Ep. 8 Prospects for 2023 ARC and PLC Payments

00;00;07;24 – 00;00;10;11
Riley Smith
Boys! This is the first mobile podcast we’ve ever done.

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Dr. Hunter Biram
Coming at you live.

00;00;12;17 – 00;00;18;20
Riley Smith
From the brand new Rice Research Center. And what would this be Waldenburg?

00;00;18;25 – 00;00;26;15
Dr. Hunter Biram
No, I think the address is Harrisburg, but Harrisburg, like, we’re really close to Greenville, too. For those of you who know, our Greenville is a

00;00;26;15 – 00;00;27;14
Scott Stiles
greenfield.

00;00;27;14 – 00;00;34;25
Dr. Hunter Biram
Greenfield that’s in the fields like Greenville. Yeah. That’s southeast. Yeah. Let’s go towards Mississippi. Yeah.

00;00;34;28 – 00;00;42;05
Riley Smith
But anyway. Well good morning. Good morning guys. Welcome to your another episode of Morning Coffee and Ag Markets where.

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Dr. Hunter Biram
You can figure that out. One of these days

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Riley Smith
I will I.

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Riley Smith
Will be adventure. Well it’s it’s original I like it.

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Dr. Ryan Loy
It’s raw. It’s raw.

00;00;48;27 – 00;00;59;08
Riley Smith
Uncut and it’s real. But we got Mr. Scott Stiles on the mic with us today, along with Doctor Biram and Doctor Loy. Mr. Scott, how are you?

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Scott Stiles
I’m great. It’s great to be with you.

00;01;01;06 – 00;01;03;19
Riley Smith
Great. How are the how’s the other crew doing?

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Dr. Ryan Loy
I’m doing great. I’m really excited to have Scott here with us. This has been something I’m really been excited for, to hear him and hear what he has to say.

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Dr. Hunter Biram
He and his infinite wisdom and knowledge of markets.

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Riley Smith
Yeah. And exceeds all three of ours put together.

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Dr. Hunter Biram
Oh times 100.

00;01;18;10 – 00;01;40;19
Riley Smith
Yeah. But today, we’re going to be talking about some arc and plc payments, for 2023, and doing the cash flow. So Mr. Scott, if you don’t mind, if you just want to brief us a little bit on, what the topic is, telling us about the 2324 PLC and ARC- Co-payments. That would be, we’ll just get started there.

00;01;40;23 – 00;02;03;03
Scott Stiles
Okay. All right. Sounds good. That’s a question on everybody’s mind right now. Is, cashflows and and, what they can look forward to and this fall and, so, the 23 ARC and PLC payments would be, distributed out in October of this fall. So, that’s what we’ll be talking about today and what we can look forward to.

00;02;03;03 – 00;02;08;20
Dr. Ryan Loy
And, and, in terms of, 23 Art and PLC payments.

00;02;08;22 – 00;02;14;12
Riley Smith
So on, on that, when would any of these payments be made?

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Scott Stiles
Okay. Well, I would.

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Riley Smith
Or be, I guess, be distributed as well. Terminology.

00;02;19;25 – 00;02;25;09
Scott Stiles
The payments for all of the, program commodities would come out in the month of October. Okay.

00;02;25;16 – 00;02;27;14
Dr. Hunter Biram
Is there a day that we should be looking for on that?

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Scott Stiles
And, no, I don’t know of any specific date that they may come out, but sometime during that, during the month of October.

00;02;34;28 – 00;02;43;03
Dr. Ryan Loy
Okay. Scott, you mentioned, cash flows at the very start of your of your talk there. And can you kind of expand upon that and why that would be important as it relates to ARC and PLC?

00;02;43;09 – 00;03;05;10
Scott Stiles
Well, I mean, at this point where it there’s been a lot of discussion about the decline in commodity prices for the 24 crop. So, any assistance we can get out of the safety net programs for 24 would be actually come out a year from now. So we’re looking at, well, what what can we look forward to in terms of assistance now.

00;03;05;13 – 00;03;15;11
Scott Stiles
And so I guess that’s why we’re talking about days is what assistance can producers look forward to in the very near term before, you know, before the end of the year?

00;03;15;13 – 00;03;38;18
Dr. Hunter Biram
Right. Because, I mean, there may be folks who might not make it to 2024. So, you know, if we get this extension on the current farm bill and sign up for ARC and PLC, put your base acres in that, who’s to say that they’re even going to be able to get the cash flow right 2025 into. So to be able to make it even to that point so that just, you know, emphasize, re-emphasize the importance of how urgently these payments.

00;03;38;21 – 00;03;51;27
Dr. Ryan Loy
I and I think even more so we’re going to see a lot of refinancing come this fall. And so that’s something that’s going to be very important to those people who have to do that. And so I think it’s a very important topic you brought up, and I really appreciate you. Shining some light on that.

00;03;51;27 – 00;03;53;11
Scott Stiles
Okay. Appreciate that.

00;03;53;13 – 00;04;00;22
Riley Smith
So my next question would be, does it appear that any PLC payments will be made for 2023?

00;04;00;25 – 00;04;24;09
Scott Stiles
Okay. So we did see, you know, we have seen some sharp declines in the back end for the 23/24 market in year. And, but unfortunately, the the season average prices for 23 and 24 don’t exceed the reference prices for every commodity. So I don’t think we can at this point. We are making projections for most of the commodities.

00;04;24;09 – 00;04;35;02
Scott Stiles
But, at this point it looks like the season averages will be above the reference prices for PLC. So we wouldn’t wouldn’t see any PLC payments for any program commodity.

00;04;35;02 – 00;04;49;11
Riley Smith
So so for those out there that don’t know what maybe PLC does, why why is it that we have like kind of what dictates the we’re getting paid for 2023 right. In 2024. What kind of dictates that?

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Scott Stiles
Okay. So the reason they’re they’re paid a year behind is because of the, the fact that we need a, a season average, or a price that’s average over for marketing year. So like in the case of corn and soybeans and marketing year would start, September 1st of 2023 and the end August 31st to 24.

00;05;11;29 – 00;05;28;04
Scott Stiles
So to have all the the price data, you know, you’re looking at a 12 month market in a year, but it spans really into two calendar year. So so the 23 mark, that year’s just ending, the end of August. And so that’s.

00;05;28;07 – 00;05;42;01
Dr. Hunter Biram
And if I can jump in here, Scott, can can you help us to, understand more of the difference between a marketing year, maybe a calendar year and what that marketing year average price is used in that PLC calculation.

00;05;42;01 – 00;06;09;26
Scott Stiles
So the marketing year is going to start basically when the crop harvest begins for a particular crop. So like we were talking about and corn and beans that starts September 1st. So it’s really kind of the captures the start of harvest in the southern states. And, and then and then they are assuming too, that producers may, you know, market some of their crop over, you know, it may be stored and it may be marketed out, you know, over, you know, over a period of time and not just at harvest.

00;06;09;26 – 00;06;21;07
Scott Stiles
So, so, USDA is taking into account that growers may store and, and, and then sell at different points over the upcoming year or so.

00;06;21;09 – 00;06;41;11
Riley Smith
Well, that kind of gets my wheels turning. So in the case of that, say you do have somebody storing grain, like, I know a buddy of mine that stored 40,000 bushels of corn from last year would in a case that he would receive a PLC payment, does it if he passes, say, August 31st on that corn and hasn’t sold it yet, even though I know that’s a long time.

00;06;41;11 – 00;06;46;18
Riley Smith
To hold grain. Yeah. Would he still receive a payment for that because it was the previous farm year?

00;06;46;20 – 00;06;48;23
Scott Stiles
Yeah, I would okay.

00;06;48;25 – 00;06;53;08
Riley Smith
All right. So, what about 2023 art County payments?

00;06;53;08 – 00;07;19;09
Scott Stiles
Okay. So there are a few select counties that will receive a ARC-Co county payments. And we have final numbers for wheat. And we had seven counties in Arkansas that will get, wheat payments. Now we talked about, you know, in ARC county there’s it’s a revenue based program. So, you could have an art payment trigger on, based on low prices or low yield or some combination of the two.

00;07;19;12 – 00;07;55;18
Scott Stiles
But, and in every case, you know, the commodity prices were high enough that they were two had a trigger, an arc payment. So in those cases, you would have county yields that were well below the benchmark. And that’s what happened. And the counties that will receive the art, wheat payments and yields from ten, some counties that yields as low as ten bushels and then some as, it’s, as, you know, in, in the 30s and, and, so in those cases, you had, you know, situations where the county yields were way off or for whatever reason.

00;07;55;21 – 00;08;03;23
Scott Stiles
And, so we have so those have been finalized. So we know that there will be 70 and that’ll get that’ll get ARC payment.

00;08;03;25 – 00;08;09;06
Dr. Ryan Loy
So very good. You mentioned some counties might get ARC payments. You know what. What counties are the ones that could expect that ma’am.

00;08;09;06 – 00;08;31;27
Scott Stiles
Okay. So we’ve got you can kind of draw actually, if you look at a map of the state, you can kind of draw a diagonal line from southwest Arkansas to, Pulaski, White County, Jackson County would be three. And then you’ve got little River, Miller and Hempstead and again in the south southwest corner of the state and Lee County.

00;08;32;00 – 00;08;44;07
Scott Stiles
NE and east central Arkansas. So you’ve got kind of a, you know, for some reason, there was kind of a geographic line you could follow, right, that, the that had a low wheat yield for, for whatever reason.

00;08;44;13 – 00;09;05;17
Dr. Ryan Loy
That’s very interesting. Yeah. Very interesting. And this is maybe just kind of off the cuff of a question, but, you know, with PLC and Arc not triggering and and with it being a safety net, what else can producers do to maybe limit their risk, minimize their risk and just maybe overall better manage their risk, given that they’re already, you know, involved in this program?

00;09;05;19 – 00;09;39;17
Scott Stiles
Well, I mean, outside of the, the safety net program, which is, you know, it’s paid out. And I mean, when you’re looking at a program like ARC county, it’s based on county yields and historic county yields, and you’re relying on, on, historic county yields and, and what the average producer market says crop for. So I guess if you want to take that to, you know, more, own far individual farm level, you know, you would look at something like, the options market or, or hedging with futures or something, and then you could actually add your own level of production.

00;09;39;19 – 00;09;58;24
Scott Stiles
And that might be an alternative to this and where you would be protecting all of your bushels. And in this case with ARC and PLC, you’re paid on 85% of base, and, and payments based on historical yields. And and so a number of other factors that aren’t really farm specific. So.

00;09;58;27 – 00;10;01;16
Dr. Ryan Loy
Right, so you’re kind of beholden to others at that point. Right.

00;10;01;16 – 00;10;03;21
Scott Stiles
And it’s true. So and so what do.

00;10;03;21 – 00;10;11;26
Riley Smith
You see with ARC-co payments are those kind of off assumption. Or are those mostly non irrigated acres.

00;10;11;28 – 00;10;39;27
Scott Stiles
Well that we’re going to get to that because we got some other crops that and other counties that may get payments. So we had one county it was Clay County, that will get a non irrigated corn payment. That’s pretty significant I think $69 an acre. Payment. Well, and, so, there’s, also three counties that will get non irrigated, soybean ARC payment.

00;10;39;29 – 00;10;59;10
Scott Stiles
And so these are, situations where you’ve got a lot of yield variability. Those tend to be situations where you see ARC -CO payments triggered. And that’s that’s what we’re seeing. Clay County had a benchmark corn yield of 174. And the actual yield was 109 and oh one.

00;10;59;15 – 00;11;00;02
Dr. Ryan Loy
Oh, wow.

00;11;00;02 – 00;11;25;25
Scott Stiles
You think back to last, you know, in 23, there were areas in northeast Arkansas that went, I think, 47 days without any rain. Rain stopped 1st June and we didn’t see any rain till mid-July. So it you know, you went in a, you know, a critical, pollination phase, you know, for corn that, you know, you had no rain and extreme heat.

00;11;25;25 – 00;11;41;13
Dr. Ryan Loy
So you can tell that and those situations where you couldn’t irrigate, it really had an impact on yield. The main, yields and the counties that triggered Ark County were, range from seven bushels to 19 bushels. And bushels.

00;11;41;13 – 00;11;42;07
Dr. Hunter Biram
An acre. Yep.

00;11;42;11 – 00;11;43;13
Dr. Ryan Loy
So holy moly.

00;11;43;14 – 00;11;44;21
Dr. Hunter Biram
Oh, wow.

00;11;44;23 – 00;11;48;17
Riley Smith
That almost sounds like organic farming, right.

00;11;48;20 – 00;11;51;25
Dr. Hunter Biram
So that’s a low yield. Very low yield.

00;11;51;28 – 00;11;53;06
Scott Stiles
That is a low yield.

00;11;53;08 – 00;11;59;21
Riley Smith
Though. So you were talking you said we were going to get into it, but you said there were some other crops. What’s what other crops? Okay.

00;11;59;21 – 00;12;14;18
Scott Stiles
So the the Clay County was only kind of get they would get a non irrigated corn payment. And then Falconer little River and prairie looked to get a non irrigated based soybean payment.

00;12;14;20 – 00;12;21;27
Riley Smith
So is there any projected payments outside of corn and soybeans on like, cotton or rice or peanuts?

00;12;21;27 – 00;12;46;27
Scott Stiles
No. And I’ll just as a reminder that most of the the base acres, I’d say almost 100% for rice is in PLC program and state and then 97% cotton and peanut bases in PLC. And, so there’s no, no projected ARC payments for those crops and no projected PLC payments either. For for those three. Okay.

00;12;47;00 – 00;12;47;25
Dr. Ryan Loy
Oh, boy.

00;12;47;28 – 00;13;01;10
Dr. Hunter Biram
Yeah. You know, a lot of you, good. Talk about base difference in base and planted. So, you know, base acres are based on historical plantings and may not necessarily reflect actual plant history.

00;13;01;10 – 00;13;26;12
Scott Stiles
So anyway, there are situations where, you know, it’s a question we get a lot is that even if a producer doesn’t plant his base, will they still get these payments? And the answer to that is yes. And these these payments are not tied to actual plantings. So they’re, you know, base is what you store in the historical production on the farms, not actually what you’re what you planted in a certain year.

00;13;26;14 – 00;13;39;26
Dr. Ryan Loy
That’s very interesting. And I think it’s a good point to bring up, I think. What was it, was it Prairie County? You and I were looking at Hunter where almost a majority of their base acre was in wheat, which I thought was an interesting. I thought that was very interesting. I don’t know to what extent.

00;13;39;26 – 00;13;40;26
Dr. Hunter Biram
That was for PLC.

00;13;40;26 – 00;13;41;01
Dr. Ryan Loy
Yeah.

00;13;41;01 – 00;13;46;11
Dr. Hunter Biram
For planting analysis that we’re looking at for these farm bill proposals. Yeah. It was almost all wheat, which was interesting to me.

00;13;46;11 – 00;13;47;18
Dr. Ryan Loy
Very interesting.

00;13;47;21 – 00;13;48;09
Scott Stiles
Surprised.

00;13;48;16 – 00;13;49;18
Dr. Ryan Loy
Yeah. Likewise.

00;13;49;18 – 00;14;06;26
Dr. Hunter Biram
We were very surprised, or at least maybe more specifically there was a lot of base relative to planet I. Yes. That’s, that’s, that’s probably really what it was because I mean, it’s, I mean there’s it’s a pretty diverse County Roscommon. There’s a lot different things growing there. And so but I was surprised to see the ratio of base to plant and acres base.

00;14;06;26 – 00;14;08;27
Dr. Hunter Biram
So, it was like 17.

00;14;09;00 – 00;14;28;29
Dr. Ryan Loy
Was it was extremely high, much higher than I would have ever assumed. So that’s good. Let’s kind of have a kind of a offhand a question for you and I. This one’s more for our kind of our beginning listeners, or maybe people who are wanting to get into farming or whatever it may be. How can they get involved in this program and how do they how did they enroll in PLC, how do they know what their base acreage is and stuff like that?

00;14;28;29 – 00;14;31;11
Dr. Ryan Loy
And it might be a long winded question, so apologies.

00;14;31;18 – 00;14;48;21
Scott Stiles
Okay. Well, these are, safety net programs offered through the farm bills that we try to pass. We used to try to pass a every five years under, but, we’re, working on a ten year farm bill now, as I guess you could say. But, we extend the 18 bill a year. We may extend it again. Who knows?

00;14;48;21 – 00;15;24;29
Scott Stiles
But, but anyway, these are the the safety net programs that, were created. We really were working under safety net programs that were created in 14 farm bill and and, so that’s, I guess a common complaint maybe among growers is that, well, that was 14 was the last time we had a chance to update our base and and, yields and and maybe we’ve since we’re a decade into that type of safety net, maybe when it’s time to revisit updating yields and base and make it more reflective of, of, where we are today.

00;15;24;29 – 00;15;26;11
Dr. Ryan Loy
And, so.

00;15;26;14 – 00;15;37;09
Riley Smith
Gosh, can you imagine what the I mean, you just think 14 to now think about the technology and seed varieties and what’s changed. And so the amount of bushels per acre we’re receiving now versus then.

00;15;37;11 – 00;15;38;28
Dr. Ryan Loy
Yeah. Wow.

00;15;39;00 – 00;15;47;02
Riley Smith
It’s crazy how much that would change the baked acreage. Reevaluating that in a ten year period. Oh I mean.

00;15;47;04 – 00;15;47;25
Dr. Ryan Loy
Yeah, that.

00;15;47;25 – 00;15;50;12
Riley Smith
Would be probably astronomical, I would guess.

00;15;50;15 – 00;15;51;03
Dr. Ryan Loy
I would agree.

00;15;51;08 – 00;16;03;02
Scott Stiles
Yeah. I would say, you know, crops like wheat that we’ve lost acreage in, you know, the base, it’d be it would really diminish and you know, and probably increase that on some of the other crops. Soybean maybe. Yeah.

00;16;03;03 – 00;16;07;22
Dr. Hunter Biram
But that, ratio that we’re talking about probably wouldn’t be, zero.

00;16;07;24 – 00;16;11;14
Dr. Ryan Loy
To zero, which is what I kind of expected. So at the front right.

00;16;11;16 – 00;16;22;21
Riley Smith
Now, I would probably assume I know that you’re a big cotton guy. But I’ve noticed around the house that there’s a lot more acreage in cotton now than there was back in 2012, 2013.

00;16;22;24 – 00;16;26;10
Scott Stiles
It is this year, so it may maybe not next year.

00;16;26;10 – 00;16;31;24
Scott Stiles
But what they did is they just this year.

00;16;31;26 – 00;16;38;29
Riley Smith
I’ve got I’ve talked to some growers and they’re like finally something marketable to farm next year. I’m like, you might have to look at horticulture.

00;16;39;01 – 00;16;42;27
Dr. Hunter Biram
So that’s something that the cattle. Yeah.

00;16;42;29 – 00;16;45;08
Riley Smith
You might have to start farming pumpkins or something.

00;16;45;08 – 00;16;47;17
Dr. Ryan Loy
Yeah. Popcorn. Yeah.

00;16;47;19 – 00;16;50;09
Riley Smith
But oh great. Guys, y’all got any more questions?

00;16;50;14 – 00;16;55;09
Dr. Ryan Loy
I think I’m good. I’m. Scott, I really appreciate you come and talking to us today. It’s it’s been great. I’ve learned a lot.

00;16;55;09 – 00;16;57;09
Dr. Hunter Biram
It’s been a lot of fun. It has. Yeah. Okay.

00;16;57;11 – 00;17;00;23
Dr. Ryan Loy
And I’m looking forward to seeing how this, getting a tour of this center and the.

00;17;00;23 – 00;17;02;18
Dr. Hunter Biram
Grand opening today. Yeah.

00;17;02;20 – 00;17;08;24
Dr. Ryan Loy
I really like the architecture, the grain bin silos. Yeah, as part of the architecture, it.

00;17;09;00 – 00;17;25;01
Dr. Hunter Biram
I remember seeing the artist’s rendering of it, and I was like, man, that’d be so cool. That actually looked like that. Because, you know, these artist renderings, it’s all about utopia. But, like, I’ll pull up here a couple weeks ago, I was like, Holy smokes, it looks better than the rendering. So I’m pretty impressed with it. Yeah.

00;17;25;01 – 00;17;30;06
Riley Smith
And I mentioned where we’re at, but, the governor’s going to be here today, and that’s a pretty big deal.

00;17;30;13 – 00;17;31;14
Dr. Ryan Loy
That’s right. Yeah.

00;17;31;16 – 00;17;36;24
Riley Smith
Having the grand opening. So there might be a, cutting or what do you call it, cutting.

00;17;36;26 – 00;17;37;23
Dr. Ryan Loy
A ribbon ceremony.

00;17;38;00 – 00;17;42;28
Riley Smith
Ribbon ceremony? Yeah. So, yeah, a lot of, a lot of big names here today.

00;17;42;28 – 00;17;44;08
Dr. Ryan Loy
And. That’s right.

00;17;44;11 – 00;18;00;16
Dr. Hunter Biram
It’s just very it is very important to the state. You know, I think that just I think that just goes to show you that the rice industry is very important to the state and associated crops that are grown with rice, because rice farmers don’t just farm rice, most of the time, they’re going to probably have beans in that rotation, maybe doing beans with rice.

00;18;00;16 – 00;18;17;05
Dr. Hunter Biram
And so it’s just a it’s just a it’s a it’s very impactful to the state of Arkansas, to the industry. And it’s more than just production though. I mean, there’s a test kitchen in here. There’s a classroom where people can look at, how, how rice is processed and how the whole is removed and the brand and all that stuff.

00;18;17;05 – 00;18;24;16
Dr. Hunter Biram
So, I mean, it’s I think, I think it’s going to be, pretty transformative in terms of, education to the public. I think it will be fantastic.

00;18;24;17 – 00;18;29;21
Dr. Ryan Loy
Yep, I agree, I agree. I’m excited for the day, gentlemen. Well, I guess we ought to.

00;18;29;23 – 00;18;32;10
Dr. Hunter Biram
I think with that, I think we’re good. It looks like.

00;18;32;17 – 00;18;34;16
Riley Smith
Well, Mr. Scott, thank you for being on here.

00;18;34;17 – 00;18;35;20
Scott Stiles
Thank you.

00;18;35;23 – 00;18;37;25
Riley Smith
Guys, happy to be here!

00;18;37;28 – 00;18;38;03
Dr. Ryan Loy
Yeah, me too.

00;18;38;10 – 00;18;39;13
Riley Smith
First mobile podcast!

00;18;39;14 – 00;18;39;29
Dr. Ryan Loy
That’s right.

00;18;39;29 – 00;18;40;18
Riley Smith
That’s exciting.

00;18;40;24 – 00;18;40;29
Dr. Hunter Biram
Yeah.

00;18;40;29 – 00;19;00;26
Riley Smith
So what’s that? Y’all are gonna catch my market report at the end of this. So we’ll catch you on the flip flop. Bye bye. Now. All right. guys well here is your market report September 24. Corn current prices at $3.65 per bushel. Your month ago price ago price was $3.96.

00;19;00;26 – 00;19;34;10
Riley Smith
That’s down $0.31. Year ago price was $4.70. Down $1.05. September 24 rice. It’s at $15.13 per cwt. A month ago, price was at $15.21 per cwt. The difference on that’s $0.08. Year ago, price was $16.55 per cwt. Went down $1.42 November 24. Soybeans $9.77 per bushel. A month ago, price was at $10.40 per bushel.

00;19;34;13 – 00;20;06;00
Riley Smith
The difference, is down $0.63. Year ago price was at $13.93. Down $4.16. That is astronomical. July 25 Wheat. Current price $5.80 per bushel. Month ago. Price is $5.92 per bushel. Difference on that and down $0.12 year ago. Price is at $6.57 per bushel, down $0.77 December 24. Cotton’s at $0.69 per pound. And it’s rounds up.

00;20;06;00 – 00;20;37;27
Riley Smith
So it’s actually $0.68 per pound a month ago it was $0.69, but the difference was $0.01. That’s the difference year ago was $0.87 per pound difference is down $0.18 a weekly U.S average on peanuts, $546 per ton, month ago was at $532 per ton. The difference is it’s actually up $14 a ton a year ago is at 578, down $32.

00;20;38;00 – 00;21;09;02
Riley Smith
So that’s your commodity futures, your input prices or your fertilizer prices this week. Not changed very much. It’ll be changed next week. You Urea $495 per ton. UAN 32-0-0 is at $537.50 per ton DAP, $752.50 per ton. Potash, $460 per ton. AG lime $60 per ton. And your diesel prices weeks at $2.53 per gallon.

00;21;09;04 – 00;21;35;23
Riley Smith
Your Mississippi River level this week at, Memphis. Current levels had -4.5 year ago was at three, -3.94. So we’re in worse situation, than we were a year ago. So with that being said, I wanted to thank you guys for listening to another episode of Morning Coffee and AG Markets. We hope you enjoyed it. Hope you enjoyed your morning coffee and y’all have a great rest of your week.

00;21;35;23 – 00;21;51;23
Riley Smith
We’ll catch you on the flip flop. Bye bye now.

00;21;51;25 – 00;21;52;07
Riley Smith