Topflight Grains Mission: Our Topflight Grain Cooperative team is committed to the future of agriculture by improving the prosperity of our customers and employees through outstanding service, education, innovation, technology, and dedication. Unlike other field operations which are typically reported on a per acre basis, grain hauling is generally factored on a per bushel basis. The additional cost associated with that drive is just one too many, Rubeck said. 2885 0 obj <>stream The exception to this date is to serve those customers who have a delivery contract in place. For soybeans, the statutory reference price remains at $8.40 per bushel. And American producers responded in kind this year, with both corn and bean production up 3 percent and 5 percent, respectively, from 2020. This was 2 percent lower than last week, but still represented a significant increase in outstanding sales from the same time last year. Web4.0 cents per point of moisture, per bushel, removed from 19.1 24.0%, split on half points. Oats: For soybeans to have payments in 22% of the years like oats, the soybean statutory reference price would have to be above $8.57, the MYA price in 2019. Moreover, the $8.57 MYA price for 2019 was below the $9.63 benchmark price. The three southern crops peanuts, long-grain rice, and seed cotton paid in the most years: peanuts at 100% of the time, long-grain rice at 89% of the time, and seed cotton at 78% of the time. The decision to invest in more grain storage units on their own farms is a weighty one. x][~]*I NmeufIdmN8Dr.f8uWGzu7rus/\gx7_O?5p /.WE_(n>yqK^.>E B&Jb;_? Net corn export sales were 1.362 mmt, down 1 percent from the past week. +54A8Xot#Egne7Awj]2l;o g] RA9DY#FK1AL31 jRtd?RO>]6gxqkROYX. With a record demand for Chinese grain due to global weather issues and the COVID-19 quarantine, compounded by international supply chain snarls, corn prices per bushel were $5.77 at Novembers end with soybeans at $12.64. These are record times that were in front of, he said, noting the yields and prices. 40 miles $.20/bu. The goal is to report what is being charged, not what should be charged. farmdoc daily(12):97,Department of Agricultural and Consumer Economics, University of Illinois at Urbana-Champaign,June 29, 2022. Farms may have some of the equipment needed already and it may be fully paid for and fully depreciated. A custom harvester is likely to prefer progressing by physical location and crop. Musty 10 cents/bushel hTj0_%o&PlHK..R=P4Dn99,,!9wqNV+ZDKAPh `'!OW5cF+mQR Yields had to be well below benchmark yields before ARC-CO would make payments. The economic cost for combining corn and soybeans is based on ownership of a 470 horsepower combine with a 35-foot grain head and a 12-row corn head used to harvest 1,500 acres of corn and 1,000 acres of soybeans. As shown in Figure 3, ARC-CO made payments in some counties nationwide. Once soybeans have reached maturity, plants may still be too wet and green to harvest and grain moisture still above an acceptable level. 3 0 obj 0.3% of price/point from 2.1 5.0 How the Drought is Washing Out Hopes of Texas Cotton Production This Year, Indias Rice Subsidies Under Fire at WTO by U.S., Thailand, and Others, After Price Shocks, Grain Prices Fall Back to Pre-War Levels, Food Inflation Concerns Persist, 9 Charts to Analyze from the 2023 FAPRI Baseline, Farmland Partners Sells 862-Acre Arkansas Farm, Weekly National Posted Prices for Peanuts, Big Shift in American Farm Policy Farming as a Low-Carbon Energy Producer. For example: Location A is offering $13.80/bu for equivalent allows producers to compare the The new regulation will let States follow the updated standards of the American Association of State Highway and Transportation Officials, among others, without requiring an FHWA exception. Despite the drop in grain inspections, total rail deliveries of grain to U.S. ports remained strong; increasing 122 percent from last year and increasing 64 percent from the 3-year average in the last 4 weeks. WebFor the week ending February 6,unshipped balancesof wheat, corn, and soybeans totaled 22.7 million metric tons (mmt). For farms with fields in multiple locations, optimal harvest timing may not be reached in a logistical order. y_|HNL-sGIMm5!JPNJ MF ]&>e\dr|Q4h~4(. The American Transportation Research Institute (ATRI) recently released a study analyzing detailed trucking costs from 2008 to 2019. But with the spike in fertilizer prices this year and the increased certainty of higher costs next year, the prospect of a big capital expenditure on the grounds could be risky. The most significant appreciation in the land market in Brazil occurred in areas used for grain production, followed by sugar cane and coffee, according to the S&P Global Commodity Insights report (see Figure 1). Other grades subject to market discounts. New WOTUS Rule on Hold for More Than Half of U.S. ALL RATES ARE SUBJECT TO CHANGE WITH MARKET CONDITIONS. Timing of harvest is also critical in cost management considerations. In a letter sent to Clay City and Brazil grain customers by Ceres Solutions Cooperative CEO Jeffrey Troike dated August 12, producers were informed that: It has been determined that, due to the age and condition of our grain facilities, and also due to declining utilization, Ceres Solutions will no longer receive grain at the Clay City and Brazil locations as of December 31, 2021. WebWHEREAS, on April 14, 2020, due to the increased unemployment rates and continued shelter-in-place Orders, the City Council approved by Resolution extending to May 31, Moisture 1.4% shrink/point of moisture. Drying charges will be deducted from fall checks, or charged to your account in December, for payment in December 2022, or January 2023. :j|vM;W=&%7A[OE]7n []k Because average custom combining costs for corn and soybeans are nearly the same as economic costs and timing could be an issue with a custom harvester, a farm with adequate labor will generally find it cost effective to own and operate a combine. Corn: To trigger in 56% of the years, soybeans statutory reference price would have to be above $9.40, 16% higher than the current statutory reference price. A summary of costs for harvest operations from the farmdoc machinery cost estimates is shown in Table 1 next to the corresponding average, median, minimum and maximum custom rates from the Iowa survey responses. For the week ending December 10, total inspections of grain (corn, wheat, and soybeans) for export from all major U.S. export regions totaled 3.6 million metric tons (mmt). Both locations will continue to service the communities by way of their agronomy sales. The local break-even for corn this year was between $4 and $4.75 per bushel, with $10 to $11 for soybeans, depending on size variables, he said. Sep 22, 2020 Share on. The machinery cost estimates include overhead, fuel, and labor. In 2018 the extra charge was averaged $0.226 per bushel of grain sorghum for yields greater than 48 bushels per acre. Given PLCs performance, the 15% of soybean acres enrolled in PLC seems high. Depending on the farm size, number of farm operators, and where grain is transported out of the field, it can be cost effective to hire a custom grain hauler. Farms that own a grain drying and storage facility may have additional incentive to do all harvest operations themselves. Given all that, its increasingly problematic for producers under about 1,500 acres to handle the increased costs associated with trucking grain an extra 20 to 40 miles, let alone finance extensive capital improvements such as bins on their own farm, he said. farmdoc daily(13):71,Department of Agricultural and Consumer Economics, University of Illinois at Urbana-Champaign,April 18, 2023. Given this reference price, PLC would have paid in 2018 and 2019, the height of the trade war. We calculated the number of times PLC triggered payments for the nine program crops with at least 2 million base acres. The 2021 season may well be remembered as one where irony was the top crop harvested. As a result, the MYA had to be below the $8.40 statutory reference price for PLC to pay since its inception in 2014 through 2023. "Cost Management: Tillage Operations." As such, periodically evaluating whether owning or out-sourcing combining is prudent, particularly at the point where a combine needs replacement. Similarly, it would result in an extra $5 per acre cost for soybeans. Profit from or hedge against price movements in the United States' most widely This profit maximizing decision will vary from farm to farm. 5 cents a point above 15.0%, Foreign Material 2 cents each point from 3%-5% These changes could also potentially benefit other crops if their market prices increase relative to their statutory reference prices in the future. These rates are only intended as a guide. From 2014 to 2023, the MYA price for soybeans has never been below $8.40 (see Figure 2). Still, that average was 6 cents higher than in 2016, the last time the freight market softened. 4,6. man arrested on felony counts in $47K grain theft, Resources available for California farms affected by 2023 flooding, Breaking new ground with national corn yield contests, Animal-rights activists secure ban on Brazilian live cattle export, JBS cancels contract with company fined for hiring minors, Missouri man who killed Diemel brothers charged with federal crimes, Ag on Instagram: The best farm photos from April 28, 2023, Ag on Instagram: The best farm photos from April 27, 2023, Ag on Instagram: The best farm photos from April 26, 2023, Luke Bryan announces 2023 Farm Tour to kick off in Kentucky, Why influencers prevail over science communicators on social media, KIOTI introduces new CK20 and DK20 series tractors, From farm to crown? For the week ending December 12, barge grain movements totaled 1,120,459 tons. In September this year, the Ag Economy Barometer, a nationwide monthly survey of producers, reported a drop of 14 points to a reading of 124, the weakest sentiment of farmers since July 2020 when it hit 118 amid the first big wave of COVID-19 quarantine measures. If this is not occurring, another option may be lower cost. Also included are state level 2016 average rates, 2020 rates as a percent of 2016 and historical comparisons back to 1995 for selected operations. And while interest rates for ag-lending are favorable right now, a sudden drop in crop prices could leave even the bigger farmers in the lurch. Unfortunately, both locations require significant investments to maintain proper services, and there is simply not enough volume for us to be able to support that decision.. Web2021 Indiana Farm Custom Rates By Michael Langemeier The rates reported in this publication were compiled from questionnaires received from farmers, farm owners, farm Plastina, A., A. Johanns and O. Massman. ]j0IGH#wC.Sr>82:8wN|f%E"a;D"Wt(@=X( \.q5;%z_wloyWb}AE,m/BjE&fRAM.Bv @[o|vwvf^oVku8fj6JPKjU :tP`&j*IUNlJ9&7&d0i[wISndSU{uq^r[nYOa!6F.5afU&Emv]erbxbkDJKN0ry)G-uIY)7Z2?vjvnsU|?J(-I7c!J[r=,cup,x{CE~r+/OZ3$|my7Mw)Gn@XI 7c S] ` c1`^>c ic9t{yQ Cost of production estimates, per bushel, for herbicide-tolerant soybeans are $8.89, $8.72 and $8.57 assuming 50, 56, and 62 bushels per acre, respectively. Harvest decisions may also be dependent on requirements of a landlord or business owner. Custom Rates for Grain Sorghum Harvest, 2018, by District District As of December 10, the rate for shipping a metric ton (mt) of grain from the U.S. Gulf to Japan was $41.50. 2 0 obj Brown, G. Schnitkey, K. Swanson, J. Coppess and N. Paulson. Rubeck said he made it a point to arrange for his land to be farmed next year by another family farmer, who may be able to pick up more ground yet as a result of this move. The February price for all wheat, at $9.17 per bushel, is 69 cents higher than January and $3.34 higher than February 2021. 0.3% of price/point from 1.1-10.0 endstream endobj 2886 0 obj <>stream Theres no way to really blame them for making a business decision based on the numbers, but he feels matter-of-factly that irrespective of the reason, the end result here will be more consolidation and fewer small farmers. However, soybeans effective reference price did not increase above the statutory reference price during the life of the 2018 Farm Bill (2019 to 2023). VP`7_3!Pkz[};qo(K6,P1!Hp d~ag_8]O(d9|q-e%K yL>h|%V$CnJJIo*v cY`V$X2^.(3A{|+ ef&\poep*7pw u Gw /h$Xd'D7a|8sP&T"FPwlw):Jlpxxa@EZ8dhO 0R'w[NlI/q6iC h3a8IjZOM c3 jjpA7v`e|?kA2C' Rn1_U'Gc7x6[|8I}{ZW]}7fl,1+~_QX)x,V]9FC)d3QYK(QkXyq'wF;zh 29yr_*$b$9f" Farmers evaluating how costs may be cut in the upcoming year have several options, including reducing cash rents (see discussion in farmdoc daily, August 11, 2020). This was $257 more than last week and $730 more than this week last year. Costs in most other categories also decreased. Ceres Solutions does offer grain services in partnership with Gavilon Grain in Clay Countys next-door neighbor Vigo Terre Haute, 22 miles from Brazil. 3.5 cents per point of moisture, per bushel, removed above 24.0%, split on half points DRYING RATES WILL BE APPLIED TO WET BUSHELS DRYING <>/Metadata 6449 0 R/ViewerPreferences 6450 0 R>> Although it is likely easier to secure trucking when hauling direct to a market, in some areas custom trucking to a farm bin site is also possible. WebIndustrial Hemp Grain Production Budget Estimated costs per acre, conventional tillage, Pennsylvania, 2018 Item Quantity Unit Price Total Your Estimate Variable Costs Custom operations Soil test 1.0 acre $2.00 $2.00 Combine small grain 1.0 acre $33.10 $33.10 Grain hauling 320.0 bushel-mile $0.04 $12.80 3 cents a point from 10.1% to 15.0% The following modifications would provide more targeted benefits to soybean producers: Both modifications would result in benefits (larger or more likely program payments) when market prices move further above statutory reference price levels. endstream endobj 2887 0 obj <>stream 1Based on costs in Table 4 and harvest of 1,400 acres. Musty 5 cents/bushel From 2018 to 2019, combined driver wage and benefits decreased from 77.6 cents per mile to 69.3 cents per mile. "Cash Rents in 2020 and 2021." Plenty Of Stormy Weather To Come With Water Issues, Georgia Peanut Commission Approves Funding For FY 2023-2024 Research Projects, Large Explosion and Fire Breaks Out at South Fork Dairy in Dimmitt, Texas Monday Night, Ag Conference in Cuba Focuses on Engagement With the Private Sector, Saving Landfill Space: Researchers Develop Washable Antimicrobial Wipes, USDA Announces $75 Million To Assist Producers Transitioning To Organic, USDA Releases Map Showing Where Beginning Farm Operations Are Located. To get to the average historical payment performance of the eight other large program crops, soybeans reference price would need to increase to $10.10, an increase of 20%. WebCustom Trucking Freight Rates. Soybean inspections decreased 8 percent from week to week, but inspections of corn increased 18 percent, as shipments to Asia increased significantly. For the week ending December 10, 45 oceangoing grain vessels were loaded in the Gulf41 percent more than the same period last year. With a larger machine harvest could progress faster, but the cost is an extra $6 per acre. Across the country, grain storage capacity has risen sharply in larger facilities, but this doesnt help the smaller operators in more remote, rural areas. Based on the Iowa State data, average custom rates for tillage, planting, and harvest operations in 2022 are expected to increase by about 7 percent, compared to the For example, increasing all crop reference prices by 5% would benefit those crops already having a higher chance of receiving PLC payments at current reference price levels, exacerbating the budgetary impacts of such a change. For the week ending December 14, the U.S. average diesel fuel price increased 3.3 cents from the previous week to $2.559 per gallon, 48.7 cents below the same week last year. The effective reference price is the maximum of the statutory reference price ($8.40 per bushel for soybeans) and 85% of the five-year Olympic average of MYA prices, lagged one year. On a 900 bushel load, that would give me 27 bushel. "The Price Loss Coverage (PLC) Option in the 2018 Farm Bill." The Netherlands, Gateway to Europe, Hosts Trade Mission, Thompson On Cotton: A Turnaround Thursday, Division of Agriculture Releases High-Yielding Clearfield Medium-Grain Rice Variety Amid Increased Medium-Grain Demand, Mizzou Researcher Uses Gene-Editing Tool To Improve Productivity In Rice Crops, USDA Still Accepting 2022 Census of Agriculture Forms From Southern Producers, Cotton Growers Gather To Celebrate High Yields, Induction Into BASFs FiberMax One Ton Club, Farmers Business Network Releases Industrys First Artificial Intelligence Ag Advisor, USDA: Weekly National Posted Prices for Peanuts, Punishing Drought Now Expected to Persist Through July Across Texas, Plains, Federal Reserve: Observations on the Ag Economy- April 2023, Brutal Blast of Cold Set to Bring Widespread Freeze to the Western Corn Belt and Plains, Peanut Innovation Lab receives $15 million, Farm Like A Banker: How To Fund Your Farm In A Rising Rate Environment, Trend Watch: Americans Choose Rice-Dominant Cuisines as Favorite Foods, Kind Snacks Tests Regenerative Agriculture and New Technologies for Almond Farming, Stamp Out Entitlement: Develop Ownership Criteria For Your Farm, USDA Release Report Showing The Use Of Cotton By Consumers, Farm Credit Issues Report On Current Ag Economy, Condition Of Its System, What We Now Know About What Caused the Large Fire at a Texas Dairy Farm. Absolutely, he said. Monticello, IL 61856, 1998-2023 Topflight Grain Cooperative. With many factors that vary by farm and year, it can be difficult to determine the best approach for harvest operations from a cost management standpoint. Im hearing a lot of that and Im seeing it, Litz said. The effective reference price is capped at 115% of the statutory reference price or $9.66 for soybeans (8.40 x 1.15 = 9.66). 0.6% of price/point above 5.0. Green Damage This has been the situation for soybeans compared with other crops over the life of the ARC and PLC programs. As shown in Table 2, the economic cost per acre is dependent on acres to harvest and size of combines and heads, a larger combine used on more acres can have the same per acre cost as a smaller combine used on fewer acres. &iyxuaAa[@&w,mZ2~_ns5F|>&OaBjM0ki]Qj)-6S3MVP7d\3U:>mfSWMPE>6`cd90fbA@b6n!-x LN=9g]Lzt3@W.SD;.K7Q? Although the actual costs will vary from farm to farm, and are dependent on the number of acres and the size or capacity of the equipment used, the averages presented here can be used as a guide. Because of the capital investment needed for harvesting equipment, the decision on how to manage harvest operations will generally be a long-run decision. The problem in ag, he said, is smaller producers continue to lose out and at some point, there might not be any at all. The 2018 Farm Bill added the effective reference price (see farmdoc daily, June 29, 2022). Schnitkey, G., C. Zulauf, K. Swanson, J. Coppess and N. Paulson. Shane Litz, vice-president and commercial loan officer at Terre Haute Savings Bank, said the local elevators decision to close its grain business will impact farmers throughout the region. Over 16% subject to rejection, Damage A partner in Allied Insurance Agency and broker of crop and farm insurance by day, Rubeck has been a lifelong producer as well as an auctioneer with 15 years in ag. Paulson, N. and J. Coppess. Drying costs (on farm) usually run about $0.040 per point of moisture (per bushel). Aside from the higher costs, it may also be difficult to find a custom operator for the grain cart only. The economic costs of owning and operating a grain cart (tractor overhead included) is based on a $57,500 grain cart with 1,000-bushel capacity used on 1,900 acres. $2.50 per bushel: Oats: $2.00 per bushel: Soybeans: $6.20 per bushel: Other Oilseeds: $10.09 per hundredweight (cwt.) The lowest MYA prices of $8.48 in 2018 and $8.57 in 2019 occurred during the trade war with China. As corn price increases the moisture at which it becomes profitable to start harvest increases. Thats the main reason Im renting out my ground and quitting, said Rubeck, owner of 300 acres. For example, if the custom rate for chopping, hauling and storing silage is $10.00/ton, the value of the standing silage to the buyer is reduced to $41.23 - $10.00 = $31.23 per ton, or $624.60 per acre. "Release of 2021 Crop Budgets." USDA Releases Report Showing Manures Use By Crop, U.S., Five Other Ag Exporting Countries Say India Is Vastly Underreporting Its Wheat, Rice Subsidies, Ag Credit Tightens with Rising Interest Rates and Following Bank Collapses, Ideas Big and Small: Create a Culture of Creativity on Your Farm, Dust Bowl 2.0? Although total driver compensation declined, bonuses, particularly retention bonuses, increased by over 80 percent because of a driver shortage. Farms Elevated autumn temperatures can lead to rapid grain moisture loss, with losses as great as 1% per day when temperatures are high and particularly when also breezy (see Nafziger, September 16, 2017). endobj MYA price estimates for 2022 are used as the marketing year is not over. Long-Grain Rice: To trigger in 89% of the years, the statutory reference price would have to be above $13.00, a 50% increase over the current level. I think it is a good time to borrow rate-wise, with some precautions. The rate from PNW to Japan was $23.25 per mt, unchanged from the last available rate on December 3. For example, the cost of running a 320 horsepower combine on a 2,000-acre farm is $39.70 per acre for corn, equal to the cost of running a 540 horsepower combine on a 2,400-acre farm. WebFor example, state average custom rates for harvesting corn and soybeans per acre increased to $41.63 and $40.18 from $39.34 and $37.29, respectively, two years ago. PLC and ARC-CO are two choices for receiving commodity title payments. Accurate operational cost data are key to public agencies decisions to fund roadway projects, and the efficient movement of freight and commodities, including grain, depend on these projects. Beginning Farmers, Ranchers Increase As Total Farm Numbers Decrease, USDA: Number of U.S. Farms Decline; Farm Size Grows Slightly, Rural Heroes: John Deere Supports Volunteer Firefighters With Documentary Film, The Electric Farm: Rick Rottinghaus Plots A Future Beyond Gasoline And Diesel, Mississippi River Flooding Expected to Peak at the 7th Highest Level Ever Near Quad Cities Next Week, Consistency Key in Thrips and Nematode Protection in Cotton, Arkansas Future Ag Leaders Tour Offers Professional Development, Networking Opportunities For College Students, 6 Steps To Keep Ag Aviation Operators and Drones Safe, Groups Work to Streamline Technical Service Provider Credentials with Other Accreditation, 340 Stakeholders Plead for Ag Research Infrastructure Funding in the Farm Bill, 4 Items EPA Discussed this Week that Will Impact Producers, Arkansas Rice Farmer Testifies Before Senate Ag Subcommittee on Farm Bill Conservation Programs. PLC has provided no payments for soybeans from 2014 through 2022. 4.0 cents per point of moisture, per bushel, removed from 19.1 24.0%, split on half points. There were 1,022 grain barges unloaded in New Orleans, 13 percent higher than the previous week. It is generally most cost effective in the long-run to own and operate a combine and grain cart for corn and soybeans, but important that equipment to be scaled appropriately to the farm. A farm may justify the higher cost per acre, with the expectation for added costs or lost revenue if harvest progressed at a slower pace with the smaller combine. Alternatively, other sources of returns will be needed to justify owning a combine on lower acreage farms. For farms in that situation, the cost of retaining that equipment to use as needed is comparatively lower than the economic cost of a newer implement because depreciation and interest make up a large portion of the economic costs. Schnitkey, G., K. Swanson and N. Paulson. Litz said hes been having conversations with his ag clients since the announcement was made. WebThe total number of bushels in one load can not exceed 1,200. due to weight restrictions per load imposed by the Tennessee Department of Transportation (80,000 lb maximum). These include resurfacing, restoration, and rehabilitation projects on all National Highway System (NHS) roadways, including interstates. To obtain a payment in 64% of the years, the average payment rate across all other crops, soybeans statutory reference price would have to be $10.10, 20% higher than the current level. ARC-CO is a revenue program that makes payments when county revenue is below 86% of benchmark revenue. More beneficial improvements likely come from changes to ARC-CO or the effective reference price mechanism. Growers receiving $6.00 per bushel only need to have an 8% harvest loss to pay for drying costs of $0.50 per bushel. PLC was instituted in the 2014 Farm Bill, and triggers payments when the market year average (MYA) price is below the statutory reference price. Going forward, he said more troubles could still be at hand for producers not just in Clay County, but across the country as the cost of inputs are projected to increase for 2022 and perhaps 2023, with no guarantee that crop prices will match these costs. The views or opinions expressed in this article are those of the author and may not reflect those of AGDAILY. Comments can be submitted until December 24. The University of Illinois farmdoc machinery cost estimates for harvesting include combining, using grain carts, and hauling grain. Figure 3 shows three maps reporting ARC-CO payments on a per base acre basis. On 1100 that would be 33 bushel X 6.50 that would be 215 -60 for 420 W. Marion The other alternative is ARC at the individual farm level (ARC-IC). Zulauf, C., B. WebSales Tax Rate (plus applicable district taxes) Prepayment of Sales Tax Rate (per gallon) 10/2022 06/2023. Typically combining costs are expressed on a per acre basis and run about $30.00 per acre ($0.20/bu @150 bu/acre). This is particularly problematic for farmers who cash-rent their ground for a fixed price. When combines or grain carts are used on fewer acres than those referenced, the cost of operation rises. Lattz, D. and G. Schnitkey. Another consideration is owning equipment that is sized appropriately for acres and production. All rights reserved. Fall contracts and DP are shrunk to 15% moisture. Peanuts: To trigger in 100% of the years, soybeans statutory reference price would have to be above $14.00, the current FSA projection for the 2022 MYA price. This can be a way to reduce capital demands and cover one of the necessary harvest job tasks without the added labor costs of an additional farm operator.
- man dies in car accident in jacksonville, fl OFFICE (910) 483-6869
- rexella van impe stroke HOUSING + HOMELESS PROGRAM (910) 479-HOME (4663)
- nfl front office jobs salaries info@chnnc.org
- 225 Green Street, Suite 410 Fayetteville, NC 28301