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Cash Rent Land Auction
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PFI
Posted 11/28/2014 20:01 (#4207679 - in reply to #4206825)
Subject: RE: Cash Rent Land Auction


crazy yes

doable yes

crazy yes

corn:
seed-$60 (yes its doable and its traited)
fert-$100 (one year deal he will just flog the N on and go. for one year extra N will make a corn plant produce)
herb-$20 (one pass PRE of generic, guy is probably doing his own spraying)
insurance-$15 (that will come close to getting some decent coverage)
fuel-$20 (depends on lots of things but that's a stab)
rent-$350
machinery, liability insurance, etc-hard to say, might be relatively small or could be quite large. based on the details its likely a big operation that will benefit from getting machines over acres so who know

$565/acre
175@4 is $700/acre

$135/acre profit

looks like it works to me, and you are blind if you don't think there are operation out there that will jump on this even if that profit was missing the 1.

you asked, I told
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