688.78"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/899","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and your neighbor isn't in college","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2688.78,2690.41"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/900","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and he's already doing better than you.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2690.41,2692.06"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/901","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"You've got to show him that you're better,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2692.06,2693.652"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/902","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"because you got a four years invested,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2693.652,2694.51"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/903","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and your wife says my gosh, you know, why?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2694.51,2699.51"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/904","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"You know, I can tell them at the table,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2699.548,2702.24"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/905","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"my will says being of sound mind, I spent it all.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2702.24,2705.58"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/906","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"If you could call a zero balance sheet,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2705.58,2707.845"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/907","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"when you get to that last day, that's the way it should be.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2707.845,2711.1"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/908","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"But we can't quite call the shots that way,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2711.1,2713.29"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/909","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and like I said, I backed off, and this is important.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2713.29,2717.06"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/910","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"These are the psychological social things","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2717.06,2720.1"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/911","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that you have to work about.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2720.1,2722.03"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/912","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And I feel it's important that we need","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2722.03,2723.93"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/913","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"knowledgeable spokesman like you people in agriculture.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2723.93,2727.32"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/914","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I guess your man, Dr. Tweetin was here earlier,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2727.32,2729.75"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/915","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and he said that you need to get involved.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2729.75,2733.306"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/916","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I can't stress it enough.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2733.306,2734.938"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/917","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"You don't get up in the morning at all","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2734.938,2737.24"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/918","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"without being involved with something political.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2737.24,2741.226"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/919","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"You know, even the shorts you put on","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2741.226,2744.325"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/920","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"are union controlled somewhere,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2744.325,2746.07"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/921","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"you know, government standards or whatever.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2746.07,2748.91"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/922","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Crossing the street, everything is political,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2748.91,2751.5"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/923","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and if you feel you can live aside from that, I pity you.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2751.5,2754.74"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/924","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"You've got to be part of it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2754.74,2756.43"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/925","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We have fewer farmers, fewer ag-related people,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2756.43,2759.976"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/926","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and basically, I spend all of my extra time","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2759.976,2763.74"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/927","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"on boards and involvement in the city","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2763.74,2766.37"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/928","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"because I feel comfortable there,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2766.37,2768.43"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/929","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and I feel we need outspoken ag people","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2768.43,2771.52"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/930","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"in the consumer oriented society","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2771.52,2773.99"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/931","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"to let them know the picture about farming","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2773.99,2776.82"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/932","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and what's involved in there","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2776.82,2778.25"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/933","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and we need more of you out here.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2778.25,2780.34"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/934","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Boy, I'm always more impressed when I come back","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2780.34,2782.14"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/935","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"to the campuses and work with younger people","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2782.14,2784.98"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/936","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"to see more and more gals in there,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2784.98,2786.84"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/937","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"because there's more room for them,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2786.84,2789.23"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/938","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"they need to tell the farm wife's picture","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2789.23,2792.47"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/939","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and consumer's picture.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2792.47,2794.42"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/940","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And I don't think we, men are as consumer oriented","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2794.42,2797.697"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/941","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"as the women are, and I think this is great,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2797.697,2800.41"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/942","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"because we have ag-oriented women giving our impression","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2800.41,2805.16"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/943","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"as regard to consumerism, this is important,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2805.16,2808.47"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/944","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and of course the church is a very important part","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2808.47,2810.9"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/945","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"of our life.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2810.9,2811.99"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/946","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And I never attended church in college","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2811.99,2814.139"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/947","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and I sort half did before,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2814.139,2816.74"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/948","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and my wife was a big influence,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2816.74,2818.4"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/949","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and this has been a great stabilization for us","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2818.4,2820.287"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/950","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and our family, and I think it's important","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2820.287,2822.5"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/951","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"if you can touch on that in your life too.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2822.5,2824.78"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/952","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I've gone a long ways,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2824.78,2826.47"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/953","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"but I hope we can stimulate some questions.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2826.47,2828.85"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/954","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e Well, I think we have.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2828.85,2830.84"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/955","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And those of you who know me know","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2830.84,2833.08"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/956","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that this is about as long time","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2833.08,2834.95"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/957","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"as I've ever been quiet without interrupting.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2834.95,2837.189"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/958","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"(audience laughs)","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2837.189,2839.55"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/959","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"But I would like to make a few comments","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2839.55,2841.5"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/960","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and ask a question of my own","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2841.5,2842.9"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/961","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"before we open it up for questions.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2842.9,2844.86"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/962","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"First of all, Gill, you said we're running out of dinosaurs","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2844.86,2848.107"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/963","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and there are quite a few students out here","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2848.107,2850.26"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/964","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that would call it that, or they would claim today","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2850.26,2852.82"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/965","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"we'd call them professors.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2852.82,2854.933"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/966","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"(audience laughs)","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2854.933,2855.766"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/967","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"But we're not running out of them.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2855.766,2857.22"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/968","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I think you made something, a comment I think,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2858.351,2860.37"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/969","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"you came back to it several times,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2860.37,2862.807"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/970","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"but I think it goes much beyond agriculture.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2862.807,2866.43"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/971","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"You talked about the commitment of the individual","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2866.43,2869.573"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/972","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and the commitment of the spouse,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2869.573,2871.53"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/973","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and it really doesn't make any difference","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2871.53,2873.6"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/974","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"whether it's farming or working for the extension service","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2873.6,2877.1"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/975","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"or being a college professor or being a banker","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2877.1,2879.36"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/976","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"or a salesman or anything else.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2879.36,2881.288"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/977","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Two people have to work that out","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2881.288,2884.56"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/978","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"regardless of what the career is or careers are,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2884.56,2887.834"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/979","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"because that is going to make a lot of difference","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2887.834,2890.74"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/980","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"in what kind of stress you live under in your lives.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2890.74,2893.493"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/981","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Stanek said that there was a nutritional demand","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2894.8,2897.37"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/982","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and economic demand and that his economics professors","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2897.37,2900.6"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/983","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"told them only about the nutritional demand.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2900.6,2902.963"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/984","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Well, he's wrong.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2902.963,2904.351"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/985","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"The economics professors told 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parts.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2909.48,2911.278"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/988","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"(audience laughs)","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2911.278,2913.17"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/989","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"You could only hear about the,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2913.17,2914.55"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/990","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"all that big nutritional man","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2914.55,2916.05"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/991","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"because he wanted to go farming.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2916.05,2918.517"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/992","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And finally, before I get to a question,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2918.517,2921.84"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/993","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Bob Walker said he started in 1961","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2921.84,2924.51"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/994","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"after he had worked for the extended service","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2924.51,2926.5"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/995","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and sold an $180 car.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2926.5,2928.785"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/996","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Well, the reason he got such a fast start","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2928.785,2931.204"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/997","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"with those 160 acres is that added that 180 dollars","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2931.204,2935.35"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/998","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"to the savings he'd made in those three years","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2935.35,2937.95"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/999","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"with that big extension salary that he had.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2937.95,2940.178"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1000","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"(audience laughs)","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2940.178,2942.77"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1001","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e Now a question.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2942.77,2943.983"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1002","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Comments from each of you, if you would so like.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2947.47,2950.38"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1003","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"You all referred to debt.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2950.38,2951.773"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1004","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Do you think permanent long-term debt","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2952.733,2955.643"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1005","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"is a built in structure and feature of agriculture","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2955.643,2960.643"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1006","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"of the future?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2961.17,2962.52"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1007","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Our fathers talked about going into debt","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2962.52,2964.71"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1008","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"to buy a farm, machinery, and livestock","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2964.71,2967.596"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1009","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and pay off the debt and not owe anybody","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2967.596,2970.3"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1010","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and not have to borrow money.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2970.3,2972.0"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1011","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Is this a thing of the past as these young people","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2972.0,2975.38"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1012","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"look to agriculture in the future?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2975.38,2977.553"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1013","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e Long term debt.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2983.04,2984.39"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1014","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"It's long-term, all right.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2984.39,2985.65"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1015","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"That's true.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2985.65,2986.483"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1016","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I recall in the weeks following after","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2988.73,2993.73"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1017","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I had decided to start farming and I say I","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2994.91,2997.53"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1018","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"because my wife's here someplace","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=2997.53,3000.06"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1019","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and she remembers that.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3000.06,3001.313"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1020","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"She wasn't exactly with this thing.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3002.48,3005.293"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1021","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And finally I said, we're going to farm.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3006.84,3010.077"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1022","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"It went that way anyway.\n(audience laughs)","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3010.077,3014.43"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1023","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e That's the last time it went that way, too.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3014.43,3017.57"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1024","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"(audience laughs)","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3017.57,3021.17"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1025","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e Anyway, to show how naive you are on some of these things,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3021.17,3025.09"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1026","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"sometimes that included that anyway","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3025.09,3028.02"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1027","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"one of the band directors who's now deceased,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3028.02,3032.23"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1028","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"so I guess I can talk,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3032.23,3034.83"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1029","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"was on the County EC committee at the time,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3034.83,3038.15"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1030","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"we were coming back from a meeting,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3038.15,3041.27"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1031","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"we're discussing this thing including why I started farming,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3041.27,3044.27"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1032","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and I even said, I hadn't recognized","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3045.41,3049.59"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1033","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that he was a director at the bank","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3049.59,3051.0"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1034","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"where I was going to borrow money,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3051.0,3052.895"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1035","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and I may have remarked to him to the effect that,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3052.895,3054.93"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1036","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"well, two or three years, we'll borrow some money,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3054.93,3056.27"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1037","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"we'll have it all paid off,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3056.27,3058.21"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1038","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"we won't need that bank anymore.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3058.21,3059.93"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1039","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Just a babble of those kinds of words.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3059.93,3061.83"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1040","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"If only he knew now.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3066.179,3067.179"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1041","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"But debts, there's an attitude I think is very important","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3068.37,3072.178"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1042","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"on debt that we should all think about.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3072.178,3075.463"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1043","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"If you don't feel comfortable with debt,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3078.448,3080.84"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1044","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"you shouldn't have it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3080.84,3082.17"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1045","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I believe that.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3082.17,3083.193"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1046","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Probably that may be one reason that we had come","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3085.83,3089.17"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1047","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"as far when we had, as fast as we had,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3089.17,3091.564"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1048","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"is the debt doesn't necessarily bother me.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3091.564,3095.593"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1049","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And my wife might have some different ideas on that.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3096.506,3098.883"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1050","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"This is the way I feel about it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3099.718,3101.843"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1051","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"If I expect that it does bother me,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3103.1,3105.683"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1052","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"if I'm unable to service it,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3106.9,3108.777"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1053","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and this does happen from time to time,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3108.777,3111.26"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1054","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"one reason or another,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3111.26,3112.74"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1055","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"despite all of your cashflow projections that you might do.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3112.74,3116.27"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1056","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"They do not necessarily taking into account","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3116.27,3119.38"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1057","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Conrad Johnson and the weather, so forth and so on,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3119.38,3122.503"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1058","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"but debt is a reflection of capital","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3123.73,3128.73"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1059","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that you used within the structure","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3130.284,3132.933"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1060","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that you're managing or using.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3132.933,3135.333"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1061","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"It's a tool for growth.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3136.9,3138.573"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1062","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I think it's, not sure that perpetual is the right term,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3139.48,3143.24"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1063","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"but it's certainly with us over a long period of time,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3143.24,3148.0"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1064","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and when that time in your business comes","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3148.0,3150.18"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1065","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"when you no longer need borrowed capital","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3150.18,3154.09"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1066","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and hence do not have debt,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3155.222,3156.77"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1067","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"then your business has certainly failed to grow","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3156.77,3160.49"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1068","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"because this is one thing that makes it grow.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3162.09,3165.09"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1069","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Liked to hear the comments from these other two.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3165.09,3167.423"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1070","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e Mike, would you like to comment?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3168.922,3172.26"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1071","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e My favorite subject. Debt.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3172.26,3174.263"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1072","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I think Bob's wife and mine might be related.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3175.987,3178.237"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1073","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I can relate through family history on this part,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3180.12,3183.94"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1074","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"going back to my great-grandfather.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3183.94,3185.703"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1075","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"He owned 640 acres of land before the depressions hit.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3187.716,3192.716"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1076","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"After the depression, he lost it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3193.17,3194.82"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1077","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"My grandfather learned one lesson from that.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3197.35,3202.35"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1078","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Never go in debt.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3203.52,3204.913"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1079","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Of course, my great grandfather never had the farm paid off.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3206.76,3209.61"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1080","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"That's one reason why he lost it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3209.61,3211.843"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1081","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So that was brought down through my family,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3213.55,3216.5"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1082","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"passed onto my dad, and then it comes to me","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3216.5,3220.14"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1083","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and I blow the whole thing wide open.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3220.14,3222.023"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1084","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I don't think I can get along without being in debt.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3223.3,3225.9"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1085","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I use the debt load as a financial instrument.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3227.54,3230.083"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1086","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"In some parts it's good, and some parts it's bad.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3231.5,3234.53"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1087","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Like the drought year, that was a bad,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3234.53,3236.43"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1088","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that's just bad all over.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3237.27,3238.34"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1089","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Don't even think about having one of those.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3238.34,3241.07"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1090","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"If it comes, you got to go with it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3241.07,3243.5"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1091","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"You just can't shake it off and say it's your fault.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3243.5,3246.59"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1092","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"It's not your fault.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3246.59,3247.673"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1093","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"But longterm debt to me is going to help me","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3251.71,3255.06"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1094","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"in the long run, I'm sure.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3255.06,3256.94"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1095","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"If you're not afraid of it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3256.94,3258.363"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1096","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"if you know what kind of a debt to asset ratio","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3263.05,3265.26"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1097","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"you can carry, comfortably, carry it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3265.26,3269.243"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1098","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Don't get it out of hand.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3270.687,3272.86"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1099","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"That's your biggest worry about being in long-term debt.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3272.86,3275.78"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1100","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Don't let it get out of hand.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3275.78,3277.23"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1101","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So I guess that's how I relate to long-term debt.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3283.17,3286.173"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1102","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e I agree a hundred percent.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3289.75,3290.99"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1103","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And I'll try to add to it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3290.99,3292.353"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1104","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"To understand it, to know where you really are standing,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3293.35,3296.44"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1105","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"first of all, I guess if your lender is comfortable,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3296.44,3298.93"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1106","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"then you should feel comfortable.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3298.93,3300.93"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1107","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"If he starts to question it,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3300.93,3302.01"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1108","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and then you probably will question it,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3302.01,3304.29"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1109","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and then you have to start proving it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3304.29,3307.53"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1110","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So how can you be comfortable with yourself","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3307.53,3310.79"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1111","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and the lender being comfortable,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3310.79,3312.789"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1112","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and I look at it being on a bank board","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3312.789,3314.97"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1113","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and we're the seventh largest lending agency","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3314.97,3318.03"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1114","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"in ag loans in Iowa.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3318.03,3320.11"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1115","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And so we've expanded, we've worked at it","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3320.11,3322.619"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1116","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and now the rest of the board is getting a little scared,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3322.619,3326.11"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1117","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"when if land prices do back off","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3326.11,3328.318"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1118","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and a lot of these farmers are heavy lenders?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3328.318,3330.568"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1119","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I would recommend very strongly when you do start off","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3331.97,3334.33"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1120","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"in a business that you have some time","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3334.33,3336.95"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1121","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"in accounting procedure that you understand","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3336.95,3339.2"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1122","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"what it's all about, because there's no way","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3339.2,3341.07"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1123","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"you would be able to understand","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3341.07,3342.19"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1124","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"unless someone is knowledgeable","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3342.19,3343.45"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1125","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and they're one of the consultants.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3343.45,3344.89"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1126","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So in farming, I would recommend very strongly","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3344.89,3347.11"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1127","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"a farm business association.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3347.11,3348.923"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1128","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Most of the Midwestern states have these.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3349.87,3352.03"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1129","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"They run an analysis and it's computer sheets galore","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3352.03,3356.077"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1130","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and the manager will come in, field man,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3356.077,3358.16"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1131","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and he'll explain it and talk with and discuss.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3358.16,3360.52"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1132","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"The beauty of this thing is you can see how you grow.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3360.52,3364.08"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1133","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Everyone in this association that pays a fee,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3364.08,3367.58"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1134","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"therefore paying the field man, and having consultation","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3367.58,3370.5"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1135","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"from Iowa State, keeps the same type of record.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3370.5,3375.5"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1136","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So you were comparing your operation","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3375.6,3377.974"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1137","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"with every other operation in Iowa.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3377.974,3380.94"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1138","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And these are generally the top 20% or 30%","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3380.94,3383.33"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1139","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"or we like to think so.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3383.33,3384.47"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1140","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So you're competing with some of the top farmers.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3384.47,3387.3"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1141","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"They break it into the same size operation,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3387.3,3390.29"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1142","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"so you were competing and comparing,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3390.29,3392.62"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1143","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I don't necessarily want to say compete,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3392.62,3394.44"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1144","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"you're at least comparing with the same operation,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3394.44,3398.26"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1145","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"with the same bookkeeping procedure.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3398.26,3401.22"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1146","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Then the beauty of this is as it grows through the years,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3401.22,3404.31"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1147","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"then you can compare with yourself as you are growing.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3404.31,3409.04"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1148","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So you can work out net worth, your debt to asset ratio,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3409.04,3414.04"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1149","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"your rate of return, and all of these little guidelines,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3415.49,3419.66"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1150","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"so if something start to get out of whack,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3419.66,3422.15"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1151","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"you immediately can spot it, a flag is raised,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3422.15,3424.807"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1152","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and you say, do I have a problem?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3424.807,3426.87"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1153","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And if so, can I correct it?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3426.87,3428.62"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1154","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"If you are growing along a certain line","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3428.62,3431.13"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1155","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"faster than the others, they break it into the top third,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3431.13,3434.71"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1156","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"the low third, and the middle third even.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3434.71,3437.51"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1157","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And so if you were consistently in the low third,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3437.51,3439.87"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1158","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"we've got a real problem, let's work at it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3439.87,3442.72"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1159","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And then you can become very comfortable","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3442.72,3445.134"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1160","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"if your history through an intelligent manner","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3445.134,3449.897"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1161","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"has shown that you're on the right track.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3449.897,3453.96"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1162","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And then you can go further and further into debt","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3453.96,3457.26"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1163","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and build this leverage type of thing","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3457.26,3459.32"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1164","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"as long as you can sleep with it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3459.32,3461.7"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1165","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Now I have no qualms, and I think I've convinced my wife","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3461.7,3465.36"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1166","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"in regard to passing on debt in my estate.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3465.36,3468.533"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1167","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And the reason being estate tax,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3469.57,3471.87"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1168","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I assume they'll hurl me on it,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3471.87,3474.11"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1169","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and I talked about estate planning.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3474.11,3476.22"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1170","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"If you have a clear $2 million in land,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3476.22,3480.36"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1171","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"let's just pull a figure out of the air,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3480.36,3482.12"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1172","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"you'd be taxed to blazes","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3482.12,3483.94"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1173","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"even though you have it all divided up","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3483.94,3485.79"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1174","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"into a corporation structure,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3485.79,3487.613"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1175","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"but if you have a million dollars debt against that,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3488.49,3491.89"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1176","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"your estate is automatically reduced in half.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3491.89,3494.61"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1177","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Therefore you have much, much less inheritance tax to pay,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3494.61,3498.79"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1178","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and you are still passing","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3498.79,3499.93"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1179","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"on the same amount of land we'll say","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3499.93,3503.07"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1180","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"with that debt, which in turn,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3503.07,3505.015"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1181","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"the heirs can pick up and service.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3505.015,3507.64"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1182","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And if they wish to pay it off, then they can.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3507.64,3510.17"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1183","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So this is a tool like they both said,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3510.17,3513.457"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1184","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that you have to learn to work with and get good counsel,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3513.457,3517.2"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1185","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and it's no problem at all to make it work for you.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3517.2,3520.583"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1186","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e Okay, now we're open for questions.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3523.63,3526.217"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1187","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Yes, sir.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3527.266,3528.927"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1188","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e I have a specific question I'd like to direct","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3528.927,3530.877"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1189","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"at Mr. Walker.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3530.877,3532.053"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1190","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I don't know when the last time they bought land,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3533.33,3536.96"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1191","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and if they can tell me how to based their finances?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3536.96,3540.582"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1192","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"(speaking indistinctly)","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3540.582,3543.915"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1193","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e The last--","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3547.363,3548.363"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1194","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e I'll speak to the one.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3551.06,3552.26"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1195","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"The last land we bought was 80 acres adjoining","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3553.769,3556.672"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1196","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"another track we already had,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3556.672,3559.75"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1197","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"making that track now about 900 acres all in one block.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3559.75,3564.316"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1198","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We bought that, we'll be raising","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3564.316,3565.68"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1199","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"our third crop on it this year.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3565.68,3568.023"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1200","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We get 21 a quarter at the state auction for it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3572.455,3576.66"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1201","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I thought that was the first time I had bought land","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3576.66,3578.873"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1202","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that was \"too high.\"","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3578.873,3581.783"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1203","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Before that, I had taken my not too sharp lead pencil","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3586.63,3590.587"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1204","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and pencil some return out.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3590.587,3593.49"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1205","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"That one.I can't.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3593.49,3594.653"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1206","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"The financing of it, we had quite a large commitment","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3595.83,3599.42"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1207","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"to the metropolitan life insurance company.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3599.42,3601.57"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1208","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Well over a million dollars in fact,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3603.23,3605.92"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1209","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"but we did reroll the paper at that time.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3605.92,3610.28"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1210","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"They put this 80 acres in with the rest of it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3610.28,3612.74"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1211","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We had one loan.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3612.74,3613.573"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1212","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"That's how it was done.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3613.573,3615.227"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1213","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e The last one I told you about just two weeks ago","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3617.296,3619.714"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1214","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"was saying at the time,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3619.714,3621.024"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1215","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"the best way to go with a contract,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3621.024,3622.356"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1216","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"you have no idea what you're selling,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3622.356,3624.043"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1217","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"before that was just a year ago or two years ago,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3624.043,3627.287"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1218","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and it was an 80 adjoining,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3627.287,3629.59"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1219","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"instead of going around the highway","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3629.59,3631.72"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1220","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"to get to a hundred acres, it was 80 right next to it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3631.72,3634.61"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1221","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And I could just have a back entrance","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3634.61,3636.807"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1222","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and it was an auction which is a worst way to go,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3636.807,3639.472"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1223","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and I talked to the banker,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3639.472,3642.777"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1224","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and said how high can you go,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3642.777,3643.61"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1225","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and we decided maybe 32, 3,300 acres.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3643.61,3646.407"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1226","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And I didn't care, I was going to get it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3646.407,3648.06"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1227","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I had the first nod and the second nod.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3648.06,3650.01"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1228","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And I'll give you a psychological thing","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3651.227,3652.57"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1229","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I always use it auction, be it machinery or otherwise.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3652.57,3655.437"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1230","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"If I want something bad enough, I consistently not my head","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3655.437,3659.2"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1231","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"immediately and first and continuously,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3659.2,3662.022"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1232","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and I never hesitate.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3662.022,3664.017"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1233","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And you can psych out the other guy, you know,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3664.017,3666.312"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1234","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"the other ones,\n(audience laughs)","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3666.312,3669.208"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1235","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"they always hesitate.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3669.208,3670.6"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1236","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"When I'm getting that someone's gonna hesitate,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3670.6,3672.54"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1237","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I know I just about got it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3672.54,3675.02"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1238","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e It's called buying a pocketbook.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3675.02,3677.456"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1239","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"(audience laughs)","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3677.456,3679.923"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1240","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e And I stood out in front, made myself obvious,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3679.923,3682.3"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1241","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and I nodded in the very first,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3682.3,3683.96"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1242","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and all the neighbors just stopped.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3683.96,3686.35"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1243","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And then there were a couple of outside investors","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3686.35,3688.347"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1244","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"who ended up bidding against me.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3688.347,3690.355"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1245","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And I ended up with 2,900 an acre,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3690.355,3693.94"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1246","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and I sold off in acreage for $40,00,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3693.94,3697.514"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1247","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"so I the land price down to 25.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3697.514,3700.04"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1248","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Selling acreage is a great thing.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3700.04,3701.9"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1249","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"This guy stuck with it, he's got a loan to pay me","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3701.9,3704.22"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1250","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"the 1st of May and he can't move it,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3704.22,3707.39"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1251","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"because of the interest rates and all that,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3707.39,3708.84"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1252","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and he wanted to know if I'd ever take it back","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3708.84,3710.48"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1253","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and he's made all these investments in it","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3710.48,3713.45"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1254","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and I, you know, contract sale ends,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3713.45,3715.16"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1255","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and he's lost everything if he doesn't pay me off March 1st.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3715.16,3719.044"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1256","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So he's trying to go through a land bank,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3719.044,3721.09"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1257","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and some other little land that he bought,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3721.09,3722.84"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1258","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"he's a city guy that thought outside investment thing","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3722.84,3725.17"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1259","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"was a good deal.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3725.17,3726.76"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1260","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"He blew it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3726.76,3727.85"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1261","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"(audience laughs)","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3727.85,3730.73"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1262","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e Who's got another question?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3730.73,3732.18"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1263","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Yes, sir.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3733.11,3734.653"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1264","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e I'd like to direct this toward Mr. Walker.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3734.653,3737.612"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1265","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Have you had any experience with the future market,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3737.612,3740.18"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1266","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and if you have, can you tell me in what?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3740.18,3743.326"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1267","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e The future market as such, we've not used.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3743.326,3746.943"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1268","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I mean, it's as far as hedging, so it wasn't a concern.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3747.919,3751.88"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1269","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We had used forward cash contracts.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3751.88,3756.88"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1270","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We had done that.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3757.072,3759.17"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1271","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We've done that in different ways.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3759.17,3760.91"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1272","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"The best deals that may have been basis sales.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3760.91,3765.91"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1273","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Basis reached an unusual narrow basis","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3766.06,3771.06"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1274","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that we made some cash contracts.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3771.79,3773.44"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1275","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"(speaking indistinctly)","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3778.577,3781.91"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1276","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I just this spring got bid out of 370 acres of land","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3782.752,3787.29"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1277","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that we had farmed for 14 years.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3787.29,3789.773"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1278","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"All those years, we had crop share rented","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3792.33,3795.247"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1279","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"this piece of land.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3795.247,3796.83"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1280","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"The owner gave me notice last September,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3797.718,3801.98"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1281","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"asked me if I'd adjust it for him.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3801.98,3804.121"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1282","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I said, you do it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3804.121,3805.591"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1283","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"You know more.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3805.591,3807.098"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1284","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So interested in that alternative.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3807.098,3808.713"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1285","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"He came back about three months later.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3809.581,3812.89"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1286","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Wanted to know if there's anybody around","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3812.89,3813.883"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1287","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"who'd give 130 bucks cash, and I looked around","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3813.883,3815.887"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1288","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and I said I don't see anybody around here.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3815.887,3818.522"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1289","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"(audience laughs)","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3818.522,3821.355"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1290","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"(talking indistinctly)","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3824.34,3827.0"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1291","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I'm not certain as to who'll pay the land,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3827.0,3829.64"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1292","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"but I think it's enough to me.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3829.64,3832.77"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1293","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And I think maybe the young man who rented it is perhaps","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3832.77,3837.77"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1294","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"using a different set of figures than I was using,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3839.37,3841.997"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1295","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and one of those may very well be","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3841.997,3844.25"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1296","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"is hedging the crop, and his willingness","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3845.18,3848.16"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1297","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"to get a part of that to the landlord.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3848.16,3851.033"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1298","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"If this is going to happen, I'm going to have to","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3852.49,3853.737"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1299","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"resharpen my pencil, I think, and use the tool","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3853.737,3857.423"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1300","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that he's using, cause he's 20 years younger than I am.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3857.423,3862.423"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1301","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I don't recall when I was that age,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3864.869,3866.81"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1302","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I also was using a set of figures","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3866.81,3868.76"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1303","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that other people were not.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3868.76,3870.693"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1304","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So maybe I had been here too,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3871.6,3873.765"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1305","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"learning from him.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3873.765,3875.265"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1306","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e Are you saying that your aversion to risk","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3877.58,3880.4"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1307","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"is different today than it was","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3880.4,3882.05"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1308","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"when you were 20 years younger?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3882.05,3884.16"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1309","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e Yes, sir.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3884.16,3884.993"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1310","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e Just different numbers.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3886.17,3887.54"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1311","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e Gill?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3888.383,3889.654"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1312","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e I'd like comment.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3889.654,3890.84"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1313","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I used head and I couldn't farm it out.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3890.84,3893.95"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1314","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I sold most of my crop in December at futures","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3893.95,3896.8"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1315","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"at 3.20, and right now are down to 3.05.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3896.8,3900.3"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1316","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So I will normally have had","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3900.3,3902.52"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1317","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"a 35 to 40 basis, but I think maybe now 50","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3902.52,3905.64"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1318","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"would be more realistic,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3905.64,3906.9"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1319","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"unless we've get it real going.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3906.9,3908.69"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1320","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So I'm happy to sell at 3.20","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3908.69,3910.09"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1321","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and back it off 50,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3910.09,3911.187"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1322","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I sold my crop that hadn't been planted yet","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3911.187,3913.65"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1323","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"for $2.70 cents.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3913.65,3915.3"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1324","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"The reason I liked the hedging in lieu of contracting","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3915.3,3918.74"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1325","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"or basis or otherwise is if Carter or somebody","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3918.74,3921.871"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1326","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"gets a wild herring and does something completely crazy","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3921.871,3924.6"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1327","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"or we get in the war and all of a sudden it shoots up to $4,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3924.6,3927.58"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1328","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I can get out of it and really take the top end of it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3927.58,3930.47"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1329","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Hogs the same way--","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3930.47,3931.887"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1330","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"In the futures, and I picked a $7, $4, and $2 difference","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3957.906,3962.906"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1331","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"on these hogs, and so my average is still high enough","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3963.56,3966.54"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1332","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"on those hogs that I still made it a profit by the price.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3966.54,3971.313"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1333","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And it took a number of years and Dean,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3972.447,3976.29"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1334","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"if anything I would say, I didn't know what hedging","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3976.29,3978.38"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1335","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"was about, it was probably mentioned,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3978.38,3979.76"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1336","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"but I didn't understand or didn't want to,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3979.76,3981.73"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1337","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"but it's so much of a tool that I would like to think","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3981.73,3984.94"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1338","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that maybe you're the kind of these kids out here","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3984.94,3986.66"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1339","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"in the econ classes to have a paper head","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3986.66,3990.3"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1340","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and give him $5,000 on the first of the semester,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3990.3,3993.093"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1341","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and we're going to hedge and see who comes out","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3993.093,3995.02"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1342","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"with the most bucks at the end of the year,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3995.02,3996.56"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1343","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"working as a team or whatever commodity.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3996.56,3999.267"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1344","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"The one that comes out with the most money","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=3999.267,4001.61"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1345","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"gets a Tootsie roll pop or something at the end of the year.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4001.61,4004.52"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1346","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"(audience laughs)\nAt least all you lose","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4004.52,4006.103"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1347","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"is a Tootsie roll pop if you don't make it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4006.103,4007.67"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1348","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e This has been done.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4007.67,4008.76"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1349","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I don't know about the tootsie roll pop.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4008.76,4010.557"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1350","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e Good.\n(audience laughs)","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4010.557,4013.114"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1351","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e There's a gentleman from up there who has a 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like","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4019.63,4022.119"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1354","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"is the emphasis is really on the economics,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4022.119,4024.87"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1355","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that we have enough technology now,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4024.87,4026.587"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1356","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and the more technology we get, the more we produce,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4026.587,4029.65"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1357","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and the price goes down.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4029.65,4031.01"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1358","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Is that?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4031.01,4032.4"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1359","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e I agree a hundred percent.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4032.4,4033.84"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1360","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I was an agronomy major and graduated an agronomy major.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4033.84,4036.51"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1361","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And you know, you put it in the soil, it'll come up,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4036.51,4039.194"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1362","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"so let's take care of the soil and make it grow.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4039.194,4041.31"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1363","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"To give you an example, Treflon was a chemical,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4041.31,4044.02"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1364","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"keeps grass down, man, $90 for five gallons.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4044.02,4047.81"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1365","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We'd run all over the country and try to get it","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4047.81,4050.12"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1366","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"for $89 for five gallons.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4050.12,4052.29"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1367","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And you put on a pint breaker,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4052.29,4053.7"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1368","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"so it made a nickel an acre difference.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4053.7,4055.38"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1369","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Remember that? Big deal.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4055.38,4057.95"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1370","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We get it a dollar cheaper here than we did there.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4057.95,4060.59"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1371","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Now, they don't even care, I don't care what price","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4060.59,4062.82"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1372","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"the chemical is, or the seed corn.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4062.82,4064.78"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1373","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"It's all within a buck or two.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4064.78,4066.67"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1374","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I spend all my time at the desk watching markets","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4066.67,4069.42"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1375","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and charting and everything else.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4069.42,4071.49"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1376","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And ag-business has really has it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4071.49,4073.39"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1377","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"But unfortunately you don't really know","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4073.39,4075.36"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1378","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"what economics and business is about","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4075.36,4077.15"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1379","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"till you're out in that world for five years.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4077.15,4079.467"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1380","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"That's the unfortunate thing.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4079.467,4080.943"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1381","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"If a guy could kind of work and do it","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4080.943,4082.84"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1382","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and you know, sort of spread his college","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4082.84,4084.17"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1383","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"out over eight years or six years, it'd mean a lot more.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4084.17,4086.7"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1384","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So always go back and touch base, go to seminars,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4086.7,4091.383"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1385","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"go to good type seminars, do a charting.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4091.383,4095.26"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1386","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I read books, I charted,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4095.26,4097.065"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1387","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and it wasn't until I put them bucks in","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4097.065,4099.2"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1388","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and started to get margin calls,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4099.2,4100.55"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1389","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I realized what was happening.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4100.55,4102.175"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1390","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"(audience laughs)","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4102.175,4104.05"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1391","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Then you start to really learn,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4104.05,4106.26"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1392","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and then you start to learn the techniques.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4106.26,4108.67"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1393","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Then you go back to seminars","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4108.67,4110.39"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1394","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and talk to Dr. Louis Thomas and Profarmer","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4110.39,4112.937"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1395","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and these people and others that do it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4112.937,4115.147"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1396","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And all of a sudden it's all there.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4115.147,4117.84"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1397","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Everybody uses it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4117.84,4119.09"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1398","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And if you know it, you're way ahead of the pack.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4119.09,4122.103"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1399","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"It's a good point you made.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4123.531,4124.703"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1400","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e I'd like to hear from Mike and have him talk about","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4128.658,4131.116"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1401","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"on the capability of the disaster payments,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4131.116,4135.672"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1402","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"(talking indistinctly).","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4135.672,4139.256"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1403","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e You're referring to small business loans,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4139.256,4141.45"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1404","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"disaster payments, the whole package","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4141.45,4143.4"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1405","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"related to disaster in 1977.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4143.4,4146.28"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1406","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Mike?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4146.28,4147.113"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1407","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e You want to know what they did to help me?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4147.113,4149.226"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1408","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e I want to know how you feel","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4149.226,4150.255"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1409","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"about the capability of institutions.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4150.255,4153.338"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1410","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"(man talking indistinctly)","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4157.115,4160.698"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1411","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e That was a pretty sore subject","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4164.263,4166.1"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1412","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"all over our community when that happened.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4167.512,4169.612"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1413","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I don't know, I was darn small compared","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4174.76,4177.837"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1414","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"to what had happened to the bigger farmer that","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4177.837,4182.16"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1415","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I suppose in a, in God's eye, he had just as much right","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4184.35,4188.178"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1416","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"to the disaster payment as I did,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4188.178,4190.69"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1417","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"but he also had the land behind him.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4190.69,4195.69"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1418","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Now you're talking probably about some people","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4196.38,4198.69"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1419","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that had up to $500,000 loaned to him at 3% interest.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4198.69,4203.513"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1420","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Yeah, that burns my hind end a little bit.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4205.108,4207.859"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1421","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"(audience laughs)","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4207.859,4209.03"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1422","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Yeah, that money there, that 3% to them bailed them out.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4209.03,4214.03"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1423","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e How would you restructure it?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4217.581,4219.506"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1424","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e How would I restructure it?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4219.506,4220.953"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1425","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Make them sell off their land.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4222.09,4223.59"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1426","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"(audience laughs)\nNo, I don't know.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4224.543,4225.376"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1427","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I don't know if anybody's got an answer to that.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4225.376,4228.4"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1428","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e The loan I got was 20,000,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4228.4,4230.54"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1429","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"which helped me get past that year and come up","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4230.54,4235.54"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1430","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"to the following year of 1978.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4236.18,4238.393"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1431","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Anybody else, I don't, the guy that had all that land,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4241.09,4245.26"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1432","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"sure, he was making land payments.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4245.26,4246.66"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1433","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I'm almost positive he was making land payments.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4246.66,4249.32"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1434","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"That helped him get his land payments, that kept him going.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4249.32,4252.27"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1435","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"But some of that money had be turned down","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4253.81,4258.81"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1436","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"to some other people like myself on the smaller end.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4258.999,4263.999"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1437","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"But I sure don't know how you'd go about","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4267.84,4269.45"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1438","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"restructuring it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4269.45,4270.493"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1439","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e Here's where politics comes in.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4272.51,4274.92"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1440","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I had neighbors that were much bigger net worth than I,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4274.92,4279.743"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1441","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that got the 3%.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4280.612,4282.63"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1442","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I was on the edge of it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4282.63,4284.23"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1443","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And I didn't apply because I didn't feel I needed it,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4284.23,4287.076"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1444","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and I could hack it and kind of do a gut thing","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4287.076,4288.55"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1445","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"let's go alone.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4288.55,4289.53"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1446","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So politics, what they did,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4289.53,4291.72"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1447","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and why some of these bigger farmers got it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4291.72,4293.43"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1448","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"They show that year because the cashflow","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4293.43,4295.94"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1449","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and what their debt asset ratio they hedged","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4295.94,4300.43"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1450","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and the bank that went along with them","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4300.43,4301.92"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1451","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and which is unfortunate, and I had been politicking,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4301.92,4305.06"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1452","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and I hope we will have some effect in the future,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4305.06,4307.33"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1453","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"we need to take a minimum of a three-year prior average","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4307.33,4311.11"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1454","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"with these farmers and average that out,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4312.28,4315.3"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1455","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and show what they're financial net worth ratio was,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4315.3,4319.07"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1456","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"so therefore they can't come in one year and say,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4319.07,4321.58"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1457","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I'm broke, and they've got all this behind them.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4321.58,4324.95"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1458","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And so you've got to be on it in politics for it,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4325.87,4328.247"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1459","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and try to get a change,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4328.247,4329.43"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1460","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"because like I went on the ANC loan for grain storage","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4329.43,4334.43"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1461","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and they project, what do you need for storage","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4335.15,4337.64"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1462","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"for two years?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4337.64,4338.79"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1463","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"The government's partway there,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4338.79,4340.314"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1464","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"just saying, you got to have two year's storage.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4340.314,4343.39"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1465","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So why can't they say, okay,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4343.39,4344.71"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1466","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"what has happened to you financially","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4344.71,4346.72"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1467","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"three years before?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4346.72,4347.97"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1468","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"One year doesn't create a disaster.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4347.97,4350.08"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1469","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"If you've had a disaster for three years,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4350.08,4351.75"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1470","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"okay, they won't consider it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4351.75,4354.223"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1471","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e We've got time for a couple of more.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4357.15,4359.22"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1472","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Way up there in the back.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4359.22,4360.838"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1473","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"(man speaking indistinctly)","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4360.838,4363.93"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1474","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e Little louder.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4363.93,4365.12"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1475","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e I'd like to direct this to Walker.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4365.12,4367.774"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1476","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"My dad always says no one can completely rebuild","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4367.774,4371.614"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1477","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"a farm who funded more.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4371.614,4374.048"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1478","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I just wondered if you think farmers who work only small","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4374.048,4376.526"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1479","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and start out better than they are today.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4376.526,4379.943"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1480","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e You asking hard questions.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4381.66,4383.06"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1481","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"That's all related to your temperament, I think.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4386.89,4391.843"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1482","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"It's a challenge to me.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4393.15,4395.27"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1483","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"That's the big thing thing about it","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4395.27,4397.5"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1484","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"is putting the thing together and making it work.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4397.5,4400.34"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1485","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I get a lot more kick out of that than I do","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4400.34,4402.87"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1486","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"keeping the thing going.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4402.87,4404.862"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1487","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"You're asking if it's a new challenge for me.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4404.862,4406.29"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1488","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Yes, this is my particular temperament.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4406.29,4408.373"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1489","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Other people are not necessarily constituted that way.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4409.848,4413.253"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1490","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"That brings me to a point on the farm size","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4414.454,4418.89"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1491","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that we had to make a while ago.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4418.89,4423.32"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1492","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"That's one of the great things about agriculture.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4423.32,4427.316"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1493","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"One of the things that attracts me to it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4427.316,4429.366"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1494","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"You could make it however you like it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4430.63,4432.613"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1495","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"If 80 acres with a 40 acre hog house","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4433.81,4437.11"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1496","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"is what you want, you can do it that away","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4437.11,4438.77"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1497","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"or you can go any way you want to.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4438.77,4442.723"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1498","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I don't know how many other ways,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4444.509,4445.77"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1499","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that's one of the great things about it,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4445.77,4448.809"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1500","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that it depends on you.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4448.809,4451.034"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1501","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"How I feel about it or look at it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4451.034,4454.597"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1502","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e Yes, sir.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4454.597,4455.576"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1503","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e You of course mentioned the 80 acres, 40 acre hog house.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4455.576,4460.155"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1504","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"How does the bank stand behind you","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4460.155,4462.867"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1505","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"on the side or work against you","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4462.867,4465.13"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1506","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"when you're pouring everything right back in","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4465.13,4468.233"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1507","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"to the livestock, including crops,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4468.233,4471.849"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1508","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"(man continues talking indistinctly)","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4471.849,4476.266"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1509","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e That used to be one of my questions too.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4483.371,4485.471"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1510","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I didn't take it as part of my banker.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4487.112,4491.4"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1511","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We didn't have a, that's about a 1,500 a head","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4491.4,4496.24"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1512","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"to finish the operation","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4496.24,4497.95"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1513","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"with the capacity to do more than that if we so choose,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4497.95,4501.367"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1514","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"but you made a good point there,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4502.96,4505.273"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1515","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that it seems that any hog operation","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4505.273,4510.273"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1516","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"has to have some kind of a land base,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4510.34,4512.793"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1517","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and it might not necessarily be","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4513.808,4514.693"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1518","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"a 40 acre hog house on 80 acres.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4514.693,4517.1"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1519","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"That's certainly right.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4517.1,4518.25"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1520","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I did eventually enter the hog industry","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4520.55,4522.77"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1521","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"because it's generally probable.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4522.77,4525.203"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1522","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And I tell you my philosophy on that part of our operation.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4527.91,4532.313"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1523","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I use a number of young men, two to three,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4533.32,4538.32"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1524","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"besides myself most of the time.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4538.7,4540.523"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1525","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We do our fair lead, which is our peak load","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4541.72,4545.47"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1526","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"in the hog business of course,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4545.47,4547.24"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1527","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"we do that throwing off season from the crop,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4547.24,4551.42"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1528","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and in that regard we have 94 crowd rates.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4551.42,4556.103"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1529","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We do the throwing from December through February,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4558.729,4561.57"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1530","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and then again June through July.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4562.905,4565.643"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1531","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And this takes our handy workload from that","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4566.57,4569.04"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1532","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"during the off season from the crop,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4569.04,4570.727"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1533","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and this helps us, it helps me pay my help,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4570.727,4573.293"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1534","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and helps to give them meat to the point","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4574.152,4578.476"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1535","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"of their need in the off season.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4578.476,4580.87"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1536","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"As far as the health situation,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4580.87,4583.373"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1537","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and this is something that I feel strongly too with,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4584.773,4587.24"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1538","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I have structured my help along these lines.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4587.24,4591.513"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1539","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I like to hire young men who have as their goal","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4593.193,4598.193"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1540","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"to eventually farm for themselves.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4598.81,4600.523"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1541","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I do not want them to stay very long with me,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4601.44,4604.403"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1542","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"three, four or five years or something of this nature.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4605.59,4609.0"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1543","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I want them to be of the kind to have initiative,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4609.0,4613.07"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1544","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"the risk bearing ability, and willingness","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4613.07,4616.04"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1545","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"to pick up in any case for example, the hog operation.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4617.006,4622.006"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1546","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I want you to pick that thing up and make it go for me.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4622.47,4625.533"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1547","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Along those lines, we've had some good ones.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4626.41,4629.505"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1548","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I have a good one right now","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4629.505,4630.789"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1549","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"who I've had since last June.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4630.789,4632.98"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1550","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Gary Newhouse, some of you may know him.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4632.98,4635.714"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1551","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Graduated in animal science, and presently is working","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4635.714,4639.373"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1552","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"towards another one.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4639.373,4641.04"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1553","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So, there's that.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4642.375,4643.792"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1554","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e How about the financial?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4646.01,4647.09"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1555","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"What does a banker say, or what's a banker gonna say to you","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4647.09,4651.29"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1556","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"when the prices are down and you're aren't bringing in money","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4651.29,4654.489"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1557","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and it's the closest it's gonna be costing you money","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4654.489,4657.421"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1558","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"to keep him partway enrolled,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4657.421,4659.436"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1559","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"you got a lot of money invested, but nothing's coming in?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4659.436,4663.037"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1560","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e You mean in my operation?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4663.037,4664.621"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1561","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e No, in a smaller operation,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4664.621,4667.53"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1562","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"where I'm sure everything is poorly engineered,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4667.53,4669.407"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1563","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and in the market, everything is going to the left side.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4669.407,4672.823"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1564","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e Well, this depends on the,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4674.145,4676.757"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1565","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"to exactly answer that question,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4678.586,4679.419"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1566","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"it depends on when you first started","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4679.419,4681.993"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1567","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and whether you did feed more part than you raised.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4681.993,4685.05"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1568","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I've been there.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4685.05,4686.6"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1569","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"That's what you're talking about?","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4686.6,4689.519"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1570","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"The hog area as we know, we hope,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4689.519,4692.269"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1571","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"usually makes us an average of about $200 in feed returns,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4697.32,4700.973"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1572","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and we're just doubling the value feed is being put into it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4702.44,4706.113"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1573","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And I suppose with enough volume,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4707.549,4710.21"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1574","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that should keep you afloat.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4710.21,4712.66"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1575","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"But there are times like right now","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4712.66,4714.443"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1576","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"where this isn't happening.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4714.443,4716.98"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1577","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We sold 272 headed butchers two weeks ago at 36.50","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4716.98,4721.98"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1578","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and one year to the day, before we sold,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4722.02,4725.37"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1579","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"it was large number at 52.75, some $33,000 difference","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4725.37,4730.37"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1580","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"on that one little much of hogs.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4731.75,4733.113"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1581","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"It makes you scratch your head","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4734.421,4735.71"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1582","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"with if its all worthwhile.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4735.71,4737.78"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1583","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I think probably those offers still maybe bring me","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4737.78,4741.48"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1584","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"$3 a bushel for my corn,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4742.357,4744.323"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1585","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"but it might be that you had to live on that report,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4747.1,4752.1"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1586","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and pressing in, I'm quite sure it wasn't exactly","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4752.952,4755.713"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1587","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that they signed the mandate for those hogs.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4755.713,4760.444"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1588","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e One more question.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4760.444,4761.828"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1589","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"All right.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4761.828,4762.67"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1590","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e I'd like to address this to all three,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4762.67,4764.71"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1591","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"because they are hog producers.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4764.71,4766.69"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1592","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"This has to do with the structure,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4766.69,4768.95"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1593","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"how you see some of the larger operations,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4768.95,4771.21"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1594","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"especially receiving the sows, like Tyson,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4771.21,4773.29"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1595","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"who's part of a million hogs a year,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4773.29,4775.57"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1596","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"this was beyond our wildest imaginations in the Midwest.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4775.57,4779.51"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1597","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And a lot of farmers use this to get their sons","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4779.51,4781.87"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1598","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"into the operation and as a means of getting cash flow,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4781.87,4784.26"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1599","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and they're a kind of a steel beam","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4784.26,4786.48"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1600","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and knockout people nearside.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4786.48,4787.82"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1601","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I wonder what you see is that is indication","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4787.82,4790.53"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1602","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"for structure of agriculture.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4790.53,4791.78"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1603","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I'd like all three to talk about that.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4791.78,4793.64"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1604","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e Well, I decided not to fight him and join them,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4793.64,4795.44"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1605","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"so I got five guys together","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4795.44,4796.587"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1606","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and we formed a soft corporation.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4796.587,4798.91"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1607","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I wanted to get out of the fair-owned business","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4798.91,4800.88"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1608","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and so I got in there and I could just expand it","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4800.88,4805.81"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1609","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"at home too.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4805.81,4806.86"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1610","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I'm not concerned about that anymore","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4806.86,4808.5"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1611","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"than I am the corporation, because again,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4808.5,4810.3"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1612","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"the tightly knit group with your labor","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4810.3,4814.075"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1613","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"is always going to be the most productive.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4814.075,4817.17"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1614","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And I see a great future.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4817.17,4818.65"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1615","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"As my records have shown for the last 20 years","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4818.65,4821.47"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1616","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"in farm business associations throughout Iowa state,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4821.47,4823.41"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1617","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"the hog producer has always netted the greatest return","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4823.41,4827.29"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1618","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"per dollar invested.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4827.29,4829.26"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1619","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And I see two operations in our area,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4829.26,4831.55"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1620","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"like this fellow had said up here","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4831.55,4833.46"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1621","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"where he and the wife or one or the other has worked.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4833.46,4837.895"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1622","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"You have to have a heck of a bigger hog operation","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4837.895,4841.499"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1623","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"if you're going to be employed all day long.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4841.499,4843.699"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1624","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And so secondly, I'd make the point is","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4844.62,4848.36"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1625","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that there is more than one bank in your community","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4848.36,4850.89"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1626","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and sell your credit.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4850.89,4852.883"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1627","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Don't stick just because dad's been at his bank","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4853.84,4856.07"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1628","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"for 20 years.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4856.07,4856.903"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1629","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"You go out and sell your credit,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4856.903,4858.45"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1630","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"you sell yourself, and being on a door for several years,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4858.45,4862.56"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1631","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I can guarantee that we stuck with the tigers","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4862.56,4865.86"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1632","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that honestly have said we're going to make it go,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4865.86,4868.47"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1633","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and you show him something's going to happen,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4868.47,4870.017"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1634","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and you want to make it happen.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4870.017,4871.567"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1635","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e Yeah, I have to agree with Gill.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4875.073,4877.17"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1636","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I don't think your big operations that are coming up","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4877.17,4880.89"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1637","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"are going to affect the size of my operation at all.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4880.89,4883.733"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1638","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"It's whether or not you want to put in the bucks to try it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4884.953,4888.573"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1639","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I'm president of my Story County Pork Producers,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4891.63,4895.093"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1640","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and I tell you, we go out and promote pork","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4896.33,4898.85"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1641","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"like you can't believe.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4898.85,4900.143"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1642","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Since I've been a member,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4901.95,4903.862"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1643","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"we've increased our memberships roughly 40% to 50%.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4903.862,4908.4"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1644","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And that's just been in two years.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4908.4,4910.413"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1645","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"As long as we get the people to purchase the product","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4911.36,4914.53"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1646","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that we're pushing, I don't see any reason","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4914.53,4917.92"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1647","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"why you can't go out and form a pig corporation","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4917.92,4920.37"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1648","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"as long as you've got the management","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4921.62,4923.97"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1649","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and the know how to do it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4923.97,4926.04"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1650","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"It's not gonna affect my operation at all.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4926.04,4928.75"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1651","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"If anything, it will probably help my operation","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4928.75,4931.49"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1652","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"in the long run.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4931.49,4932.323"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1653","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"It'll put more meat products on the table","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4934.272,4937.0"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1654","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and enhance will increase the checkoff funds","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4938.8,4941.45"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1655","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"to the state organizations in the country,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4941.45,4944.07"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1656","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"which in turn increases your output on the promotion","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4944.07,4948.3"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1657","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and the sales of pork products.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4948.3,4950.223"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1658","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e Also not really concerned about those people.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4955.65,4958.23"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1659","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"They have their 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that","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4980.16,4982.15"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1668","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"one of our delegates is a young man in his early 20s,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4982.99,4987.17"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1669","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"he's got a 160 acre farm which is rough,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4988.802,4992.81"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1670","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and 70 tillable acres he told me.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4992.81,4995.423"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1671","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And he, I just, I'm already speaking to","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=4996.95,5000.627"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1672","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"the other question back there, but this young man","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=5000.627,5003.13"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1673","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"is in a situation like you're talking about,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=5003.13,5005.9"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1674","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and we were talking about the thing","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=5005.9,5007.25"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1675","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that had to occur by the time","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=5007.25,5010.612"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1676","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"we sold this big bunch of hogs at 36.50","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=5010.612,5012.72"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1677","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and he was somewhat apprehensive about the whole thing,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=5014.63,5019.593"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1678","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and then he told me that he had thought","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=5021.2,5023.77"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1679","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that if he had raised from start to finish,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=5023.77,5026.52"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1680","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"a thousand hogs a year, he could make her go,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=5026.52,5028.94"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1681","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"but he was beginning to question it,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=5028.94,5030.74"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1682","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and it's partly because of the small crop days","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=5032.8,5035.47"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1683","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"when he's buying corn and so forth.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=5035.47,5037.263"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1684","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So I don't know what the answer for beforehand is","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=5038.23,5041.383"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1685","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"if he can't tell whether it was true","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=5041.383,5043.66"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1686","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"until the next time around,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=5043.66,5045.093"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1687","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I have an idea that I hadn't explored with it,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=5047.23,5050.013"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1688","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"because I needed help for crop work.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=5051.006,5054.07"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1689","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I have given some thought to making a deal with him","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=5054.07,5059.07"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1690","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"whereby he can continue with his livestock enterprise","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=5059.75,5062.79"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1691","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and help me with my crop enterprises.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=5062.79,5066.17"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1692","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Might be one answer for him as an individual.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=5066.17,5069.283"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1693","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Also for me.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=5070.405,5071.833"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1694","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"\u003cstrong\u003e -:\u003c/strong\u003e They say the time to quit is when everybody's interested,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=5074.36,5078.88"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1695","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and everybody's interested, and it's nine o'clock,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=5078.88,5081.67"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1696","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and I got instructions from the ag council","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=5081.67,5084.16"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1697","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"about when I was supposed to tell,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=5084.16,5087.169"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1698","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"the ag business club about when I was supposed to quit.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=5087.169,5089.45"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1699","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"It's nine o'clock.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=5089.45,5091.03"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1700","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"But I would, before we turn this off,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=5091.03,5093.15"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1701","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I would like to thank our panelists","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=5093.15,5094.9"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1702","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"for taking the time.\n(audience applauds)","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=5095.871,5100.871"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1703","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"One thing that came through loud and clear,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=5108.28,5110.73"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1704","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"there is no one answer on how to do it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=5110.73,5113.207"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1705","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And I think this is what one of the big things","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=5113.207,5115.523"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1706","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that they were trying to tell us is it.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=5115.523,5118.29"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1707","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Also, I like to make an announcement.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=5118.29,5120.45"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1708","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Governor Ray will speak here next,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=5120.45,5122.81"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1709","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"a week from tomorrow at 12:15,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=5122.81,5124.84"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1710","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"at the Benton Auditorium in Sheaman","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=5124.84,5127.45"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1711","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"as part of Ag Week and Ag Day at Iowa state University.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=5127.45,5131.49"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1712","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We invite you all to come,","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=5131.49,5133.474"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1713","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"the ag student council is sponsoring him","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=5133.474,5135.5"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1714","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and they're paying me big bucks to make this announcement!","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=5135.5,5138.41"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1715","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So come on out\n(audience laughs)","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=5138.41,5139.848"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1716","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"so I have my money!","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=5139.848,5141.446"},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1717","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Goodnight all.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=5141.446,5142.613"}]},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772","type":"AnnotationPage","label":{"en":["English [Transcript]"]},"items":[{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29772/annotation/1718","type":"Annotation","motivation":"subtitling","body":{"type":"TextualBody","value":"https://d9jk7wjtjpu5g.cloudfront.net/file_transcripts/associated_files/000/029/772/original/AV168129_The_Farming_Future_a.vtt?1624893747","format":"text/vtt","language":"en"},"target":"https://d9jk7wjtjpu5g.cloudfront.net/file_transcripts/associated_files/000/029/772/original/AV168129_The_Farming_Future_a.vtt?1624893747"}]},{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29773","type":"AnnotationPage","label":{"en":["AV168129_The_Farming_Future_a.txt [Transcript]"]},"items":[{"id":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443/transcript/29773/annotation/1719","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"- Good evening. It's good to see so many of you here and I'm really pleased to see some of the people that aren't students here. Mr. Wallers, Carrie and John Meeks, Deb Stoneberg, Play Harmon, is good to have a few of you folks here also. Yeah. We would like to, if it's okay with the audience, to have our guests visit and talk a little, about 15 minutes, about what they see as they look into the future of agriculture on a wide variety of topics. Size of farms, energy shortages, uncertainty, prices, structure of agriculture as they look into the 1980s. After they've made their presentations, then we'll have an opportunity to question them. And there's a small group down here in front that are just anxiously awaiting the opportunity to question them. So if that's okay, and if it's agreeable with the panel members, I'll start on this end and ask Bob to start out, then go to Mike, and then go to Gill, okay.\r\n\r\n- I don't think that's fair.\r\n\r\n- Well, fair, that's the way it is.\r\n\r\n- And that says a lot about agriculture that I think that's the way it is. We started farming in 1961. Tell you a little bit about that. I don't know how to tell you about how we started without perhaps seeming to brag a little, and all of you, I know read that, when you get started farming these days is to either have one in the family or perhaps marry one, but after four years here at Iowa State, in a short stint in the US army at Fort Leonard Wood, Missouri and three years in the extension service in Iowa County and other shorter stays and other counties, we rented a 240 acre farm on a stock share lease in 1961. And that's how it started. We had, we moved to Marengo, Iowa in January, 1958 so some of you boys and girls who were born about that time, that seems like a long time ago, I know, but that's when we started, in 1958. We had two cars and that spring I sold one of them for 180 bucks, and that's about where we started. In 1961, we moved on to this rent at 240, stock share, and did that for three years. And then we rented an additional 80 acres 10 miles away. And in 1961, that was an unheard of thing that you did not drive 10 miles to farm anything. That was impossible. And the thing grew until 1968, we had 1200 rented acres, still raising some hogs along the way. And in 1968, we bought 160 acres. That cost $500 at that time. That's--\r\n\r\n- Aren't you glad you bought it then?\r\n\r\n- It seems like a good idea now. And then the thing has grown by leaps and bounds since then until we've remortgaged every step and all these other things that we do until today, we own 2000 acres and still rent some additional land. Where are we going from here? I have no idea. I had no idea where we were going when we started out, except that we were in headed in some direction. And this is one of the important things about the whole thing, I think. As far as the farm size is concerned, the family size and all this, that, and the other, I've heard that one thing about it and another, at any point in time, someplace along the line, you could have classified us as any one of those, you see. That's why I've gone into that somewhat. 1968, we bought the first 160 acres. At that time, the farmers home administration would lend you $60,000 at 5% interest on a farm ownership loan, it looked like the best deal around so we pursued that. And at that time we were not a family farm according to their guidelines. And so we could not avail ourselves of those resources and went to the metropolitan life insurance company. And we were pretty well mortgaged to them to this day. I'll tell you that. That's beside the point, but it's use of capital as you see, what I see about expansion, I had some thoughts on that thing this winter, we have been, as I see others around us, what I sometimes call the expansive farm operation. And I wonder sometimes, especially this past year, if perhaps at least currently the time of the expensive farm operation might be at an end. And this my thinking is partly because of the problems of equipment, equipment size, equipment technology the problems of personnel, personnel management versus maybe my own shortcomings. My inability to deal with those problems as effectively as I think they should be dealt with. I still have that question in my mind. We've also been lambasted by Mr. Berdlin's structure of agriculture dialogue that I'm sure all of you are aware of and familiar with and in his structure of agriculture dialogue, perhaps I read between the lines, but I do not like part of what I hear. He seems to lambast people such as myself and in some ways we're SOB and so on and so forth. I did not appreciate that at all. It seems to me that if we create a climate in which what we have done cannot happen then we have taken from it something very vital to it. I very feel very strongly on that point. That's a part of the substance of not only American agriculture but America itself. For instance, I could own half of General Motors and nobody would care. We could raise 20,000 hogs. Nobody would care. But if we own a little too land, you see, this as sacred, and somebody cares. What do I see on energy? High priced diesel fuel. This, in years past, has been a matter of a few dollars per acre. It's is getting to be quite a major item in our expenditures on the farm. I don't know what the answer there is. I see no immediate alternative for agriculture but the continued use of diesel fuel, the, all the rhetoric about alcohol and agriculture, I don't know. I do not see in my operation a place for an on-the-farm alcohol plant. It seems to me that it takes great amounts of technology and capital to make this thing work, and I really don't see it as a place for me at this time. That's my view. There's a lot written about, for, and against it. Wonder if maybe I quit and let somebody else talk.\r\n\r\n- All right. Mike, would you want to continue and give your thoughts on these areas or other areas that you might think of?\r\n\r\n- Okay. I was once sitting right up there in those chairs where a lot of you people are sitting tonight in 1968, '69. Preferably in '69. I dropped out of school in let's see, the winter quarter of '68 to take a job because I didn't think I was going to hack it, going to school after I graduated out of high school. I had the grades, but I wasn't ready to go back to school yet. So I quit in the winter quarter to find a job. Okay, I worked a year in an agricultural background, more or less a farm elevator. I learned some aspects of agricultural background through there, along with being raised on a farm, so I tried to apply this to my abilities when I decided if and when I want to go back to school. Well, that chance came again in the winter quarter of '69. When, instead of going ahead and sign up for a two or a four year program, I decided to try the winter quarter short course, and lo and behold, Uncle Sam got ahold of me before I got through with the winter quarter. So there again, I spent some time. I had a two year hitch in the army, came back from Vietnam, decided then that I could use the four years of free schooling that Uncle Sam obliged me to take. But then again, I got to thinking, what happens if my opportunity comes up to go back on the farm? I waited one year and the opportunity came when my father decided to call it quits. He didn't retire. He was in one of the depression times I guess you would call it back then of when you could only get a buck a bushel for your corn, and three, three and a half for your beans, and he was getting tired of it. So he just said to heck with it. That's his own personal prerogative. If I had my way, I think I probably would have stuck with it but I wanted to go back on the farm, preferably with my dad, but he decided otherwise, so I went ahead and took over the farm, which he did not own. It was all crop shared. So that's how I started back in the spring of 1972. So I decided to go ahead and use Uncle Sam's schooling, so I went to night school with the veterans vogag school. I used my four years up. Still haven't got my degree, I've got so many accredited hours, and that's all I'll probably ever get, but I'm glad I had the opportunity to take the chances that I had before I started farm, because they've helped me. The background that I had after the service, let me know, helped me to know what was going to come ahead of the future of me. My dad had 320 acres that he rented, but when he dropped out, so did some of the land. So I was left with 180 acres to try and get started on. I went ahead and bought his machinery, which was pretty well played out, tried to go to a bank first to get the loan, and they turned me down because of my inexperience. I was still young. I was only 21. So I turned to outside help. I finally had to go with farmers home administration, which is a good, interest wise right now, place to go. It was back then. It still is now, I don't think anybody can probably beat it anymore. I'm still hooked up with FHA. We've expanded through FHA, and I hope to expand probably down the future with FHA, but I'm not saying that's the total place to go. If the opportunity's there, go ahead and take it. So we started out with 180 acres, and we decided that that wasn't quite going to be enough. So we decided to go ahead and diversify it with a quick cash flow program, which was mostly with the hogs. So we got started in hog business with FHA too. And from then on, it's just a gradual buildup before we'd gone from then. We picked up another 140 acres in '74, which increased our cash flow on the crop side. And we'd been there since 1974. I've increased the sow herd 30 or 40 sows, and that's just about it. We're right now it's 70 head a sow and we're going to keep her there I think for right now, until we get our feet back on the ground again, because 1977, we had a pretty good sized drought run right through my area, which I didn't have any bushels of corn. Beans averaged 18 to 19 a bushel. So the cash flow for that year was all but nothing.\r\n\r\n- Negative.\r\n\r\n- Negative, nothing. Just wasn't anything there. And when you got, back then I had buy $15, $18,000 worth of notes coming at the end of the year. It wasn't there. I could have called it quits, but I didn't want to, my wife didn't want to. So we went ahead and went into debt some more. And I'm still in debt. As far as this year comes, I dunno. Sometimes I envy Bob and Gill here, because they do have such a large farm. But in other times I just say, boy, I'm glad I'm not that big. I was raised on a small farm. I really don't have that desire to be that much bigger than what I am now. We have started a family. I have a girl and a boy, eight and four, and maybe one of these years, we'll probably try again, and see if we can keep raising the family. But to me, I just assume have more kids and bring them up on a family farm. Because if most of you are from a farm background and it is a good life, I don't think there's any denial there on anybody's part. But the farm size situation has really really got me worried as far as where I'm going to be 10 to 15 years down the road where I'm talking in my mid forties. I don't know if I can survive on a 300 acre farm and still have the opportunity to bring in my family or my kids so to speak, if they want a turn and go to farming. There's just no alternative there to make it work on crop acres. And I sure as heck can't go out now and buy a farm at today's prices with the way that inflation has got us by the heels. And it doesn't look like it's going to get too much better before long. So I'm just up in the air. Right now, I'm under the size for the average farm. I don't know what the average size is, around 400 some places in there. I think it's where it's at. For the average family farm. If the prices on the market that we have today aren't stabilized shortly, whereas we can turn a profit, something's going to be coming drastically in the future. I don't know what's going to happen, but something's got to happen. Something's got to give someplace. An average farmer can't even go out and borrow, and keep borrowing and keep borrowing and keep borrowing. Somebody's going to shut him off. He's going to be left with a flagpole in his hand. There no place to run it out to. He's going to have to start shoving this off, shoving this off, and the foreign investors come and see this. They say, oh, this is my opportunity. And this is where foreign investors are going to start grabbing a lot of these land shares if something isn't put onto it right now. I don't have that worry. Bob might have that worry, but I don't have that worry right now. Later on, we might. So I don't know. I've been here for eight years, but like I said, I don't intend to get too much bigger, strictly because I just don't want to. I'm satisfied where I'm at. I'll take the good with the bad. We'll pencil it out. We'll make it come even, and I won't have to pay Uncle Sam any taxes.\r\n\r\n- And I know Bob, he touched on a subject about farm fuels. Diesel fuels doubled 50% from last year. When you start putting this diesel fuel back in your operation, it just gets higher and higher. It's just increasing your cost all the way around. Sometimes I think costs are tripling even before they even get to your checkbook, because you just can't seem to make ends meet. So I dunno, I think maybe down the road there is probably a fuel of the future. I don't know what it's going to be yet. Of course, everybody's been hearing about grain alcohol and use the corn byproduct, and that's one alternative and three or four years, three, four, five years down the road, it may seem realistic anymore, I don't know. It's just, I hope some of you people out there have the answer. I don't know. But it's nice to be here, and I hope you have some questions later on. I'm sure some of us up here will try and answer as good as we can. Okay, Dean.\r\n\r\n- Personally got 2500 acres, got the rationale, commitment and an idea as to why he wants to be there. We've heard from somebody with 320 acres, this is where I am, this is where I want to be. Got quite a bit different in their approach to agriculture. Mr. Stanek has about a thousand acres. He's the furthest northwest of the three of them. He's got the coldest winter, so Gill, it's all yours.\r\n\r\n- I think maybe we should give people some time to rebuttal. You notice that I'm the oldest one on the panel. I had my glasses ready because I can't read my notes. I graduated in '54, back in the old days, that's when actually the dirt in the air was clean and now it's just the other way around. And I think back, we were trying to do things and can't open anything and the blacksmith heated up this horseshoe and he had it all shaped, red hot, laid it down, and it was cooling when this Iowa farmer came in, mosied around, he picked up this horseshoe, and it was red hot, and then dropped it right away, and put his hand in the pocket. And the blacksmith says, \"kinda hot, ain't it?\" The farmer wouldn't admit it. And he said, \"Nope, just don't take me long to see a horseshoe.\" I'll try to be fast, I'll try to be more specific and maybe try to work around and bring together what the other two fellows have said, instead of giving you the background of my operation, I'll try to project ahead using some of the experiences and feelings that I have in regard to what you might be able to absorb and even challenge you in the future. When I was leaving college, all I ever heard about is that you'll make it in farming because you have to feed the world and look where we are now. We're talking, I'm in my 24th year of farming and we still have starving people in the world and they still have embargoes and we still have all the surpluses. So what happened to all this lucrative farming business that I was going to get into? We had it along the way, and we had to take the opportunities and make it work. The one thing they didn't tell us in our economic classes is that there was a nutritional demand in the world and there's an economic demand, and they were always talking the good side being the nutritional demand. But somehow we learned in the real rural world that they didn't have the money to buy it or there wasn't the economic trade, and so economics is very real, and I hope you folks out there recognize this. And they enter into the political scene and recognize this and work with it when you get out into it. I like to give you some of my philosophies on trends. I feel that we're, in the last two or three decades, we were in a technological era whereby we really grabbed the technology and I felt I was proud and happy to be part of it. We didn't give a hoot about resources or costs. We just grabbed it and ran with it and everything was uphill and it really materialized. You really couldn't make too many wrong decisions. And now things are starting to slow up and get tight, and we've got to back off and see what it's all about. And so I feel we're coming into a new era and I call it the structural era, where we have to structure our business. We have to structure it so all the variables that the government is throwing out. We have to structure it to all the variables and financing and marketing and all the foreign trends that are coming at us. And we have to be wise and more just than our own field. I understand Dr. Tweeten, who was here earlier, said if we can have a stable economic situation, then we'd have a strong business, and this is true. I feel ownership will go more in the hands of someone other than the operator. There has to be money coming in, this outside money. If it isn't your money, it's going to be either dad's money or your father-in-law's money, or brother's money pooling it together, or the outside investor, be it private, public, or some other way. And the fellow or the parties that have the money invested in the operation are going to wish to have more control and more say in that operation. And that's going to be significant. So I feel it's very important and it will be necessary that the commercial farm operator, operations I should say, which basically are controlling 70% of our output in the United States will be a corporate structure. So you'll have three corporate structures. You'll have the public, whereby you can be trust or going on the board or this type of money. You'll have the private type of an investor where you have a doctor and lawyers or a few people get together which I was still called private, or you'll have the family farm corporation, but I feel that a corporate structure is going to be very significant in the future for reasons I'll point out later. But the family structure corporation is going to be the strongest and it will be the least costly because normally you have the inputs. You already have some land and yes, you have some debts which you can put it into the corporate structure to start retaining this capital and do things with it that, again, I will point out, I assume that Dr. Neil Howard pointed out when you had him as a speaker. So basically, boiled down with a family operation, have the desire and the management to compete for the dollar. Let's recognize that all this land that is now here is going to continue being farmed. So who will do it? So can a family farm compete? So I feel that the family farm can meet this competition but there's five points that in my mind, I would say is important to determine whether or not the family farm can compete. I feel it's important to have a long-term strategy. And this strategy would be with yourself, your family, and also with your counsel, I'm talking legal counsel. And I am talking to your financial counsel and I'm talking any other consultants you can have. You must have a long-term strategy. We were able to slough along, and I think Bob would agree, and myself. I never had anything, we're just going to own land that came up and we could afford it, okay. But I think anyone coming out into this world anymore that's going to get into business has to have a strategy. One of the biggest faults that my wife and I recognized after 15 to 20 years of marriage is that we didn't have the same goal. And it was really rough in our marriage. And I'll point this out later as far as basic social philosophies, I think it's important for you. Budgets. You need a budget. Man, that's all important. Budget and cashflow. You've got to follow it and you have to understand it. You have to project it. If nothing else, it's forcing you to say, where am I putting my bucks? Where am I going to get it to take care of? And Mike was pointing this out and Bob and I are in debt and we still have this same problem, it's perpetual. The good news is it's tax deductible, and you use leverage and keep it going this way. Unfortunately, Mike started later and didn't have the base and wasn't able to develop a base in the cheaper days. And so therefore it's really tough. And you're going to have it tough out there, dad isn't out there helping you somewhere along the way but you have to be flexible. Don't get out there and say, I'm just going to do this, and then stick with it and aren't flexible to change your cropping or your livestock program. The third point, I feel you have to learn to mark merchandise. And that means including buying your inputs. Merchandising is buying as much as selling and of course, in selling your products. But one thing to remember that I don't think you would recognize because I didn't recognize it for about 15 years and that's if, when you borrow money, you are actually selling your credit and the lender is buying your credit. So your merchandising are actually selling your credit. You go into a lender and say, I want money. I'm selling my credit to you. And the lender is buying your money or buying your credit just like he would go out and buy a federal funds or something in the bank. So you were selling your merchandising credit and believe me, credit is all important when it comes to leverage and expansion of your operation when you're a business. And there's no way you can compare your business if you're going to the farm operation compared to a salary. It's an entirely different thing. So credit is something that you are selling, and remember that. The fourth thing is that you must learn to reduce your financial risk. I don't know how extensive they go into it anymore, but I never even heard of it when I was in college, and that is hedging. Various contractual arrangements, contractual for land purchases, contractual arrangements for distance selling or pricing later and all the other ramifications and the problems that you have with this type of thing. And then, also, yes, you must conserve capital by estate planning. That's the fifth thing, if you're going to compete. If you make those dollars by golly, you've got to hang on to them. And I stress this. I'm on a board at the bank and I stress exclusively, I bought trust. All of a sudden farmers are wealthy, and they don't know what it's all about. And so they aren't making any plans for it. And I'll tell you a pathetic case, and I stress this to young people that don't have a penny in their pocket that they're probably working in the dad's operation, and I saw it happen. I think you young bucks, woman or man, should have a will soon after you're out of school if you're in your dad's operation, and here's a case in point. Dad and son were going to a farm sale. Dad was killed in a car accident and immediately and the son died a week later. He had no will. Dad's will said that my son is going to get a great portion of the farm and all the assets, the son did not have a will to receive this wealth, and so the state got 80% of it. So anything, you have a will and say, any property that I will now have or die seized. A little two words. Die seized. That you will seize upon death. Have a will to receive this worth that your folks might have. And if any other second thing is if you have children, you have nothing else, have a will, and who's going to take care of the kids if you and the wife-- yeah, we'll have it and will be buying it in here but insignificantly, I still feel that the next door neighbor is going to be your biggest competitor and he will be in the strongest position to be picking up these eighties and a hundred sixties type of things. You might have foreign buyers coming in one area, and create all kinds of havoc in that one area, and then these people will move out probably. But there'll be enough older people to sell out in a given area and I don't think it will have an appreciable effect on total land values being out of sight. Now I'm going to give you a real economic professor's definition that I've written up. What size farm? This was a question it was written by Bob Busher. What is the right size farm? Well, I'm even gonna put my glasses on to get all the words in this one. I feel the right size farm is the size of a farmer with or without his family is capable of managing with adequate income to satisfy their economic and social desires. Now, let me break that up and tell you what I mean. The size of the farmer with or without his family is capable of managing. When I say, without, my situation, my wife couldn't care less about the farm or operation or anything about it. If you said if I was a doctor, a lawyer she wouldn't have to know anything about my business. So why should I expect her to know anything about my farm business? So basically I've expanded without my family in it. Sure, the kids grew up and my boys helped, but they have never been really a full part of it. If you are with the family where everybody's gung ho, and they're all out fairing the pigs and plowing and working in the fields and all that thing, great. Then you work with the family. So I'm saying with or without. Sort of another little point. How many of you guys out there have a gal that really is far more oriented and wants to go gung ho with you on the farm? They aren't always out there. ERA and all that has a real deal. There's more farm people that are really getting divorced. I got a lot of farm couples. My wife and I went through a traumatic crisis for about five years when I expected her in the traditional role that you will love farming. And she was strapped in with the kids, and she didn't like the farm aspect. She wanted to be a career woman in a big metropolitan area. And here she was socked in. We right outside of the edge of Fort Dodge and she could do everything she wanted to do and no problems with money, this kind of thing, basically. But she wasn't able to do her thing the way she wanted to do it. I have a number two son who might come back to the farm and I'm saying this to him, hey, what about your gal? You think she might like farming? And he's, you know, they talked about it and he said, how do I know? That's true. How does he know? My wife's dad cautioned her. Hey, when you live on the farm, it's a little bit different. And you might have longer hours, and you might not like that smell. And he was right on all accounts. But she thought love would conquer and it has in the sense that we're together and we've been able to talk it out, and we've had a lot of friends in town and out who were divorced and they had traumatic experiences. And I think we strengthen ourself because we're both smart people, we love each other and we've had the opportunity and Christian belief to really hang in there and talk it out and work it out. I've even offered, now that she's to the stage where the kids are leaving the nest so to speak, and middle age, coming in to the 50 period, that she might want to do her thing. I said, I assume, put money into her business. If she's got a thing on that she likes to do and you know, I'll back off. So I was going to own Wester County when I started farming. That was my goal. And her goal was, let's get out of the damn place. So all of a sudden, 15 years down the road, you know, what's wrong here. We aren't quite on the same wavelength. So I talked about it. So I backed off, I really did. And so when I say, as far as family or not family. to satisfy their economic and social desires, economic, now if I can't make it on a thousand acres, well, I'm a heck of a poor farmer. And do we have to live as good as we are living? We're competing with town friends. Our real circle of friends in town, they lived a little bit better and differently. And so my wife, we used to feel we really should kind of be at that standard. And still we have all our rural friends and we go to school in a rural area. So we're kind of torn in between, you know, you don't want to be too good. So your neighbors aren't jealous, but still you want to make a good impression on your city friends. You know, so this is another little conflict, and I'll be real honest with you on this. And I'm real loose and it doesn't bother me as much as it does my wife, but these are things I'm pointing out that are real things that are going to happen to you out there. Okay, government policy, I won't even bother with that because that's a political nightmare in and of itself. And I'd be happy to give you my impressions on that. Energy. You know, energy really, I read somewhere, the distance it took me to drive here and back home is about the amount it took for a dinosaur to ride out and pumping him out of the ground and give me the gas to come here. And obviously we're running out of dinosaurs. We all know that. But I think it has had a very good benefit and one is reduced or minimum tillage. The best thing to happen to erosion control without Washington even telling us what to do or the farmers not wanting to do it is fuel costs. Hell, it is getting expensive. And so let's just not run the tractor that much. And I've had stocks laying on the ground for years and people think I'm a heck of a farmer, you know, as far as being lousy. And all of a sudden the crop keeps coming up through it. And so all of a sudden, the guy said, really, I don't need a plow. And why does the state of Iowa pay $30 an acre? I resent this. They're taking my tax money that in selected counties around Iowa, paying them $30 an acre if they will go out in minimum till. Now that is dumb. I mean, they're using my money for something that should be done anyway and could be done. So I think energy will bring us about faster than anything. I think we will have better management of drying corn. We don't have to do it, we can have corn with high yields that are down to 20%. We can dry it to 18 and then aerate it and get by. Wet corn storage, harvest storage, or whatever good name you want to use. Feed it wet, store at wet, I've signed a contract for harvest storage just to store wet corn and sell it wet to the feeder friends and I'm not in a heavy livestock area, and they offer a lease arrangement, when I'm telling you about contracts, a lease arrangement over eight years, and the ownership that you get back is equivalent to about 10.5% common interest. And this is another variable that things like this you can check out. Confinement buildings will be improved. Installation, a better layout, heavier concentration, utilization of space. They do a much better job in Europe than we do. In some cases, sure, they've tripled back and they're all the way back down to one deck, but they have to do these things because they can't be as sloppy about it as we have, because they're limited not only resources, but also in the in the land. Energy alternative, sure. We'll have solar. And I agree with Bob, as far as alcohol, if anything I can see, the co-ops having the millions of dollars to make alcohol, and in time when the improvements come upon us, that we as individual operators might be able to make a little bit of alcohol. I can see an alcohol run, like the old milk run. They want 200 or 190 proof, and I might be making 120 proof, and Bob might be making 160 proof, and Mike might be making 100 proof, and they pay us according to the proof of alcohol picked up like the butterfat used to be in milk. And then you collect it and use it. Great outlet and I'm real excited about this possibility. Impact and inflation. Here's my feelings on this and high interest. I feel we'll have a slow rate of expansion. I, like Bob, I think we'll still keep buying land that's still out there. I signed a contract March 1st, so it fell on California. I made him an offer five years ago, and I worked on him every year. An older guy, no errors. I made him an offer five years ago at $2,000 an acre, an 8% interest. And we finally said yes last November. He said, oh, the same contract we wrote out, that is okay. $2,000 an acre and 8% is what I locked in for 10 years, and they're out there. And I, profarmer is having a seminar over here tonight on land buying and I've gone to those things and they tell you, you go out and seek it out and they're out there and they are. Just get out of Platbook and say, who's going to die within 10 years and start working! We're going to have a heavier debt. Definitely. You've got to learn how to live with debt. Your lenders will be more selective. They're going to expect more from you, cash flow, budgets, you're going to have to explain how and why you want to expand. You're going to have to tell them how you want to get there. You want to get there in a Cadillac, or are you going to get there a little bit slower in the buggy? But you've got to show them where you're going to go. Don't go in there and say, this is what I want this year. Show them. Tell him what you want in three years and five years. And you'll so impress them that they can't argue back at all. Greater marketing management, like I said earlier. You might have to consider your wife part-time work off the farm. If you can give me a couple more minutes, I want to go into social implications, which I think is the most important. I touched about you and your wife, but okay, here's some other things that are coming up. How are you geared for stress? Really, you're going to be stressed. You know, it's no big deal to go out and work for anybody. Eight hours a day, and I had all kinds of stuff. Man, this stress get to you. The stress will hurt your marriage. You're going to be into the financial, money management thing. You're going to have conflicts with kids, with hours, and the whole bit. They even have more and more stress management center seminars for farm people and farm couples and they're getting more and more attended out here. Living with stress. And this is certainly important with anyone owning a business, particularly farm couples. Will your wife accept farming? How about the daughter-in-law bit? You know, she might accept it, but maybe your folks may not accept her, the daughter-in-law in the business. You know, these are things that are let's get serious and talk about them before you get to that point and really start to wonder about it. And then the old hair on the back starts to stand up. Are your long range goals compatible? If you want to own land and she doesn't, you got a problem, like I mentioned earlier. Do we really rent a lot of land? And she really want to drive the tractor? If she does great, but does she want to ride it eight hours or 16 hours? How do you work out if she wants a carpeting and you want confinement? Are you both accepting your goals as being not as aggressive as your neighbors? You know, there's a little ego thing. Particularly you're out of college and your neighbor isn't in college and he's already doing better than you. You've got to show him that you're better, because you got a four years invested, and your wife says my gosh, you know, why? You know, I can tell them at the table, my will says being of sound mind, I spent it all. If you could call a zero balance sheet, when you get to that last day, that's the way it should be. But we can't quite call the shots that way, and like I said, I backed off, and this is important. These are the psychological social things that you have to work about. And I feel it's important that we need knowledgeable spokesman like you people in agriculture. I guess your man, Dr. Tweetin was here earlier, and he said that you need to get involved. I can't stress it enough. You don't get up in the morning at all without being involved with something political. You know, even the shorts you put on are union controlled somewhere, you know, government standards or whatever. Crossing the street, everything is political, and if you feel you can live aside from that, I pity you. You've got to be part of it. We have fewer farmers, fewer ag-related people, and basically, I spend all of my extra time on boards and involvement in the city because I feel comfortable there, and I feel we need outspoken ag people in the consumer oriented society to let them know the picture about farming and what's involved in there and we need more of you out here. Boy, I'm always more impressed when I come back to the campuses and work with younger people to see more and more gals in there, because there's more room for them, they need to tell the farm wife's picture and consumer's picture. And I don't think we, men are as consumer oriented as the women are, and I think this is great, because we have ag-oriented women giving our impression as regard to consumerism, this is important, and of course the church is a very important part of our life. And I never attended church in college and I sort half did before, and my wife was a big influence, and this has been a great stabilization for us and our family, and I think it's important if you can touch on that in your life too. I've gone a long ways, but I hope we can stimulate some questions.\r\n\r\n- Well, I think we have. And those of you who know me know that this is about as long time as I've ever been quiet without interrupting. But I would like to make a few comments and ask a question of my own before we open it up for questions. First of all, Gill, you said we're running out of dinosaurs and there are quite a few students out here that would call it that, or they would claim today we'd call them professors. But we're not running out of them. I think you made something, a comment I think, you came back to it several times, but I think it goes much beyond agriculture. You talked about the commitment of the individual and the commitment of the spouse, and it really doesn't make any difference whether it's farming or working for the extension service or being a college professor or being a banker or a salesman or anything else. Two people have to work that out regardless of what the career is or careers are, because that is going to make a lot of difference in what kind of stress you live under in your lives. Stanek said that there was a nutritional demand and economic demand and that his economics professors told them only about the nutritional demand. Well, he's wrong. The economics professors told him more about the economic demand, but he was wanting to hear the good parts. You could only hear about the, all that big nutritional man because he wanted to go farming. And finally, before I get to a question, Bob Walker said he started in 1961 after he had worked for the extended service and sold an $180 car. Well, the reason he got such a fast start with those 160 acres is that added that 180 dollars to the savings he'd made in those three years with that big extension salary that he had.\r\n\r\n- Now a question. Comments from each of you, if you would so like. You all referred to debt. Do you think permanent long-term debt is a built in structure and feature of agriculture of the future? Our fathers talked about going into debt to buy a farm, machinery, and livestock and pay off the debt and not owe anybody and not have to borrow money. Is this a thing of the past as these young people look to agriculture in the future?\r\n\r\n- Long term debt. It's long-term, all right. That's true. I recall in the weeks following after I had decided to start farming and I say I because my wife's here someplace and she remembers that. She wasn't exactly with this thing. And finally I said, we're going to farm. It went that way anyway.\r\n\r\n- That's the last time it went that way, too.\r\n\r\n- Anyway, to show how naive you are on some of these things, sometimes that included that anyway one of the band directors who's now deceased, so I guess I can talk, was on the County EC committee at the time, we were coming back from a meeting, we're discussing this thing including why I started farming, and I even said, I hadn't recognized that he was a director at the bank where I was going to borrow money, and I may have remarked to him to the effect that, well, two or three years, we'll borrow some money, we'll have it all paid off, we won't need that bank anymore. Just a babble of those kinds of words. If only he knew now. But debts, there's an attitude I think is very important on debt that we should all think about. If you don't feel comfortable with debt, you shouldn't have it. I believe that. Probably that may be one reason that we had come as far when we had, as fast as we had, is the debt doesn't necessarily bother me. And my wife might have some different ideas on that. This is the way I feel about it. If I expect that it does bother me, if I'm unable to service it, and this does happen from time to time, one reason or another, despite all of your cashflow projections that you might do. They do not necessarily taking into account Conrad Johnson and the weather, so forth and so on, but debt is a reflection of capital that you used within the structure that you're managing or using. It's a tool for growth. I think it's, not sure that perpetual is the right term, but it's certainly with us over a long period of time, and when that time in your business comes when you no longer need borrowed capital and hence do not have debt, then your business has certainly failed to grow because this is one thing that makes it grow. Liked to hear the comments from these other two.\r\n\r\n- Mike, would you like to comment?\r\n\r\n- My favorite subject. Debt. I think Bob's wife and mine might be related. I can relate through family history on this part, going back to my great-grandfather. He owned 640 acres of land before the depressions hit. After the depression, he lost it. My grandfather learned one lesson from that. Never go in debt. Of course, my great grandfather never had the farm paid off. That's one reason why he lost it. So that was brought down through my family, passed onto my dad, and then it comes to me and I blow the whole thing wide open. I don't think I can get along without being in debt. I use the debt load as a financial instrument. In some parts it's good, and some parts it's bad. Like the drought year, that was a bad, that's just bad all over. Don't even think about having one of those. If it comes, you got to go with it. You just can't shake it off and say it's your fault. It's not your fault. But longterm debt to me is going to help me in the long run, I'm sure. If you're not afraid of it. if you know what kind of a debt to asset ratio you can carry, comfortably, carry it. Don't get it out of hand. That's your biggest worry about being in long-term debt. Don't let it get out of hand. So I guess that's how I relate to long-term debt.\r\n\r\n- I agree a hundred percent. And I'll try to add to it. To understand it, to know where you really are standing, first of all, I guess if your lender is comfortable, then you should feel comfortable. If he starts to question it, and then you probably will question it, and then you have to start proving it. So how can you be comfortable with yourself and the lender being comfortable, and I look at it being on a bank board and we're the seventh largest lending agency in ag loans in Iowa. And so we've expanded, we've worked at it and now the rest of the board is getting a little scared, when if land prices do back off and a lot of these farmers are heavy lenders? I would recommend very strongly when you do start off in a business that you have some time in accounting procedure that you understand what it's all about, because there's no way you would be able to understand unless someone is knowledgeable and they're one of the consultants. So in farming, I would recommend very strongly a farm business association. Most of the Midwestern states have these. They run an analysis and it's computer sheets galore and the manager will come in, field man, and he'll explain it and talk with and discuss. The beauty of this thing is you can see how you grow. Everyone in this association that pays a fee, therefore paying the field man, and having consultation from Iowa State, keeps the same type of record. So you were comparing your operation with every other operation in Iowa. And these are generally the top 20% or 30% or we like to think so. So you're competing with some of the top farmers. They break it into the same size operation, so you were competing and comparing, I don't necessarily want to say compete, you're at least comparing with the same operation, with the same bookkeeping procedure. Then the beauty of this is as it grows through the years, then you can compare with yourself as you are growing. So you can work out net worth, your debt to asset ratio, your rate of return, and all of these little guidelines, so if something start to get out of whack, you immediately can spot it, a flag is raised, and you say, do I have a problem? And if so, can I correct it? If you are growing along a certain line faster than the others, they break it into the top third, the low third, and the middle third even. And so if you were consistently in the low third, we've got a real problem, let's work at it. And then you can become very comfortable if your history through an intelligent manner has shown that you're on the right track. And then you can go further and further into debt and build this leverage type of thing as long as you can sleep with it. Now I have no qualms, and I think I've convinced my wife in regard to passing on debt in my estate. And the reason being estate tax, I assume they'll hurl me on it, and I talked about estate planning. If you have a clear $2 million in land, let's just pull a figure out of the air, you'd be taxed to blazes even though you have it all divided up into a corporation structure, but if you have a million dollars debt against that, your estate is automatically reduced in half. Therefore you have much, much less inheritance tax to pay, and you are still passing on the same amount of land we'll say with that debt, which in turn, the heirs can pick up and service. And if they wish to pay it off, then they can. So this is a tool like they both said, that you have to learn to work with and get good counsel, and it's no problem at all to make it work for you.\r\n\r\n- Okay, now we're open for questions. Yes, sir.\r\n\r\n- I have a specific question I'd like to direct at Mr. Walker. I don't know when the last time they bought land, and if they can tell me how to based their finances?\r\n\r\n- The last--\r\n\r\n- I'll speak to the one. The last land we bought was 80 acres adjoining another track we already had, making that track now about 900 acres all in one block. We bought that, we'll be raising our third crop on it this year. We get 21 a quarter at the state auction for it. I thought that was the first time I had bought land that was \"too high.\" Before that, I had taken my not too sharp lead pencil and pencil some return out. That one.I can't. The financing of it, we had quite a large commitment to the metropolitan life insurance company. Well over a million dollars in fact, but we did reroll the paper at that time. They put this 80 acres in with the rest of it. We had one loan. That's how it was done.\r\n\r\n- The last one I told you about just two weeks ago was saying at the time, the best way to go with a contract, you have no idea what you're selling, before that was just a year ago or two years ago, and it was an 80 adjoining, instead of going around the highway to get to a hundred acres, it was 80 right next to it. And I could just have a back entrance and it was an auction which is a worst way to go, and I talked to the banker, and said how high can you go, and we decided maybe 32, 3,300 acres. And I didn't care, I was going to get it. I had the first nod and the second nod. And I'll give you a psychological thing I always use it auction, be it machinery or otherwise. If I want something bad enough, I consistently not my head immediately and first and continuously, and I never hesitate. And you can psych out the other guy, you know, the other ones, they always hesitate. When I'm getting that someone's gonna hesitate, I know I just about got it.\r\n\r\n- It's called buying a pocketbook.\r\n\r\n- And I stood out in front, made myself obvious, and I nodded in the very first, and all the neighbors just stopped. And then there were a couple of outside investors who ended up bidding against me. And I ended up with 2,900 an acre, and I sold off in acreage for $40,00, so I the land price down to 25. Selling acreage is a great thing. This guy stuck with it, he's got a loan to pay me the 1st of May and he can't move it, because of the interest rates and all that, and he wanted to know if I'd ever take it back and he's made all these investments in it and I, you know, contract sale ends, and he's lost everything if he doesn't pay me off March 1st. So he's trying to go through a land bank, and some other little land that he bought, he's a city guy that thought outside investment thing was a good deal. He blew it.\r\n\r\n- Who's got another question? Yes, sir.\r\n\r\n- I'd like to direct this toward Mr. Walker. Have you had any experience with the future market, and if you have, can you tell me in what?\r\n\r\n- The future market as such, we've not used. I mean, it's as far as hedging, so it wasn't a concern. We had used forward cash contracts. We had done that. We've done that in different ways. The best deals that may have been basis sales. Basis reached an unusual narrow basis that we made some cash contracts. I just this spring got bid out of 370 acres of land that we had farmed for 14 years. All those years, we had crop share rented this piece of land. The owner gave me notice last September, asked me if I'd adjust it for him. I said, you do it. You know more. So interested in that alternative. He came back about three months later. Wanted to know if there's anybody around who'd give 130 bucks cash, and I looked around and I said I don't see anybody around here. I'm not certain as to who'll pay the land, but I think it's enough to me. And I think maybe the young man who rented it is perhaps using a different set of figures than I was using, and one of those may very well be is hedging the crop, and his willingness to get a part of that to the landlord. If this is going to happen, I'm going to have to resharpen my pencil, I think, and use the tool that he's using, cause he's 20 years younger than I am. I don't recall when I was that age, I also was using a set of figures that other people were not. So maybe I had been here too, learning from him.\r\n\r\n- Are you saying that your aversion to risk is different today than it was when you were 20 years younger?\r\n\r\n- Yes, sir.\r\n\r\n- Just different numbers.\r\n\r\n- Gill?\r\n\r\n- I'd like comment. I used head and I couldn't farm it out. I sold most of my crop in December at futures at 3.20, and right now are down to 3.05. So I will normally have had a 35 to 40 basis, but I think maybe now 50 would be more realistic, unless we've get it real going. So I'm happy to sell at 3.20 and back it off 50, I sold my crop that hadn't been planted yet for $2.70 cents. The reason I liked the hedging in lieu of contracting or basis or otherwise is if Carter or somebody gets a wild herring and does something completely crazy or we get in the war and all of a sudden it shoots up to $4, I can get out of it and really take the top end of it. Hogs the same way-- In the futures, and I picked a $7, $4, and $2 difference on these hogs, and so my average is still high enough on those hogs that I still made it a profit by the price. And it took a number of years and Dean, if anything I would say, I didn't know what hedging was about, it was probably mentioned, but I didn't understand or didn't want to, but it's so much of a tool that I would like to think that maybe you're the kind of these kids out here in the econ classes to have a paper head and give him $5,000 on the first of the semester, and we're going to hedge and see who comes out with the most bucks at the end of the year, working as a team or whatever commodity. The one that comes out with the most money gets a Tootsie roll pop or something at the end of the year. At least all you lose is a Tootsie roll pop if you don't make it.\r\n\r\n- This has been done. I don't know about the tootsie roll pop.\r\n\r\n- Good.\r\n\r\n- There's a gentleman from up there who has a question.\r\n\r\n- It sounds to me like one of the growing majors is learning lot of technology, but it sounds to me like is the emphasis is really on the economics, that we have enough technology now, and the more technology we get, the more we produce, and the price goes down. Is that?\r\n\r\n- I agree a hundred percent. I was an agronomy major and graduated an agronomy major. And you know, you put it in the soil, it'll come up, so let's take care of the soil and make it grow. To give you an example, Treflon was a chemical, keeps grass down, man, $90 for five gallons. We'd run all over the country and try to get it for $89 for five gallons. And you put on a pint breaker, so it made a nickel an acre difference. Remember that? Big deal. We get it a dollar cheaper here than we did there. Now, they don't even care, I don't care what price the chemical is, or the seed corn. It's all within a buck or two. I spend all my time at the desk watching markets and charting and everything else. And ag-business has really has it. But unfortunately you don't really know what economics and business is about till you're out in that world for five years. That's the unfortunate thing. If a guy could kind of work and do it and you know, sort of spread his college out over eight years or six years, it'd mean a lot more. So always go back and touch base, go to seminars, go to good type seminars, do a charting. I read books, I charted, and it wasn't until I put them bucks in and started to get margin calls, I realized what was happening. Then you start to really learn, and then you start to learn the techniques. Then you go back to seminars and talk to Dr. Louis Thomas and Profarmer and these people and others that do it. And all of a sudden it's all there. Everybody uses it. And if you know it, you're way ahead of the pack. It's a good point you made.\r\n\r\n- I'd like to hear from Mike and have him talk about on the capability of the disaster payments, .\r\n\r\n- You're referring to small business loans, disaster payments, the whole package related to disaster in 1977. Mike?\r\n\r\n- You want to know what they did to help me?\r\n\r\n- I want to know how you feel about the capability of institutions.\r\n\r\n- That was a pretty sore subject all over our community when that happened. I don't know, I was darn small compared to what had happened to the bigger farmer that I suppose in a, in God's eye, he had just as much right to the disaster payment as I did, but he also had the land behind him. Now you're talking probably about some people that had up to $500,000 loaned to him at 3% interest. Yeah, that burns my hind end a little bit. Yeah, that money there, that 3% to them bailed them out.\r\n\r\n- How would you restructure it?\r\n\r\n- How would I restructure it? Make them sell off their land. No, I don't know. I don't know if anybody's got an answer to that.\r\n\r\n- The loan I got was 20,000, which helped me get past that year and come up to the following year of 1978. Anybody else, I don't, the guy that had all that land, sure, he was making land payments. I'm almost positive he was making land payments. That helped him get his land payments, that kept him going. But some of that money had be turned down to some other people like myself on the smaller end. But I sure don't know how you'd go about restructuring it.\r\n\r\n- Here's where politics comes in. I had neighbors that were much bigger net worth than I, that got the 3%. I was on the edge of it. And I didn't apply because I didn't feel I needed it, and I could hack it and kind of do a gut thing let's go alone. So politics, what they did, and why some of these bigger farmers got it. They show that year because the cashflow and what their debt asset ratio they hedged and the bank that went along with them and which is unfortunate, and I had been politicking, and I hope we will have some effect in the future, we need to take a minimum of a three-year prior average with these farmers and average that out, and show what they're financial net worth ratio was, so therefore they can't come in one year and say, I'm broke, and they've got all this behind them. And so you've got to be on it in politics for it, and try to get a change, because like I went on the ANC loan for grain storage and they project, what do you need for storage for two years? The government's partway there, just saying, you got to have two year's storage. So why can't they say, okay, what has happened to you financially three years before? One year doesn't create a disaster. If you've had a disaster for three years, okay, they won't consider it.\r\n\r\n- We've got time for a couple of more. Way up there in the back.\r\n\r\n- Little louder.\r\n\r\n- I'd like to direct this to Walker. My dad always says no one can completely rebuild a farm who funded more. I just wondered if you think farmers who work only small and start out better than they are today.\r\n\r\n- You asking hard questions. That's all related to your temperament, I think. It's a challenge to me. That's the big thing thing about it is putting the thing together and making it work. I get a lot more kick out of that than I do keeping the thing going. You're asking if it's a new challenge for me. Yes, this is my particular temperament. Other people are not necessarily constituted that way. That brings me to a point on the farm size that we had to make a while ago. That's one of the great things about agriculture. One of the things that attracts me to it. You could make it however you like it. If 80 acres with a 40 acre hog house is what you want, you can do it that away or you can go any way you want to. I don't know how many other ways, that's one of the great things about it, that it depends on you. How I feel about it or look at it.\r\n\r\n- Yes, sir.\r\n\r\n- You of course mentioned the 80 acres, 40 acre hog house. How does the bank stand behind you on the side or work against you when you're pouring everything right back in to the livestock, including crops,\r\n\r\n- That used to be one of my questions too. I didn't take it as part of my banker. We didn't have a, that's about a 1,500 a head to finish the operation with the capacity to do more than that if we so choose, but you made a good point there, that it seems that any hog operation has to have some kind of a land base, and it might not necessarily be a 40 acre hog house on 80 acres. That's certainly right. I did eventually enter the hog industry because it's generally probable. And I tell you my philosophy on that part of our operation. I use a number of young men, two to three, besides myself most of the time. We do our fair lead, which is our peak load in the hog business of course, we do that throwing off season from the crop, and in that regard we have 94 crowd rates. We do the throwing from December through February, and then again June through July. And this takes our handy workload from that during the off season from the crop, and this helps us, it helps me pay my help, and helps to give them meat to the point of their need in the off season. As far as the health situation, and this is something that I feel strongly too with, I have structured my help along these lines. I like to hire young men who have as their goal to eventually farm for themselves. I do not want them to stay very long with me, three, four or five years or something of this nature. I want them to be of the kind to have initiative, the risk bearing ability, and willingness to pick up in any case for example, the hog operation. I want you to pick that thing up and make it go for me. Along those lines, we've had some good ones. I have a good one right now who I've had since last June. Gary Newhouse, some of you may know him. Graduated in animal science, and presently is working towards another one. So, there's that.\r\n\r\n- How about the financial? What does a banker say, or what's a banker gonna say to you when the prices are down and you're aren't bringing in money and it's the closest it's gonna be costing you money to keep him partway enrolled, you got a lot of money invested, but nothing's coming in?\r\n\r\n- You mean in my operation?\r\n\r\n- No, in a smaller operation, where I'm sure everything is poorly engineered, and in the market, everything is going to the left side.\r\n\r\n- Well, this depends on the, to exactly answer that question, it depends on when you first started and whether you did feed more part than you raised. I've been there. That's what you're talking about? The hog area as we know, we hope, usually makes us an average of about $200 in feed returns, and we're just doubling the value feed is being put into it. And I suppose with enough volume, that should keep you afloat. But there are times like right now where this isn't happening. We sold 272 headed butchers two weeks ago at 36.50 and one year to the day, before we sold, it was large number at 52.75, some $33,000 difference on that one little much of hogs. It makes you scratch your head with if its all worthwhile. I think probably those offers still maybe bring me $3 a bushel for my corn, but it might be that you had to live on that report, and pressing in, I'm quite sure it wasn't exactly that they signed the mandate for those hogs.\r\n\r\n- One more question. All right.\r\n\r\n- I'd like to address this to all three, because they are hog producers. This has to do with the structure, how you see some of the larger operations, especially receiving the sows, like Tyson, who's part of a million hogs a year, this was beyond our wildest imaginations in the Midwest. And a lot of farmers use this to get their sons into the operation and as a means of getting cash flow, and they're a kind of a steel beam and knockout people nearside. I wonder what you see is that is indication for structure of agriculture. I'd like all three to talk about that.\r\n\r\n- Well, I decided not to fight him and join them, so I got five guys together and we formed a soft corporation. I wanted to get out of the fair-owned business and so I got in there and I could just expand it at home too. I'm not concerned about that anymore than I am the corporation, because again, the tightly knit group with your labor is always going to be the most productive. And I see a great future. As my records have shown for the last 20 years in farm business associations throughout Iowa state, the hog producer has always netted the greatest return per dollar invested. And I see two operations in our area, like this fellow had said up here where he and the wife or one or the other has worked. You have to have a heck of a bigger hog operation if you're going to be employed all day long. And so secondly, I'd make the point is that there is more than one bank in your community and sell your credit. Don't stick just because dad's been at his bank for 20 years. You go out and sell your credit, you sell yourself, and being on a door for several years, I can guarantee that we stuck with the tigers that honestly have said we're going to make it go, and you show him something's going to happen, and you want to make it happen.\r\n\r\n- Yeah, I have to agree with Gill. I don't think your big operations that are coming up are going to affect the size of my operation at all. It's whether or not you want to put in the bucks to try it. I'm president of my Story County Pork Producers, and I tell you, we go out and promote pork like you can't believe. Since I've been a member, we've increased our memberships roughly 40% to 50%. And that's just been in two years. As long as we get the people to purchase the product that we're pushing, I don't see any reason why you can't go out and form a pig corporation as long as you've got the management and the know how to do it. It's not gonna affect my operation at all. If anything, it will probably help my operation in the long run. It'll put more meat products on the table and enhance will increase the checkoff funds to the state organizations in the country, which in turn increases your output on the promotion and the sales of pork products.\r\n\r\n- Also not really concerned about those people. They have their problems. I'm sure. The greatest assets that they have I guess is you're ability to get all those in the paper like you see. Somebody said, we probably have mentioned we're sitting there at one o'clock in the morning, already read all these things and that one of our delegates is a young man in his early 20s, he's got a 160 acre farm which is rough, and 70 tillable acres he told me. And he, I just, I'm already speaking to the other question back there, but this young man is in a situation like you're talking about, and we were talking about the thing that had to occur by the time we sold this big bunch of hogs at 36.50 and he was somewhat apprehensive about the whole thing, and then he told me that he had thought that if he had raised from start to finish, a thousand hogs a year, he could make her go, but he was beginning to question it, and it's partly because of the small crop days when he's buying corn and so forth. So I don't know what the answer for beforehand is if he can't tell whether it was true until the next time around, I have an idea that I hadn't explored with it, because I needed help for crop work. I have given some thought to making a deal with him whereby he can continue with his livestock enterprise and help me with my crop enterprises. Might be one answer for him as an individual. Also for me.\r\n\r\n- They say the time to quit is when everybody's interested, and everybody's interested, and it's nine o'clock, and I got instructions from the ag council about when I was supposed to tell, the ag business club about when I was supposed to quit. It's nine o'clock. But I would, before we turn this off, I would like to thank our panelists for taking the time. One thing that came through loud and clear, there is no one answer on how to do it. And I think this is what one of the big things that they were trying to tell us is it. Also, I like to make an announcement. Governor Ray will speak here next, a week from tomorrow at 12:15, at the Benton Auditorium in Sheaman as part of Ag Week and Ag Day at Iowa state University. We invite you all to come, the ag student council is sponsoring him and they're paying me big bucks to make this announcement! So come on out so I have my money! Goodnight all.","format":"text/plain"},"target":"https://iastate.aviaryplatform.com/collections/1150/collection_resources/45485/file/118443#t=0.0,5148.84"}]}]}]}